A Single Number is Driving Edmonton’s Industrial Real Estate Market

We’ve written extensively about how Edmonton’s commercial real estate market is directly linked to the price of oil.  This week, we’re going to be even more specific and show how Edmonton’s industrial real estate market is hinged to the price of Canadian oil prices (Western Canadian Select). First a bit of background: oil prices, when[…]

Oil Update – Edmonton Commercial

It may not feel like spring quite yet, but the drilling industry is in the midst of the annual “spring break-up”.  Around this time each year, the earth thaws and the ground becomes soft, muddy and generally harder to work in.  It is a period of considerable slow down, as evidenced by recent statistics showing roughly 3/4[…]

Marijuana and Edmonton Commercial Real Estate: Part Two

Last week we wrote an article about how the forthcoming legalization of marijuana could have a big impact on Edmonton’s commercial real estate market.  A number of high profile projects are already underway, and the total footprint of marijuana growers occupying industrial real estate in Greater Edmonton will exceed one million square feet before marijuana[…]

How Marijuana Legalization Will Impact Edmonton’s Industrial Real Estate Market

As a sign of the times, we had 6 calls last week from different marijuana grow operators looking for industrial space in Greater Edmonton. Ranging from small operators to large enterprises, these groups are looking to capitalize on marijuana being legalized this upcoming summer.  There are already some big players in the market too.  Aurora Cannabis[…]

What Edmonton Looks Like From a Helicopter

If you’ve read any of our +150 posts, you’ll know we typically write objective articles about economic factors impacting the commercial real estate market in Edmonton.  For example, two weeks ago we wrote about the Edmonton Metro Region and the week before that we reported on the annexation process in south Edmonton. This week we’re[…]

Why is there no Central Database for Commercial Properties?

We often get asked why there’s no central database for commercial real estate properties. While a majority of residential listings can be found on the MLS (www.realtor.ca), there is a significantly smaller percentage of commercial listings available on any one single platform. By choice, many of the commercial real estate brokerages in Alberta are not[…]

LEASED: Acheson Industrial Space For Lease

For Lease Trans West Place 26229 Township Rd 531A, Acheson Industrial Park – Zone 2 – Variety of unit sizes, 5,992 – 16,035 sq. ft available – Strategically located immediately off Highway 60 between Highway 16 (Yellowhead Trail) and Highway 16A – Fenced yard area available – 22’ clear ceiling height, sprinklered, 14’ grade loading[…]