Strong market fundamentals continue to buoy the Winnipeg office market throughout the first half of 2018.
- The overall vacancy rate for Winnipeg has decreased from 9.00% to 8.60% with the market experiencing 120,342 SF of positive absorption.
- Construction has begun on 900 Lorimer Boulevard, a 57,000 SF office building in southwest Winnipeg, while the first tower of True North Square is nearly complete, which will bring the addition of 365,000 SF of designated office space to Winnipeg’s market place in Q3 of 2018.
