Winnipeg Industrial Figures Q1 2022

21 Apr 2022

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  • Robust industrial & logistics demand has compressed the market's availability rate to 2.8%, the lowest recorded rate in Winnipeg.
  • Average net rents in the market continue to soar, approaching $9.00 per sq. ft., with new construction priced at $12.00 to $14.00 per sq. ft.
  • The market's attitude towards speculative builds has begun to shift with new speculative constructions announced.