Research
Canada industrial insights - Q4 2021
Canada’s industrial market continues to be red hot in all regions
January 18, 2022
Contributors:
- Chad Piche
- Deborah Saunders
- Justin Share
- Matthew Clark
- Marga Chan
The Canadian Industrial Market ended the year with record setting market conditions. All local markets saw rental rates increase with Montreal, Ottawa, Toronto and Vancouver all registering double digit annual increases. Vacancy rates also declined in all markets, except Montreal, with Toronto and Vancouver sitting below 1% vacancy.