Manitoba's Strategic Advantages: Business Development

Facilities, Industrial Sites and Rates



Manitoba has some of the most affordable industrial and office properties in Canada.

 

Industrial properties are available in Winnipeg and many other cities and towns in Manitoba. Winnipeg’s industrial parks are conveniently located near major transport facilities and properties in other Manitoba cities and towns have convenient highway access.

Office space is varied and affordable. Winnipeg’s inventory of office space totals about 8.6 million square feet – from modern class A towers to beautiful historic buildings (vacancy rate of 10.6%).

 

2019 Overall Availability Rates

Winnipeg
Vancouver
Calgary
Toronto
Ottawa
Montreal
Vacancy rates
10.6%
3.8%
24.3%
6.8%
7%
11%


Source: CBRE Limited Canada Third Quarter 2019 statistics

 

2019 Canadian Office Market

Winnipeg
Vancouver
Calgary
Toronto
Ottawa
Montreal
Class A vacancy rate 11.6% 4.2% 19.7% 6.5% 5.2% 10.5%
Average Class A Net Rent (per square foot)
$22.38
$30.22
$17.54
$21.04
$18.11
$19.09


Source: CBRE Limited Canada Third Quarter 2019 statistics

 

2019 Canadian Industrial Market

Winnipeg
Vancouver
Calgary
Toronto
Ottawa
Montreal
Availability rate 3.6% 2.5% 8.7% 1.2% 2.3% 2.8%
Average Net Rent (per square foot) $7.99
$12.94
$7.85
$8.57
$10.59
$6.21


Source: CBRE Limited Canada Third Quarter 2019 statistics

Top of the page