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Regina Office Market Report Q4 2020

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research article

The Regina office market has experienced an upward movement in vacancy reaching 14.1% in Q4 2020 from 13.3% last quarter.

  • The average asking net rental rate in Regina dropped slightly from $15.32 PSF to $15.15 PSF this quarter as supply and demand fluctuates with the ever-changing economy.
  • Landlords are also looking to to fill vacancies with inducements such as tenant allowances or rent relief to attract potential tenants looking for a modern space that fulfills new COVID-19 guidelines.

Office Market Report

Regina Office Market Report Q4 2020

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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.

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