Cushman & Wakefield Kingston • May 2022
In 2021, the national industrial real estate sector saw accelerated growth due to various market influences (COVID-19 pandemic, consumer demands etc.). Large markets experienced record low vacancy rates and increased absorption rates.
Kingston’s industrial market was no exception to the national 2021 growth trends. Though, Cushman & Wakefield Kingston says that industrial commercial real estate in the Kingston Ontario market has experienced steady growth over a 12-year period.