The City of Airdrie completed its first-ever assessment of the overall vacancy rates recently. 

Airdrie Economic Development conducted the study back in July.

The City currently has an overall non-residential vacancy rate of 5.5 per cent. 

Airdrie's overall commercial vacancy rate is a 4.31 per cent, while industrial vacancy is slightly higher at 6.23 per cent. 

According to Kent Rupert With Economic Development, Airdrie has a relatively balanced vacancy rate. 

"Airdrie has traditionally had a low vacancy rate in our industrial and commercial sectors but over the past couple of years with the provincial downturn and continued investment of new builds for commercial and industrial space, we have seen our vacancy rate become more balanced."

The Vacancy study will be conducted annually and be posted online at www.airdrie.ca/realestate

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