Over the course of the past 6 months, Regina's office market has experienced an increase in vacancy which has resulted in significant negative absorption. As a result of the increase in available space, the asking lease rates have experienced a downward pressure. Despite the on-going pandemic that caused many office users to work from home, the full extent of the fallout of this crisis is still to be determined.
Regina Office Market Report Q2 2020
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Managing Director | Saskatchewan Brokerage
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.