North Town Centre – Prime Retail in North Edmonton
97 Street & 137 Avenue, Edmonton, AB Canada
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<p>We surveyed general contractors in 15 markets to provide cost estimates for an in-line store fit out. The guide also examines current construction trends that impact costs and retail market fundamentals. </p>
<p><strong>Highlights include: </strong></p>
<ul>
<li><span style="font-size: 1rem;">Recent tariff policy announcements have already resulted in increased pricing as contractors prepare for higher costs.<br />
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<li><span style="font-size: 1rem;">Rising commodity prices and labor costs are applying upward pressure to overall construction costs. However, price increases are expected to be slower relative to the sharp rise seen in 2022.<br />
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<li><span style="font-size: 1rem;">Project timelines have stabilized, indicating that general contractors (GCs) have become adept at managing extended schedules.<br />
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<li><span style="font-size: 1rem;">Based on C&W’s General Contractor Sentiment Survey, GCs expect to navigate higher costs for both materials and labor in 2025.<br />
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<li><span style="font-size: 1rem;">Softening economic activity has resulted in slower retail leasing and negative absorption.<br />
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<li><span style="font-size: 1rem;">The retail construction pipeline remains constrained; therefore, the recent uptick in the vacancy rate will not change the market balance in the near term.<br />
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<li><span style="font-size: 1rem;">In-line store fit out costs average $155 per square foot (psf) nationally, up 4% year-over-year (YOY). Fit outs are costliest in Northern California, averaging $211 psf, and most cost- effective in the Southeast, averaging $117 psf.</span></li>
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Cushman & Wakefield’s 2025 U.S. Retail Fit Out Cost Guide provides guidance on current construction costs across major U.S. regions and markets.
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2025 U.S. Retail Fit Out Cost Guide
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Cushman & Wakefield’s 2025 U.S. Retail Fit Out Cost Guide provides guidance on current construction costs across major U.S. regions and markets.
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2025 U.S. Retail Fit Out Cost Guide
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15,318 SF
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15,318 SF
OVERVIEW
Explore North Town Centre retail space for lease at 97 Street and 137 Avenue, Edmonton. Anchored by London Drugs, T&T Supermarket, Indigo, and PetSmart, this 236,000 SF centre includes 20,000 SF of professional office space. Units from 662–9,600 SF available with pylon signage, ample parking (900+ stalls), and daily exposure to 80,000 vehicles. Located beside Northgate Transit Centre for unmatched accessibility.
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- Available Space:
- 15,318 SF
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- Contact us for pricing
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