Regina Industrial Market Report Q3 2019

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Industrial Market Outlook 

Regina’s industrial market has now seen a sustained period of limited activity and rising vacancy rates. Though vacancy rates have declined slowly due to limited new construction over the past two years, Regina’s vacancy rate has nevertheless risen by 21 basis points in the last 12 months. 

Several new property sales have been completed over the last half-year at an average of $171, which is inline with prices over the past 5 years. New larger leases seen in the market tend to represent distribution and logistics firms upgrading their spaces... Read the full report for more.

Vacancy Rates by Market:
- Regina - 4.79%
- Sherwood - 4.50%
- Edenwold - 5.96%


Regina Industrial Market Report Q3 2019

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Pour plus d’informations, veuillez contacter:
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Craig Hennigar

Director, Market Intelligence, Canada

Vancouver

Craig is the Director of Market Intelligence for Canada as well as an associate real estate broker and appraiser with over 25 years of experience in commercial real estate.  His work is focused on providing strategic and transactional assistance to national real estate firms.  With professional experience in real estate research, valuation, development, management, finance, consulting, and portfolio management roles he coordinates both national research as well as client specific projects and includes work with all major asset classes for valuation of both income producing real estate as well as expropriation, development projects.  Craig has worked with clients in the finance, technology, aerospace, and logistical industries as well as real  estate firms and has additional work experience providing ongoing economic knowledge, research, forecasting and review of the Canadian and international environment.

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Robert Porter

Operations Manager | Research Coordinator

Regina

Robert began working for Colliers International in Regina in March 2014 where he provides research services for the Brokerage team. He completed a bachelor’s and master’s degree where he focused on the history of urban development and the Canadian economy.

In his role at Colliers he is responsible for the collection, maintenance and analysis of data for the comprehensive property database. This data helps to provide information and context for commercial properties in Regina and Southern Saskatchewan. This information also allows for the identification of new developments and market trends within the province.  

Working with the brokerage and marketing team, Robert is responsible for the quarterly reports, custom research, statistics and presentations relating to all commercial asset classes. He also assists the brokers directly with site selection and property valuation and analysis. Robert also provides consulting services relating to commercial properties, land and existing and future development in Southern Saskatchewan.

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