Canada industrial insight reports - Q2 2021

Canadian industrial market reaches historic records

August 05, 2021

Canada’s industrial market has again broke new records with a historically low vacancy rate of 2.2% and an all time high average asking rent of $10.19 per s.f. As user demand reaches new highs the construction pipeline has again ramped up with over 32 million s.f. under construction, a 40% increase from this time last year.


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