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Research

Waterloo Region Industrial Market Report Q3 2017

Waterloo Region Industrial Market Report Q3 2017

Waterloo Region Industrial Market Report Q3 2017
  • Demand for industrial space remains healthy, and primarily focused on owner-occupier purchase opportunities.
  • Pricing is trending up, although buyers and tenants are showing some restraint in negotiations; average lease rates have increased from $4.92/SF to $5.07/SF.
  • Cambridge continues to be the dominant market in the Region with 59% of all transacted space over the last two quarters.
  • Demand for purchase options will continue with an increase in leasing activity and net absorption. 

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For more information, please contact

Karl Innanen

Karl Innanen

Managing Director, Kitchener | Broker
Office:
Dir:
+1 519 904 7005
Mob:
+1 519 241 4151
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