A recent report shows a slight drop in vacant office space in downtown Edmonton as office vacancy rates remain flat despite the pandemic. Alberta's two main cities topped the list for office vacancies among Canadian cities, with Edmonton just below 20 per cent and Calgary just over 25. But while Edmonton's overall office space vacancy remained about the same since last quarter, its downtown bucked the increasing national trend with a decrease from 19.7 to 19 per cent. Edmonton AM 5:40 Creating a plan for vacancies downtown There's a lot of office space in downtown Edmonton. Market remains 'fairly flat'Suburban office vacancy rates increased by 2.5 per cent while Edmonton's overall rate went up 0.2 per cent.

Source: CBC News October 12, 2020 13:52 UTC