Figures
Edmonton Industrial Figures Q3 2026
Large-bay availabilities mask underlying healthy fundamentals
October 15, 2026 5 Minute Read
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- Negative net absorption exceeded 215,000 sq. ft. this quarter, lifting availability and vacancy by 40 basis points (bps). Several large spaces returning to inventory outweighed above-average leasing activity and deal volume.
- Transactions of 25,000 sq. ft. or less accounted for 82.4% of deals, down from over 91.0% last quarter. Larger-format leasing strengthened, with seven deals above 50,000 sq. ft. comprising nearly one-third of total deal volume.
- Nearly 383,000 sq. ft. of speculative space was delivered this quarter, with 282,000 sq. ft. more expected by year-end. Q4 deliveries are 40.0% pre-leased, compared with 11.2% for Q3 supply.
- Meta’s proposed $13B, 1-gigawatt data centre in Sturgeon County is expected to create 3,000 construction jobs and 300 permanent positions while supporting additional industrial growth and demand across the Edmonton market.