The industrial market showed a continued strong level of demand to close out 2021, with the region reaching another historic low vacancy rate of 0.7%.
- Waterloo Region and the surrounding markets of Brantford and Guelph have remained one of the tightest industrial markets in Canada.
- Supply is not keeping up with demand, especially as we see a spillover effect of tenants and buyers coming from the overheated GTA market.
