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 Securities 43,500 sf KATZ Group 17,000 sf ONE Properties 16,000 sf Kids & Company 9,000 sf Sorrell Financial 5,000 sf

ENBRIDGE CENTRE 10040 – 101A Avenue Building Specifications Total 550,000 sf 25 floors 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

SUBURBAN NEW INVENTORY Allendale Centre East 91 South Professional Centre 67,680 sf 45,000 sf Allendale Edmonton Brewery Professional Building Building 2 65,923 sf 7,401 sf Windermere Gate Plaza Edmonton Brewery Building 6 22,130 sf 9,309 sf Windermere Plaza Building 3 17,303 sf

EDMONTON VACANCY STATS DOWNTOWN SUBURBAN OVERALL 15.3% 14.8% 15.1% Q1 2017 5.4% 6.6% 3.8% Q1 2016 8.7% 11.0% 9.7%

EDMONTON ABSORPTION Q1 2016 – Q1 2017 DOWNTOWN SUBURBAN OVERALL (270,000) sf (380,000) sf (650,000) sf

EDMONTON RENTAL RATES Q1 2016 – Q1 2017 Downtown Financial Downtown Government AAA A B A B $21.25 $16.50 $17.00 $16.00 $36.00 $0.50 $0.50 Suburban A B $22.75 $16.00 $1.00

NATIONAL DOWNTOWN VACANCY STATS Q1 2017 VANCOUVER CALGARY TORONTO MONTREAL EDMONTON 7.2% 23.9% 7.3% 10.3% 15.3% 0.6% 2.8% 0.5 % 6.6 % 1.2% Q1 2016 7.8% 21.1% 6.1% 9.8% 8.7%

STANTEC TOWER 10220 – 103 Avenue Building Specifications Total 650,000 sf 66 floors TENANTS LEASING Stantec 460,000 sf PwC 51,000 sf Dentons 62,000 sf DLA Piper 25,000 sf Restaurant 10,000 sf

ATCO CONSOLIDATION RENEWAL ATCO Centre 1 TOTAL: 285,000 sf VACATING Milner Building 2 3 10405 Jasper Avenue 3 4 1 4 Canadian Western Bank Place 2 TOTAL: 185,000 sf

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

6 2 1 3 4 5 7 5 7 9TRIPLE8 JASPER 1 3 BMO BUILDING HIGHFIELD PLACE MILNER BUILDING 9888 Jasper Avenue 10199 – 101 Street 10010 - 106 Street 10030 -104 Street 2 4 6 ENBRIDGE PLACE HSBC BANK PLACE HSBC BUILDING 10130 – 103 Street 10250 – 101 Street 100055 – 106 Street

WSP PLACE SCOTIA PLACE 10909 Jasper Avenue 10060 Jasper Avenue Redevelopment in progress Redevelopment in progress

VACANCY HEAT MAP Financial District

WHERE DO WE GO FROM HERE? Overall Office Vacancy 25% 20% 15% 10% 5% 0% 1980 1985 1990 1995 2000 2005 2010 2015 2020