New report has good news for Edmonton office vacancies
Edmonton office vacancy rates have dropped for the first time in five years as the region is poised for Canada’s second-fastest economic growth in 2017, a new report from real estate firm CBRE says.
Vacancies were down to 19.7 per cent in summer 2017 from 19.9 per cent in the previous three months, according to the company’s office and industrial stats report released Tuesday.
That’s the first decline since the summer of 2012, when the office vacancy for Edmonton shrank to 9.3
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