The industry's own research.
58 items
CBRE publishes retail market data and figures for Calgary covering the first half of 2026.
Calgary-based Boardwalk REIT (TSX: BEI.UN) and Montreal-based Desjardins Global Asset Management (DGAM) have formed a new joint venture focused on acquiring and owning high-quality multi-family assets across Western Canada. “The intent of both parties is to build a long-term partnership that is expected to grow…
Interview with JLL executive discussing supply constraints and market dynamics in Calgary's industrial real estate sector.
Green Street publishes a forecast for Calgary's industrial real estate market in the latter half of 2026.
A major industrial property listing in Calgary is positioned to rank among the largest transactions of the year.
The property was ordered into receivership last year for failing to repay loans in excess of $139 million
KatloTech pitches IceFox campus in Hay River and fiber route south to Alberta
StratGrid has two data centers currently in development in the Canadian province
Overall, tightening inventory will be the prevailing storyline for Edmonton's markets, said McGavigan.
Some communities are pushing back. Rocky View County, near Calgary, has imposed a temporary moratorium on new data centre proposals
Albertans don’t appear to be sold on data centres, and they aren’t overwhelmingly skeptical either, a new Leger survey suggests. Forty-two per cent of those polled said they want a temporary pause on new approvals for large AI data centres until an independent public review examines the effects on electricity…
'What we'd like to do is sell it to someone that's going to treat it like a generational asset'
"These aren't your typical condos. I like to think of it as a series of stacked luxury homes within one building."
For years, the Canadian market has struggled to attract new listings, especially as consolidation and take-private deals remove stocks from the TSX
'CFB Edmonton remains ready to support the Canadian Army as it expands to meet these important obligations'
'Where I get concerned is if we start to see outflows'
CBRE figures on vacancy, leasing activity, and market conditions in Calgary's suburban office sector for the second quarter of 2026.
Skyline Apartment REIT completed a sale of the Portofino Suites property in Edmonton, Alberta.
The 650-megawatt natural gas power plant is proposed for northeast of Peace River and is highlighting broader environmental concerns about Alberta's rapidly expanding AI data centre industry
Edmonton multifamily vacancy rose only 70 basis points last year and completions are set to rebound above 7,000 units in 2026.
The federal government has allocated $29 million in funding toward an affordable housing development at Currie Barracks in Calgary.
A luxury residential development in Calgary's Kensington neighbourhood reports strong sales momentum, with larger suites including penthouse units largely sold out.
GWL Realty has acquired the redeveloped Northland Village property in Calgary for $154 million.
A Walmart Supercentre is being developed at Taza Park West on Tsuut'ina Nation land in the Calgary area, expanding the retail shopping destination.
Pet Valu is opening a new distribution facility in Balzac, Calgary, creating 100 skilled jobs and supporting regional growth across Alberta, Saskatchewan, and Manitoba.
Atlas Development is handing over a renovated building to Lululemon for interior build-out to the company's specifications.
A warehouse lease listing in Calgary's Highfield area is noted for its historical connection to the city's business heritage.
A commercial real estate executive comments on improving occupancy trends in downtown office towers and retail spaces across the central core.
Calgary-based developer Vesta Properties is planning a mixed-use project on inner-city land, incorporating modern design, energy efficiency, and walkable amenities.
Truman Homes is launching a new residential development in Calgary's University District, following three prior sold-out projects in the area.
Armco Capital has acquired the First Canadian Centre office property in downtown Calgary, positioning the investment as part of a broader strategy in Western Canada's economic hub.
Investment in Calgary rental properties nearly doubled in the first half of 2024, driven by population growth and rising rents according to local market commentary.
Aspen and Rohit have become co-owners of three office properties in downtown Edmonton.
Feature examining retrofit strategies and initiatives aimed at revitalizing downtown areas across Alberta's major cities.
Parrish & Heimbecker has sold newly acquired facilities to Cargill in a quick transaction.
There's a version of new home construction that most buyers know well: a patchwork of builders, a streetscape that never quite coheres, a construction zone that lingers years after move-in. Mattamy Homes has spent decades building something different. And in Calgary and Airdrie, that difference is on full display…
By any measure, Alberta is outperforming the rest of the country when it comes to getting shovels in the ground and homes built. The numbers tell the story. Alberta recorded a surge in housing starts in 2025, rising sharply year over year, while Ontario moved in the opposite direction, with starts falling and…
Edmonton recorded 96,144 square feet of positive net absorption in Q1 2026, with overall vacancy holding steady at 15.4%, as downtown strength—driven by the Financial district and Government cluster—offset modest suburban softness. The market is shifting toward "flight to experience" strategies where high-tier properties emphasize hospitality-driven services and plug-and-play solutions, while tenants increasingly favor flexible lease terms and furnished suites to manage build-out costs and timelines.
This is a market report published by Colliers in March 2026 covering the office sector in Calgary's Beltline and suburban areas for the first quarter of 2026.
The Edmonton Industrial Market Report for Q1 2026 from Avison Young documents Greater Edmonton's industrial market conditions, noting 12,044 square feet of negative absorption with vacancy remaining flat at 3.8%, driven partly by a single large-scale older generation property of 277,606 square feet entering the market. The report identifies three key market drivers: defense industry positioning linked to Canadian Forces Base Edmonton and the Royal Canadian Air Force's anticipated Western Main Operating Base; recreation operators (pickleball clubs, climbing facilities, sports leagues) leasing mid-size industrial spaces between 15,000 to 45,000 square feet; and data centre development momentum around powered sites including the Keephills project involving TransAlta, CPP Investments, and Brookfield, and Project Greenlight in Sturgeon County backed by Pembina, Kineticor, and OPTrust.
