Skip to main content Skip to footer

Regina Industrial Market Report Q1 2021

Download Report
research article

The Regina industrial market is heating up. Warehousing and distribution are key sectors that have profited despite the pandemic. Increases in online shopping have also increased trade activity. With Regina’s ample land inventory and a positive first quarter in provincial goods exports, growing industrial parks have many opportunities to thrive in the coming year.

  • Vacancy has dropped just over 1% from Q1 2020 to 4.2%, showing high demand for industrial space. Regina land inventory is primed to supply additional space.
  • A major caveat is the demand for construction materials that hasn’t been matched by supply chains recently. An increase in residential renovations has created a shortage in materials, the costs for such materials have climbed due to demand and has delayed some commercial developments.
  • One of the major transactions of the first quarter is a sale at the Translink Logistics Centre to Avena Foods at the Global Transportation Hub.

Industrial1024x972

Regina Industrial Market Report Q1 2021

Download Report
For More Information, Please Contact:

Richard Jankowski

Managing Director | Saskatchewan Brokerage

Saskatoon

Richard's focus is on creating and executing growth strategies through business development and service excellence. In this role, he provides leadership and professional development to the Saskatchewan brokerage teams located in Saskatoon and Regina. Richard has extensive experience in various aspects of commercial and industrial development, commercial real estate operations, project and asset management, and human resource administration. He joined Colliers International after prior roles as a General Manager at Viterra, Chief Operating Officer at FarmPure Foods and most recently, as Managing Director at Avison Young.

View Expert