Saskatoon Industrial Market Report Q1 2020

Saskatoon's industrial market has remained relatively steady over the past six months. Since the third quarter of 2019, industrial vacancy witnessed a modest increase of 52 bps.

  • Currently 1,554,047 square feet of industrial inventory is available for lease resulting in vacancy increasing to 6.3%.
  • Despite the increase in available space, average asking net rates have held steady and are calculate to be $9.84 per square foot.


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Richard Jankowski

Managing Director | Saskatchewan Brokerage

Saskatoon

As Managing Director of Saskatchewan Brokerage operations, 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 where he spent the past 11 years.

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