Industrial demand weakened, and availability jumped as tariff uncertainty slowed the industrial market.
Insight
Canada Industrial Market Dynamics - Q2 2025
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Availability in Canada’s industrial market jumped 50 basis points to 6.1% in Q2 due to both slowing leasing activity and an uptick in space available for sublease. Availability had stabilized at 5.6% for 3 consecutive quarters but with tariff related uncertainty, upward pressure resumed.
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