Edmonton Office Real Estate Market
Q1 2026 Edmonton office market reported vacancy rate (Metro) at 17.8%. Avg asking gross rent (all classes) at $32.51/sf and downtown office cap rate (Class A) at 10.4%. Additional indicators included net absorption (YTD) at 23K sf and under construction at 0 sf.
Vacancy, net asking rents, cap rates, absorption, submarket detail and public-REIT exposure across Edmonton, drawn from broker research. Q1 2026 · Updated July 8, 2026.
Sources: CBRE caprates capital markets Q1 2026; Cushman & Wakefield office Q1 2026 · Q1 2026 broker research
Vacancy rate (Metro)
17.8%
1 broker source
Avg asking gross rent (all classes)
$32.51/sf
1 broker source
Net absorption (YTD)
23K sf
1 broker source
Under construction
0 sf
1 broker source
Downtown office cap rate (Class A)
10.4%
1 broker source
Sub-sector detail
Current values shown — the published trailing range is flat, so there is no range comparison to draw
| Submarket | Vacancy | Asking rent ($/sf) |
|---|