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Winnipeg Industrial Market Report Q1 2022

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research article

Winnipeg’s industrial market started 2022 on a strong note. There was over 380,000 square feet of positive absorption, the third-largest amount in the past sixteen quarters.

  • The industrial average asking net rental rates increased to a new all-time high of $8.33 per square foot, shattering the previously set record of $8.02 from Q3 2021.

  •  As the industrial vacancy rate continues to decrease and average asking net rents continue to increase, new development also continues to be quickly absorbed at rates transacted well above the market average.

  • The City of Winnipeg’s commitment in their recent budget to servicing Centreport South is a positive sign for increased development in the area and to continue to fuel the positive demand for the new, amenity-rich product in the Greater Winnipeg Area.


Winnipeg Industrial Market Report Q1 2022

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Pour plus d’informations, veuillez contacter:

Dan Chubey

Managing Director | Winnipeg Brokerage


Dan Chubey is the Managing Director, Winnipeg brokerage responsible for leading the sales advisor team as well as oversees operations, recruitment and strategic business development. Dan played an active role integrating the Colliers Winnipeg office with Colliers International and his focus is on leveraging our strong systems and technology to build for future growth.

Dan joined Colliers International in September 2018 after a 15 year career with global brewing leader ABI where his previous roles saw him as a Director with leadership responsiblity for the commercial business units of British Columbia, Ontario, and Manitoba. Recognized on numerous occassions as a top performer, his focus was on the development of high performing teams that grew market share while also prioritizing key financial metrics including top line and EBITDA growth.

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Leo Lee

Directeur national Opérations, Recherche | Canada

Toronto West

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