The Winnipeg industrial market remains tight in Q2 of 2018.
- The scarcity of modern and functional industrial buildings and slow-to-market new supply are contributing factors creating fewer options for new entrants and current tenants.
- Most tenants are renewing their locations and looking for flexibility from landlords. Investment sales of industrial properties have been brisk as investors realize the potential for profitability by entering Winnipeg’s stable marketplace.
- Serviced land in the Northwest sector has been well received and demand will be spurred on for the foreseeable future.