This website is designed to help you discover everything you need to make Lethbridge your top choice to live, learn, invest, visit and do business.
Enhance your website experience and take full advantage of our dynamic content, up-to-date data and interactive mapping tool.
2012 was a year of significant activity in the Lethbridge commercial real estate market. Overall commercial lease and sale transactions have increased, respectively 26% and 6% year-over-year. In fact, with 54 lease transactions, this is the highest number reported since 2007. The cost of leasing office space in Lethbridge is down 16% to $11.97 ft2 on average; with retail rates remaining relatively flat at $11.65 ft2 on average. The cost of leasing industrial space has increased by $0.77 ft2 year-over-year to $8.39 ft2 on average, which can be attributed to lower inventory levels in this type of property. Transactions have encompassed significantly larger properties in 2012, with the size of the average transaction up 62%. The most significant increase has been reported in Industrial properties with the size of the averaged leased site at 17,659 ft2, an increase of 383% from the average transaction size of 3,659 ft2 in 2011. The interface below provides averages of commercial real estate sales and leases for a specific period of time, broken down by size, price and volume. These statistics have been developed to ensure accurate information is available about the commercial real estate market in Lethbridge. Our collaborative and information sharing partnership with the Lethbridge Real Estate Board and Lethbridge-based real estate brokerages is responsible for the availability of this data. Information is reported on a quarterly basis in aggregate form and divided into Sales and Leases.
or Semi-Annual: 2012: January - June July - December 2011: January - June July - December 2010: January - June July - December 2009: January - June July - December 2008: January - June July - December
or Annual: 2012: 2012 Calendar Year 2011: 2011 Calendar Year 2010: 2010 Calendar Year 2009: 2009 Calendar Year 2008: 2008 Calendar Year
We would like to recognize the partner organizations that make these statistics a reality:
Phone: (403) 331-0022 Fax: (403) 331-0202 Toll Free: 1-800-332-1801
E-Mail: info@chooselethbridge.ca
Phone: (403) 331-0022 E-Mail: heather@chooselethbridge.ca
Phone: (403) 331-0022 E-Mail: kerry@chooselethbridge.ca