Saskatoon Industrial Market Report Q1 2019

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  • Positive absorption noted throughout 2018 continues in this quarter
  • The market still favours tenants, however there is a shortage of traditional warehouse inventory
  • New construction over Q4 2018 and Q1 2019 remain low and focused on owner-occupiers rather than speculative investment-driven builds
  • Net rental rates continue to hold steady
  • Several new land developments have been brought to market in outer Saskatoon, notably around Warman and Martensville

Saskatoon Industrial Market Report Q1 2019

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