Canada industrial insight

Rental rates surge in in all markets as the hot industrial market continues

October 26, 2022
  • Chad Piche
  • Deborah Saunders
  • Marga Chan
  • Tristan Scott
  • William Schneider

National rental rates surges almost 25% year-over-year with Montreal and Southwest Ontario leading the with an over 50% and an over 40% increase respectively. Meanwhile sales volume has slowed dramatically across most markets are rising interest rates take their toll on demand.


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Toronto industrial insight

Uncertain economic conditions and a landlord favourable market slows industrial transactions.     
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Calgary industrial insight

As vacancy continued to fall, new construction has become the primary source of user growth.     
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Montreal industrial insight

Asking rental rates continue to set new records, cooling tenant demand. 
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Vancouver industrial insight

While the leasing market boomed, the strata market continued to slow down.     
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Winnipeg industrial insight

Vacancy rates have fallen to an all-time low for the Winnipeg market. 
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Southwest Ontario industrial insight

Vacancy rates remained near historic lows as leasing demand held strong in Q3.     
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Ottawa industrial insight

Ottawa industrial demand remains strong despite a stormy economic outlook.     
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