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Winnipeg Industrial Market Report Q1 2021

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research article

The Winnipeg industrial market started 2021 with the same momentum seen in Q4 2020. Demand for warehouse space and user industrial buildings continues despite the pandemic.

  • Construction costs have experienced upward pressure as demand for raw materials continues to increase.
  • The Northwest net absorption was down 86% compared to the previous quarter with 79,325 SF of inventory absorbed.
  • Demand for quality industrial product in the Southwest continues to remain high and commands a rental rate premium.
  • The East market remained steady for most of 2020 and continues to reflect a decline in vacancy.
  • The underlying fundamentals of the industrial market continue to remain strong.

Winnipeg Industrial Market Report Q1 2021

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Pour plus d’informations, veuillez contacter:

Tom Derrett

Vice President

Winnipeg

Tom joined Colliers in June 2008 after spending 10 years in a number of Sales and Marketing roles with Labatt Breweries. Tom’s experience with this global company allowed him to work in multiple markets across Canada gaining an extensive knowledge of the consultative selling process. Tom looks forward to creating value with his clients by meeting their immediate and future real estate needs.

Since joining Colliers, Tom has worked exclusively in the industrial market where he specializes in the sales and the leasing of user and investment properties along with the sale of land.  Servicing both local and global clients, Tom and his industrial team have completed over 15 million square feet in transactions over the past 10 years.

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Troy Buchanan

Senior Sales Representative

Winnipeg

Troy joined Colliers in June of 2015 after spending a number of years as a Financial Advisor. During his time with the Bank of Nova Scotia he excelled by taking a holistic approach to every client’s needs. This approach allows Troy to understand his clients business and what is important to their success to help them achieve their real estate goals.

Since joining Colliers, Troy has focused exclusively on Industrial sales and leasing. While developing relationships with many of Winnipeg’s largest landlords he has quickly building a network that is made to succeed.
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