Edmonton Real Estate Forum Industrial Market Update April 15, 2009 Presented by: Rod Connop, Vice President
St. Albert Vacancy 0.44% Central Vacancy 2.28% Greater Edmonton Industrial Vacancy Northwest Vacancy 4.04% Northeast Vacancy 0.00% Sherwood Park Vacancy 1.35% Acheson Vacancy 2.38% Southeast Vacancy 2.80% Nisku Vacancy 1.62% Greater Edmonton Industrial Vacancy Rate Q1-2009 2.99%
Greater Edmonton Industrial Vacancy Rate 2.99% 3.17% 1.51% 2.23% 2.66% 4.62% 4.20% 3.70% 4.10% 3.90% 4.90% 5.40% 5.10% 6.30% 7% 6% 5% 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Q1 2009 4% 3% 2% 1% 0%
Greater Edmonton Vacancy Rate by Market Edmonton Proper 3.33% Surrounding Areas 1.49%
Edmonton Proper Industrial New Construction
Edmonton Proper Industrial Absorption
Edmonton Proper Industrial Lease Rates Existing Product New Product
Greater Edmonton Industrial Land Sales
Greater Edmonton Industrial Building Sales
Greater Edmonton Industrial New Developments Northwest Edmonton Golden West Golf Course Site (Qualico Developments) Northwest Business Park (IG Real Estate) NorthPort Business Park (Verus / ING) Hopewell Horizon Business Park (Hopewell Development Corporation) Yellowhead Transport Depot (Remington) Yellowhead Crossing Phase II Fourell Lands (Panattoni) Winfield West (OPUS Building Corporation) Westpoint Corporate Centre (HOOP) Sunwapta Business Park
BIG LAKE Hopewell Beaverbrook Site ST. ALBERT Golden West Redevelopment (Qualico) Gregg Development Site Giffels Business Park (IG) 137 th Avenue St. Albert Trail Horizon Business Park (Hopewell) CN Intermodal Facility Yellowhead Transport Depot (Remington) Northport Industrial Centre (Verus-ING) Fourell Lands (Panattoni) Yellowhead Trail Yellowhead Trail 118 th Avenue PARKLAND COUNTY CITY LIMITS 215 th Street Anthony Henday Drive 184 th Street Yellowhead Crossing II (Bentall) City West South (ING) 170 th Street Winfield West (Opus) Westpoint Corporate Centre (HOOPP) 156 th Street 111 th Avenue Sunwapta Business Park (GE/Dundee) Stony Plain Road
Greater Edmonton Industrial New Developments Southeast Edmonton South Central Business Park (Remington/ GWL) 50 th Street Business Park (GPM) Prospect Business Park (GWL & Remington) Capital Industrial Park Ellerslie Industrial Park Pylypow Development Site CityView Centre (Oxford) QE II Business Park First Park Nisku (First Industrial) Intermodal South Business Park (Verus/Sun Life) Border Business Park
Sherwood Park Freeway 75 th Street 50 th Street 34 th Street 17 th Street Whitemud Drive 82 nd Avenue (Whyte Ave) Argyll Road 86 th Street 50 th Street 34 th Street 17 th Street Anthony Henday Drive STRATHCONA COUNTY CITY LIMITS Prospect Business Park (GWL) Roper Road South Central Business Park (Remington) City View Business Park (Oxford) Commerce South Industrial Park II (Sunlife Financial) Roper Ridge Business Park (Trillium) Pylypow Industrial Centre STRATHCONA COUNTY CITY LIMITS 76 th Avenue 50 th Street Business Park (GPM) Capital Industrial Site Cornerstone Industrial Park (Hopewell) Whitemud Drive
66 th Street 111 th Street Parson s Rd 91 st Street 66 th Street 50 th Street Anthony Henday Drive Anthony Henday Drive Ellerslie Industrial Park 9 th Avenue SW Ellerslie Road Ellerslie Road 9 th Avenue SW 41 st Avenue SW Calgary Trail South Gateway Boulevard 41 st Avenue SW CITY LIMITS CITY LIMITS LEDUC COUNTY CP Rail Intermodal Site Queen Elizabeth II Highway Gateway Business Park (WAM) Future NAIT South Campus Development Lands (Carma) Development Lands (Carma) Development Lands (Carma) Intermodal South Business Park (Verus/Sun Life) LEDUC COUNTY 50 th Street
CITY LIMITS 41 st Avenue SW 41 st Avenue SW CITY LIMITS Ledcor Regent Development Lands (WAM) Finning LEDUC COUNTY Queen Elizabeth II Highway Approved Spine Rd. QEII Business Park (Hopewell) LEDUC COUNTY Development Lands (Remington) NISKU 9 th Street 19 20 th Avenue 625 EDMONTON INTERNATIONAL AIRPORT First Park Nisku (First Industrial)
Greater Edmonton Industrial Forecast 2009
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