07/20/2026
Industrial space is getting tighter again, which could matter for businesses, investors, and communities watching where new supply and commercial activity are headed.
Canada’s commercial real estate market is showing clearer signs of recovery. National office vacancy fell to 13.4 per cent in the second quarter, while industrial vacancy tightened to 3.3 per cent. Much of the office demand is focused on higher-quality downtown buildings with good amenities and tr...