What's in the stars for the North American industrial market?

While the industrial and commercial markets in Alberta have been far from a pretty picture, the North American industrial market as a whole has experienced a record-setting run, registering some of the strongest leasing tallies and tightest market conditions on record.  In particular, the industrial market in the United States, largely due to the huge growth in e-Commerce, has been unstoppable.

Obviously of interest though, is how the Canadian markets have compared to our southern sisters.  In a political and economic environment that does not promote growth or entrepreneurial attitude, it's safe to say that we've fallen behind.  Take a look at the following chart which depicts the forecasted Real GDP Growth rates across North America vs. the rest of the world.  While Mexico and USA are forecasted to grow and stabilize at around 2 - 3% growth each year, Canada is expected to continually decrease after 2017.

If you're interested in learning more about the current state, and more importantly, the future forecasts of the industrial commercial real estate markets in major cities across North America, the full Cushman & Wakefield Report is available via the link below.  Additionally, there are special reports within that highlight infrastructure, autonomous trucking, and cold storage.