SLIDE 1
NEW SUPPLY PAST 12 MONTHS DOWNTOWN SUBURBAN OVERALL 1,160,000 sf - - PowerPoint PPT Presentation
NEW SUPPLY PAST 12 MONTHS DOWNTOWN SUBURBAN OVERALL 1,160,000 sf - - PowerPoint PPT Presentation
NEW SUPPLY PAST 12 MONTHS DOWNTOWN SUBURBAN OVERALL 1,160,000 sf 235,000 sf 1,395,000 sf EDMONTON TOWER 10111 104 Avenue Building Specifications Total 610,000 sf 27 floors TENANTS LEASING City of Edmonton 414,000 sf RBC Dominion
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NEW SUPPLY PAST 12 MONTHS
DOWNTOWN SUBURBAN OVERALL
1,160,000 sf 235,000 sf 1,395,000 sf
SLIDE 4
EDMONTON TOWER
10111 – 104 Avenue
Building Specifications Total 27 floors
610,000 sf
TENANTS LEASING City of Edmonton 414,000 sf RBC Dominion Securities 43,500 sf KATZ Group 17,000 sf ONE Properties 16,000 sf Kids & Company 9,000 sf Sorrell Financial 5,000 sf
SLIDE 5
ENBRIDGE CENTRE
10040 – 101A Avenue
Building Specifications Total 25 floors
550,000 sf
TENANTS LEASING Enbridge 295,000 sf Parlee McLaws LLP 45,000 sf Field Law 44,000 sf KPMG 43,000 sf Bank of Montreal 23,000 sf National Bank Financial 12,000 sf Pangman 6,000 sf Hines 5,000 sf
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SUBURBAN NEW INVENTORY
Allendale Centre East
67,680 sf
Allendale Professional Building
65,923 sf
Windermere Gate Plaza
22,130 sf
91 South Professional Centre
45,000 sf
Edmonton Brewery Building 2
7,401 sf
Edmonton Brewery Building 6 9,309 sf Windermere Plaza Building 3
17,303 sf
SLIDE 7
EDMONTON VACANCY STATS
Q1 2017 14.8% 15.1% 15.3% Q1 2016 11.0% 9.7% 8.7%
3.8% 6.6% 5.4% DOWNTOWN SUBURBAN OVERALL
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EDMONTON ABSORPTION Q1 2016 – Q1 2017
(270,000) sf
DOWNTOWN
(380,000) sf
SUBURBAN
(650,000) sf
OVERALL
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EDMONTON RENTAL RATES Q1 2016 – Q1 2017
AAA A B $36.00 $21.25 $16.50 $0.50 Downtown Government A B $17.00 $16.00 $0.50 B Suburban A $22.75 $16.00 $1.00 Downtown Financial
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NATIONAL DOWNTOWN VACANCY STATS
Q1 2017 Q1 2016
7.2% 7.8%
0.6%
VANCOUVER
23.9% 21.1%
2.8%
CALGARY
7.3% 6.1%
TORONTO
10.3% 9.8%
MONTREAL
15.3% 8.7%
6.6%
EDMONTON
1.2% 0.5%
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STANTEC TOWER
10220 – 103 Avenue
Building Specifications Total 66 floors
650,000 sf
TENANTS LEASING Stantec 460,000 sf PwC 51,000 sf Dentons 62,000 sf DLA Piper 25,000 sf Restaurant 10,000 sf
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2
Milner Building
ATCO CONSOLIDATION
ATCO Centre TOTAL: 285,000 sf
1 3
10405 Jasper Avenue
4
Canadian Western Bank Place
RENEWAL VACATING
2 3 4 1
TOTAL: 185,000 sf
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VILLAGE AT BLACKMUD CREEK
SW Corner of Ellerslie Rd & QEII Highway
Building Specifications Total 3 floors
54,000 sf
TENANTS LEASING RBC Dominion Securities 18,000 sf
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HSBC BUILDING 100055 – 106 Street ENBRIDGE PLACE 10130 – 103 Street HSBC BANK PLACE 10250 – 101 Street BMO BUILDING 10199 – 101 Street 9TRIPLE8 JASPER 9888 Jasper Avenue MILNER BUILDING 10030 -104 Street HIGHFIELD PLACE 10010 - 106 Street
1 2 3 4 6 5 7 2 1 4 3 6 5 7
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Redevelopment in progress
WSP PLACE
10909 Jasper Avenue
Redevelopment in progress
SCOTIA PLACE
10060 Jasper Avenue
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VACANCY HEAT MAP Financial District
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WHERE DO WE GO FROM HERE?
0% 5% 10% 15% 20% 25% 1980 1985 1990 1995 2000 2005 2010 2015 2020
Overall Office Vacancy
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