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Saskatoon Industrial Market Report Q1 2022

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research article

As of 2022, we have redefined the Saskatoon industrial submarkets to refine our reporting and provide specific data on the industrial areas relevant to our market.

  • The Saskatoon industrial market continues to perform well for investors and landlords with the vacancy rate declining from 2.7% in Q4 2021 to 2.5% this quarter.
  • Asking net rent has increased 14.2% on a year-over-year comparison.
  • Flex space, or those spaces with an emphasis on office or retail and a smaller warehouse component with low clear height, are staying on the market longer than those better suited for tenants requiring warehousing and distribution space.

Saskatoon Industrial Market Report Q1 2022

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Pour plus d’informations, veuillez contacter:

Richard Jankowski

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.

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Leo Lee

Directeur national Opérations, Recherche | Canada

Toronto West

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