Winnipeg Industrial Market Report (Q2 2021)

Winnipeg Industrial Market Report (Q2 2021) August 30, 2021

Despite a stringent third lockdown during Q2, Winnipeg’s industrial market maintained strength as the trajectory of e-commerce continues to rise and is the dominant contributing factor as warehousing and fulfilment centers continue to dominate development and investment prospects.  Winnipeg’s leasing and sales activity maintains strength, the vacancy rate remains low at 3.9% whereas the national vacancy rate stands at 2.1%.

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