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Saskatoon Industrial Market Report Q3 2020

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research article

Saskatoon's industrial market has experienced a decrease in vacancy of 90 bps over the past 6 months. The industrial market is now at a competitive state and is believed to remain competitive for the remainder of the year.

  • Currently 1,323,402 square feet of industrial inventory is available for lease resulting in vacancy increasing to 5.4%.
  • Average asking net rates experienced a modest uptick to $10.18 per square foot.

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Saskatoon Industrial Market Report Q3 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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