Canada Industrial Insights - Q1 2022
Rental growth rate continues at record pace as Canada's industrial market remains red hot in all regions
- Chad Piche
- Deborah Saunders
- Justin Share
- Matthew Clark
- Marga Chan
The Canadian Industrial Market remains red hot as rental rate growth continues at record pace in several markets. Leading the way was Toronto with a 30.3% year-over-year rate increase, closely followed by Montreal and Vancouver with a 28.8% and 28.7% increases respectively. Meanwhile vacancy in most markets dropped lower, hitting as low as 0.6% in Vancouver.
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Vancouver industrial insights - Q1 2022
Investors scramble for land as demand outstrips supply.
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Montreal industrial insights - Q1 2022
Montreal industrial vacancy rate increased slightly, while rental rates continued to rise.
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Edmonton industrial insights - Q1 2022
Demand for distribution and logistics space continues to drive Edmonton’s heating market.
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Toronto industrial insights - Q1 2022
The construction pipeline ramps up as rental rates in Toronto reach new highs.
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Calgary industrial insights - Q1 2022
Vacancy drops further and land sales dominate Q1.
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Winnipeg industrial insights - Q1 2022
Construction activity ramped back up to meet sustained tenant demand.
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Southwest Ontario industrial insights - Q1 2022
Record low vacancy marks the industrial market in Q1 2022
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Ottawa industrial insights - Q1 2022
Ottawa witnessed its largest transaction in history as market remained hot.
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Saskatchewan industrial insights - Q1 2022
Vacancy reached a new historic low as users and developers look to new construction.
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