Four of the seven markets in this group have vacancy rates at or below 2.8%, with Victoria and the Thompson Okanagan markets at 1.5% and 1.6% each. Waterloo has a vacancy rate of 2.7% and Winnipeg has a vacancy of 2.8%.
Halifax has seen a dramatic drop in vacancy from 15.4% to 8.2% in the past year.
Regina has seen an increase in vacancy of 130 basis points to 4.3%, the only market to see an increase in vacancy.
Victoria and Regina have the highest average net asking rental rate of $12.00 and $10.88 per square foot, respectively
National Industrial Dashboard Population Under 1M Q2 2018