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Alberta & Prairies  + Retail  |  September 15, 2025
Photo of entrance to Southgate mall in Edmonton.
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By: Monte Stewart

Edmonton Retail Investment Already Exceeds Full-Year 2024 Volume

Edmonton retail real estate investment has surpassed the full-year 2024 total, says a new report from Avison Young.

In the second quarter of 2025, local year-to-date retail volume of $648 million was $236 million above the total for all of 2024. The surge was largely driven by Primaris REIT’s sale of Southgate shopping centre for $208 million, according to Avison Young.

The Alberta capital continues to lead the country in per-capital retail spending, which is expected to accelerate as interest rates continue to decline, states the report.

Read More News Stories About: Avison Young
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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
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