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Canada Industrial Outlook 2021 Q1
The Canadian economy is now seeing some rebound this year with jobs, vaccine rollouts and federal recovery plans set in motion to boost consumer confidence and a more optimistic perspective. Meanwhile the industrial sector continues to navigate historically low vacancy amid demand surges from a wide variety of industries. See LinkedIn post here.
Demand from the film industry emerges as the industrial market sees strong fundamentals
Lights! Camera! Action! ? The explosion of the film industry migrating to Alberta is diversifying users of industrial space in Calgary. This industry is not alone, with other large user deals continuing our absorption momentum from 2020, and has industrial market posting impressive gains in Q1. #filmindustry #moviestudios #production #industrial #warehouse #distribution #logistics #locationlocationlocation
Action in Film Industry a Big Break for Local Economy
An unexpected, but very welcome, use for industrial warehouses is absorbing former manufacturing space in Calgary. Larmar Properties, represented by Marshall Toner, and a private investment firm, represented by Ryan Haney, have leased, respectively, 109,100 and 87,743 sq.ft. properties to William F. White International, one of Canada’s largest film studio companies for what may become a production hub boom in the prairies. ? -?.-?️ Read about …
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Whether helping our clients lease or purchase industrial spaces, or managing the sale of investment and development properties, we’re committed to finding the hidden gems that other brokerages often overlook.