Industrial markets across Canada continue to generate strong fundamentals with Winnipeg maintaining high demand, healthy absorption and rental rate growth.
- The Winnipeg industrial sector closed 2021 with vacancy rate continuing to trend downward 2.8%, while absorption reached 169,000 square feet.
- The outlook for the Winnipeg industrial market is expected to remain in 2022 as the momentum from recent leasing activity continues from local, national and international companies looking to expand local operations in Winnipeg.