Although Saskatoon’s CBD office market has been exhibiting signs of recovery in the first quarter of 2023, there is still a growing trend in specific tenant types and their real-estate needs.
2023 is shaping up to be a strong year for industrial activity in Saskatoon. In the first six (6) months of 2023, 153,000 SF of industrial space completed construction and a further 184,000 SF to complete in July 2023, of which, 65% is pre-leased.
As we enter the second quarter of the year, the necessary process of recalibration and rebalancing across all facets of CRE capital markets took a
Employment rose by 35,000 in March 2023, with the unemployment rate remaining unchanged for the fourth consecutive month at 5.0%. The transportation and warehousing sector
Employment rose by 35,000 in March 2023, with the unemployment rate remaining unchanged for the fourth consecutive month at 5.0%. Office employment sectors such as
Through 2022 and into the first four months of 2023 both the suburban office market and the downtown office market experienced gains in total occupied
Through the last six months the City of Saskatoon’s Central Business District experienced strong leasing activity, the majority of activity has been tenant expansion, new
Through 2022 Saskatchewan enjoyed significant gains in commodity pricing with both wheat and uranium increasing 30% year over year (September 2021 – September 2022), while
Owning a home is a keystone of wealth… both financial affluence and emotional security.
