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Research

National Industrial Dashboard Population Under 1M Q1 2018

National Industrial Dashboard Population Under 1M Q1 2018

National Industrial Dashboard Population Under 1M Q1 2018
  • The Waterloo Region, Winnipeg, the Thompson Okanagan Region and Victoria all have industrial vacancy rates of 3.0% or below.
  • Absorption for the seven markets with populations less than 1M is 1,364,800 SF for Q1.
  • Annualized occupancy growth in these markets is 2.74% in the past Quarter and 2.25% for the past twelve months, more than twice that seen for the markets over 1M in population.
  • There are only 753,415 SF under construction in these markets, but the last quarter absorption is almost double that.

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