Average Industrial Occupancy and Land Cost by Industrial Area (Q4 2015)
Category Southeast  Northwest Northeast Central
0 - 5,000 sq. ft. $11.00 $11.00 $13.00 $12.00
5001 - 10,000 sq. ft. $10.50 $11.50 $15.00 $10.00
10,001 - 20,000 sq. ft.  $9.50 $10.00 $7.50 $14.50
20,001 - 50,000 sq. ft. $10.00 $9.00 $7.50 $6.50
50,000+ sq. ft.  $10.50 $9.50 N/A N/A
Vacancy (sq. ft.) 1,903,320 2,352,486 47,452 102,482
Serviced Land Cost ($/acre) $800,000 $750,000 $600,000 N/A
Source: AvisonYoung
Note: $ = Canadian dollars

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