Figures

Edmonton Retail Figures 2026

Strong leasing helps market remain flat despite tenant departures

September 15, 2026 5 Minute Read

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  • This report was previously published on a semi-annual basis. Beginning with this edition, it will be published annually, every August.
  • The departure of Hudson's Bay Company has left a considerable amount of space across many Super Regional Centers with the most notable being in Southgate and West Edmonton Mall, which doubled the Super Regional vacancy to 4.1%. This was offset with strong leasing across other nodes in the city allowing overall retail vacancy to remain flat from 2025 at 5.6%.
  • Vacancy decreased across several submarkets with the most notable decline in the CBD, Northwest, and Sherwood Park districts.
  • The Edmonton retail landscape has undergone many changes in the past few years, adapting to evolving consumer behavior by embracing popular experiential retail concepts like fitness studios and golf simulators seen in other major urban markets. Despite the closures of a few longstanding restaurants, the city has also witnessed the opening of several high-end, European-inspired cocktail bars and restaurants within the downtown core.