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.