Regina Industrial Market Report Q3 2019

research article

Industrial Market Outlook 

Regina’s industrial market has now seen a sustained period of limited activity and rising vacancy rates. Though vacancy rates have declined slowly due to limited new construction over the past two years, Regina’s vacancy rate has nevertheless risen by 21 basis points in the last 12 months. 

Several new property sales have been completed over the last half-year at an average of $171, which is inline with prices over the past 5 years. New larger leases seen in the market tend to represent distribution and logistics firms upgrading their spaces... Read the full report for more.

Vacancy Rates by Market:
- Regina - 4.79%
- Sherwood - 4.50%
- Edenwold - 5.96%


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Regina Industrial Market Report Q3 2019

For More Information, Please Contact:
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Robert Porter

Operations Manager | Research Coordinator

Regina

Robert began working for Colliers International in Regina in March 2014 where he provides research services for the Brokerage team. He completed a bachelor’s and master’s degree where he focused on the history of urban development and the Canadian economy.

In his role at Colliers he is responsible for the collection, maintenance and analysis of data for the comprehensive property database. This data helps to provide information and context for commercial properties in Regina and Southern Saskatchewan. This information also allows for the identification of new developments and market trends within the province.  

Working with the brokerage and marketing team, Robert is responsible for the quarterly reports, custom research, statistics and presentations relating to all commercial asset classes. He also assists the brokers directly with site selection and property valuation and analysis. Robert also provides consulting services relating to commercial properties, land and existing and future development in Southern Saskatchewan.

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