When it comes to office and industrial space, Winnipeg offers quality selection and competitive rates
There is an abundant supply of excellent quality office and industrial space available at a wide range of price points in downtown Winnipeg and the surrounding suburbs.
Winnipeg’s office and industrial rental rates are lower than in most other major Canadian cities. The city’s office market conditions are competitive with other locations in both Canada and the United States in terms of net effective rents, office inventory and the availability of current office space.
Winnipeg also features some of the most affordable industrial land and office rents in Canada. Winnipeg has approximately 30 industrial parks ranging from 27 to 600 acres for a variety of industrial uses, and larger parcels of land available for industrial development.
Virtually all industrial land is within 20 to 30 minutes of the Winnipeg James Armstrong Richardson International Airport, as well as CN Express, CP and CN Intermodal facilities and downtown Winnipeg. Rent of industrial real estate in Winnipeg averages $4.25/square foot for warehouse space (triple net rent). Winnipeg also has ample commercial and office space available. Office space costs average $14.00 per square foot, which includes realty taxes and operating expenses.
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