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Research

Regina Industrial Market Report Q1 2019

Regina Industrial Market Report Q1 2019

Regina Industrial Market Report Q1 2019
  • At the end of the first quarter of 2019, Regina saw a mild decrease in vacancy.
  • Projects will largely be dependent on having tenants or users secured prior to commencement of construction
  • RM locations remain a viable alternative.
  • The vacancy rate now stands at 4.55%, a negligible difference from 4.62% which largely represents organic changes in the market as opposed to significant industrial user adjustments.
  • Regina currently has 851,461 vacant square feet which creates a vacancy rate of 4.55%, a historically high number for Regina.
  • Regina’s industrial market will continue to operate on its current course with increasing pressure on vacancy and rates. 


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For more information, please contact

Richard Jankowski

Richard Jankowski

Managing Director | Saskatchewan Brokerage
Office:
Dir:
+1 306 664 1644
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