Winnipeg Industrial Market Report Q4 2019

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research article

The Winnipeg industrial market finished the year by posting strong results from absorption, vacancy, and average asking rental rate standpoint, carrying momentum from 2019 Q3.

  • The market absorbed 363,249 SF of inventory, driven by the Northwest market at 254,885 SF followed by the East and Southwest markets at 75,632 SF and 32,732 SF respectively.
  • Total vacancy decreased to 2.9%, compared to 3.1% in the previous quarter, and represents a 10 bps decrease from a year ago.

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Winnipeg Industrial Market Report Q4 2019

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Dan Chubey

Managing Director

Winnipeg

Dan Chubey is the Managing Director, Winnipeg brokerage responsible for leading the sales advisor team as well as oversees operations, recruitment and strategic business development. Dan played an active role integrating the Colliers Winnipeg office with Colliers International and his focus is on leveraging our strong systems and technology to build for future growth.

Dan joined Colliers International in September 2018 after a 15 year career with global brewing leader ABI where his previous roles saw him as a Director with leadership responsiblity for the commercial business units of British Columbia, Ontario, and Manitoba. His focus was on the development of high performing, engaged teams that grew market share while also prioritizing key financial metrics including top line and EBITDA growth.

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Dan Bushuk

Sales Representative

Winnipeg

Dan is a commercial real estate advisor with the Colliers International Winnipeg Industrial Team, specializing in sale and lease transactions. He’s committed to adding value by combining a strong understanding of the industrial market with a consultative selling strategy focused on understanding client needs and finding solutions that help drive their business.

Since joining Colliers, Dan has leveraged the 70+ years of industry experience the Industrial Team has to  help increase his knowledge of the Winnipeg market while  developing a strong network of investors, users, tenants and landlords. 

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