Private investors are taking a growing stake in Edmonton’s industrial real estate market, according to a new Avison Young report.

The firm notes that private buyers accounted for 62% during the past year—an increase from 38% over the previous three years and 39% over the past five. At the same time, acquisitions by companies purchasing properties for their own use rose to 33%, compared to 21% and 24% over the same periods, respectively.

Together, private investors and owner-users made up 95% of all industrial transaction volume in the past year, a dramatic rise from 59% over the last three years and 64% over five years. The shift signals a more user-driven market dynamic as investors seek long-term value and businesses secure operational space amid tightening availability, says Avison Young.

The Greater Edmonton industrial vacancy rate declined 0.3 percentage points quarter-over-quarter and 0.5 points year-over-year to 4.2%.

Avison Young reports that tenant demand remains strong and is playing a key role in rebalancing the market toward greater stability.

Image: Courtesy of Avison Young

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