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Ottawa Industrial Market Report Q3 2021

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research article

Ottawa's industrial market continues to experience strong demand, particularly from e-commerce and distribution tenants from the other parts of Ontario, Canada and the USA.

  • Overall vacancy rose by 19 basis points (bps) to 1.4%, while availability declined by only 4 bps, down to the near-record low level of 2.3%.
  • Net asking rental rates have reached historically high levels and continue to rise in Ottawa up $0.09 since Q2 2021 to $11.50 per square foot in Q3 2021, representing a growth of 6.1% year-over-year.
  • New industrial projects continue to be proposed inside and outside the urban boundary, especially near the 400-series highways.

Ottawa Industrial Market Report Q3 2021

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Pour plus d’informations, veuillez contacter:

Warren Wilkinson

Managing Director, Sales Representative

Ottawa

Company Experience

 

Warren joined Colliers International in January of 2005 after three years in the Commercial Real Estate business. Equipped with experience in research and marketing, Warren obtained his Real Estate license in 2003, and has been concentrating his efforts on establishing a strong clientele basis while gaining knowledgeable experience from his fellow employees, past & present listings and Tenant Representation mandates.

Prior Experience

 

After an extensive working experience in Sydney, Australia with the Compensation Courts of New South Wales, Warren returned to Canada to begin his career in Commercial Real Estate.

Professional Accomplishments

Described by his peers as an eager, passionate worker, Warren is concentrating his efforts in the field of Industrial leasing. Warren is always looking for new and positive ways to help grow his business while maintaining strong relationships with those clients past and present.

Education

 

Warren is an Ottawa native who obtained his Bachelor of Arts degree in Law from Carleton University in the year 2000.

Affiliations

 

Warren is actively involved in several sports leagues, a hockey coach with Kanata Minor Hockey Association (KMHA) and is a member of BOMA Ottawa.

Notable Transactions

 

Clients who have benefited from Warren’s past efforts include the following; Dymon Capital Corporation, Standard Life Investments, Colonnade Developments, Ontario Realty Corporation, PWGSC, Parkin Architects, Merkburn Realty and Baxtec Mechanical, Healthcare of Ontario Pension Plan, G&K Services and Flexmasters.

 

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