Ottawa industrial rents keep rising even as vacancies double in Q2: Avison Young

Gateway Industrial Park
Colonnade BridgePort and CanFirst Capital are building up to 900,000 square feet of industrial space near the Amazon warehouse in Barrhaven. File photo

Ottawa’s industrial vacancy rate more than doubled in the second quarter compared with a year earlier as some tenants began moving into newer buildings with smaller footprints, Avison Young says in its latest market report.

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