Q1 2012 Semi-Annual Waterloo Region Market Reports

Our semi-annual office and industrial market reports are
now available for download.

Highlights from the report include:

• Industrial market continues to show signs of improvement; vacancy drops slightly and average asking rates continue to trend upwards
• Availability of Class A industrial space on the market still very low, nearly 50% of Waterloo Region’s inventory made up of functionally challenged space
• Office vacancy rate drops by 1.02% as average rents continue to climb and absorption this quarter was the highest in three years
• As Breithaupt Block nears completion, some much needed large blocks of Class A space will be brought onto the market