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City's industrial availability rate to hit 4.4% in 2024 as new inventory floods market: CBRE – Ottawa Business Journal

Ottawa’s industrial availability rate is expected to jump to 4.4 per cent by the end of 2024 from 2.6 per cent last year as new large-bay developments flood the market – but rents will also keep rising due to the ongoing scarcity of small-bay inventory, a new report from CBRE says. In its 2024 Canadian […] Already an Insider? Log in Get Instant Access to This Article Become an Ottawa Business Journal Insider and get immediate access to all of our Insider-only con...
Matt Shackell Eric Whittington Louis Karam National Capital Region Lennard Commercial Realty Montreal Based Rosefellow
Source: obj.ca

Ottawa industrial market shows signs of cooling, report says – but rents keep rising – Ottawa Business Journal

A new report suggests Ottawa’s industrial market “may have reached a peak” after a pandemic-fuelled e-commerce boom triggered unprecedented demand for warehouse space, but it says rents are still expected to rise amid an ongoing supply shortage.
Matt Shackell Avison Young Michael Church Sarah Vandenbelt National Capital Region Lennard Commercial Realty Ottawa
Source: obj.ca

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