The Edmonton office market in Q1 2026 experienced positive absorption of 23,278 square feet, reducing the city-wide vacancy rate to 17.8%, with gross asking rents at $32.51 per square foot across all property classes. Notable activity included ATCO's announced relocation to ATCO Centre (accommodating approximately 1,200 employees), the Intact Building sale for $24 million at a 10.22% capitalization rate, and increased downtown foot traffic following the Alberta government's October 2025 announcement of mandatory full-time in-office work beginning February 2026.
Calgary's office market in Q1 2026 recorded 46,589 square feet of city-wide absorption with an overall vacancy rate of 22.8%, down 0.1% from the previous quarter, while downtown faced structural headwinds from energy sector consolidation and M&A activity with a 27.6% vacancy rate, though the Beltline and suburbs showed resilience with respective vacancy rates of 15.6% and 16.2%. Startup energy companies and residential conversions emerged as positive drivers, with investor confidence reflected in strategic acquisitions including Dominium's $60 million purchase of the Imperial Oil campus in Quarry Park and other notable transactions in the suburban and urban submarkets.
The Edmonton industrial market recorded 87,529 square feet of net absorption in Q1 2026, reducing overall vacancy to 5.7%, with the Southeast and Leduc/Nisku submarkets leading positive leasing momentum. Alberta's real GDP growth is expected to moderate to 2.0% in both 2026 and 2027 amid geopolitical headwinds, while construction activity is projected to accelerate with over 1,000,000 square feet expected for completion by year-end 2026, with approximately 77% already pre-leased.
This is a market report published by JLL in March 2026 covering industrial sector dynamics in Edmonton, Alberta during the first quarter of 2026.
The Calgary Industrial Market Report Q1 2026 covers leasing activity, construction trends, and land acquisition patterns in Calgary's industrial sector, finding that speculative construction surged with over 4 million square feet slated for delivery by 2027, while owner-users dominated sales activity at 68% of total volume compared to 50% in 2025, with the overall vacancy rate at 4.3%. The report notes that despite negative absorption in the large format segment, demand is growing steadily, land prices increased 12% per acre year-over-year, and 2.4 million square feet of the 4.4 million square feet under construction is pre-leased.
This is a market report published by JLL in Q1 2026 covering industrial sector dynamics in Calgary, Alberta. The report examines conditions and trends in the Calgary industrial market as of the first quarter of 2026.
Calgary office vacancy reached 21.2% in Q1 2026, down 200 basis points from a year ago. Industrial vacancy was essentially flat at 5.2%, up just 10 basis points from the prior quarter, while retail vacancy rose to 4.7% at year-end 2025 from 3.6% in Q3 2025.
Edmonton's rental market demonstrated resilience through 2025 with rents reaching new highs despite elevated vacancy and substantial construction activity, supported by strong population inflows of young adults attracted to affordability and employment in public administration, health care, logistics, and technology. The report projects that steady in-migration, improved labor conditions, and Edmonton's affordability advantage will sustain moderate, inflation-paced rent growth through 2026 as the market absorbs elevated completions.
This is a quarterly data report published by CBRE on March 31, 2026, presenting office sector figures for downtown Calgary, Alberta, Canada for the first quarter of 2026.
This is a market data report published by CBRE on March 31, 2026, presenting industrial sector figures for Edmonton, Alberta for the first quarter of 2026.
This is a first-quarter 2026 market report on the Calgary office sector published by JLL on March 31, 2026.
This is a data figures report published by CBRE on March 31, 2026, presenting office sector metrics for Edmonton, Alberta in the first quarter of 2026.
Calgary's retail market in Q1 2026 showed a total vacancy rate of 3.2% with 46.5 million square feet of inventory and average achieved rents of $37.60 per square foot, supported by a resilient economy, strong labour market, and healthy demand for grocery-anchored and service-based retailers. The report identifies three key trends: evolving consumer preferences driving demand for experiential and convenience retail, federal-provincial childcare funding reshaping the market with increased absorption of commercial real estate by non-profit operators, and Competition Bureau enforcement creating new legal risks around exclusivity clauses and restrictive covenants in retail leases across all sectors.
This is a data-figures report published by CBRE on March 31, 2026, presenting first-quarter 2026 office market figures for suburban Calgary, Alberta, Canada.
This is a market report published by JLL on December 31, 2025, covering office sector dynamics in Edmonton, Alberta, Canada for the fourth quarter of 2025.
Edmonton's retail market demonstrates resilience with a 4.9% vacancy rate (up 0.4% from 2024), 37.9 million square feet of total inventory (up 365,000 sf from 2024), 543,000 square feet under construction year-to-date 2025, and average base rent of $36.14 per square foot (up $3.88 from 2024), signaling ongoing recovery and stability following pandemic disruptions. The document identifies three key retail trends: Edmonton leads Canada in per capita retail expenditures driven by energy-sector employment and population growth; federal-provincial childcare funding has reshaped the market toward non-profit and preschool-only operators; and Competition Bureau enforcement has placed new scrutiny on exclusivity clauses and restrictive covenants in retail leases across all sectors.
Edmonton's multifamily rental market in the first half of 2025 experienced moderated migration growth, a 3.1% vacancy rate as of October 2024, and median rents of $1,295 for one-bedroom and $1,629 for two-bedroom units—both below national averages. The market fundamentals show 127 total properties sold with $779.1 million in sales volume year-to-date, an unemployment rate of 7.3%, and multiple developments in the construction pipeline expected to deliver over 1,500 new rental units by 2026, with The Parks downtown introducing 363 units in the first half of 2025.
Second CIB Building Retrofits Initiative loan to Dream Industrial (first was 2022).