Industrial markets on both sides of the border are experiencing stable-to-improving fundamentals, with a narrowing spread in vacancy rates between Canada and the U.S. year-over-year. Confidence in anticipated demand is demonstrated by active development pipelines. Volatile energy prices remain an unknown factor going forward, but their impact has yet to be felt – and is expected to be localized in particular markets and industry sectors.
These are some of the key trends noted in Avison Young’s Spring 2015 Canada, U.S. and U.K. Industrial Market Report, released today.
The report covers the industrial markets in 43 Canadian, U.S. and U.K. metropolitan regions: Calgary, Edmonton, Guelph (Southwestern Ontario), Lethbridge, Mississauga, Montreal, Ottawa, Regina, Toronto, Vancouver, Winnipeg, Atlanta, Austin, Boston, Charleston, Charlotte, Chicago, Cleveland, Columbus, OH; Dallas, Denver, Detroit, Fort Lauderdale, Houston, Las Vegas, Long Island, Los Angeles, Miami, New Jersey, Oakland, Orange County, Orlando, Philadelphia, Pittsburgh, Raleigh-Durham, Reno, San Diego County, San Francisco, San Mateo, Tampa, Washington, DC; West Palm Beach and London, U.K.
We trust you will find the report informative and of reading interest. Whether you require vacancy rate and absorption details for your local office, industrial or retail markets, or capitalization rates and sale prices for recent investment properties, we offer up-to-date, reliable data.
