Commercial Real Estate Statistics
Lethbridge has a ready supply of industrial sites, big box stores, smaller strip malls and office towers in and around the city.
Second quarter data indicates that Lethbridge commercial real estate is even more affordable today than a year ago, with average commercial lease prices just $11 per square foot, down a dramatic 17% from the same period of 2009. Activity in the commercial real estate market continues to grow, with the number of transactions in April to June of this year increasing by 19% year-over-year.
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.
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We would like to recognize the partner organizations that make these statistics a reality:
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