- All markets but Calgary and Edmonton have industrial vacancy rates of 3.2% or below.
- Absorption for the six markets with populations greater than 1M is 4,394,180 SF for Q1.
- Annualized occupancy growth in these markets is 1.06% in the past Quarter and 1.04% for the past twelve months.
- Almost 15M SF are under construction in these markets, less than the 17.2M SF of absorption for the past twelve months.
