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Market Report

Edmonton Office Market Report

2Q 2026

Government Policy and Growth Drivers
Improve Office Fundamentals

Workplace mandates lift space demand. The Alberta government’s return-to-office mandate is aiding office demand in Edmonton, particularly downtown, where thousands of public-sector employees were required to return full-time in early 2026. This policy shift — impacting roughly 12,000 employees — has increased occupancy and foot traffic, supporting leasing momentum in a government-heavy submarket. While the impact is more pronounced in stabilizing utilization rather than driving large new lease requirements, it has improved sentiment for centrally located space, and it may have spillover effects in the coming quarters. Edmonton’s growing tech sector is also supporting leasing activity. However, these firms generally maintain more flexible workplace strategies, again tempering the extent to which return-to-office policies translate into space expansion.
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