Vancouver had the highest net absorption of industrial and logistics real estate in Canada in 2023. The net absorption, which measures the amount of space occupied less the amount of space vacated during the year, was close to 4.3 million square meters in Vancouver. This was even higher than in Toronto, which is the market with the most inventory in the country.
Net absorption of industrial and logistics real estate in Canada in 2023, by market
(in 1,000 square feet)
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Colliers International. (January 10, 2024). Net absorption of industrial and logistics real estate in Canada in 2023, by market (in 1,000 square feet) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1394745/industrial-real-estate-absorption-canada-by-market/
Colliers International. "Net absorption of industrial and logistics real estate in Canada in 2023, by market (in 1,000 square feet)." Chart. January 10, 2024. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1394745/industrial-real-estate-absorption-canada-by-market/
Colliers International. (2024). Net absorption of industrial and logistics real estate in Canada in 2023, by market (in 1,000 square feet). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1394745/industrial-real-estate-absorption-canada-by-market/
Colliers International. "Net Absorption of Industrial and Logistics Real Estate in Canada in 2023, by Market (in 1,000 Square Feet)." Statista, Statista Inc., 10 Jan 2024, https://www.statista.com/statistics/1394745/industrial-real-estate-absorption-canada-by-market/
Colliers International, Net absorption of industrial and logistics real estate in Canada in 2023, by market (in 1,000 square feet) Statista, https://www.statista.com/statistics/1394745/industrial-real-estate-absorption-canada-by-market/ (last visited November 24, 2024)
Net absorption of industrial and logistics real estate in Canada in 2023, by market (in 1,000 square feet) [Graph], Colliers International, January 10, 2024. [Online]. Available: https://www.statista.com/statistics/1394745/industrial-real-estate-absorption-canada-by-market/