Q3 industrial market remains strong with steady demand for logistics centres
It’s getting easier for businesses to find industrial properties than it was two years ago, but demand is still relatively high in factory land in hot spots such as the Greater Toronto Area, Vancouver and Calgary.
If you’re a builder or owner of industrial space, the party’s not over; it’s just getting quieter. Market reports for the third quarter of 2023 show that demand for industrial property such as warehouse and logistics centres is slowing, but the boost in availability is still not enough to catch up to typical vacancy rates of a few years ago.
Categories
Recent Posts
Canada's tallest skyscraper is now 100 storeys. This is the view from the SkyTower
Vancouver rental builders, facing slowing demand, say government support needed
Calgary townhouse by the river a buyer’s top pick
The houses you can buy for $680,000 across Canada, the Home of the Week and more top real estate stories
Mount Pleasant condo sells for less than price paid 19 months ago
Home of the Week: A ‘normal’ house that holds a few secrets
Jilted buyer returns with slightly modified bid to take Pickering house
Network looks to tap into philanthropy to boost funding for affordable housing
Prince Harry to speak at a Toronto real estate conference next month
Buyer trims price of condo a short stroll to Woodbine Beach
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "