Colliers says Canada office market exits peak vacancy, enters “great stabilization” phase

PUBT · 3d ago
Colliers says Canada office market exits peak vacancy, enters “great stabilization” phase
  • Colliers Q3 2026 snapshot flagged a “stabilization” phase for Canadian offices as most markets move past peak vacancy.
  • Industrial real estate outlook shifted toward specialized facilities, tied to more than $1 trillion in projected public-private defense, infrastructure spending.
  • Greater Toronto office vacancy fell to 10.4% on 860,000 sq ft of positive absorption, led by Class A space.
  • Calgary suburban office vacancy dropped to 12.9%, the first sub-13% reading in more than a decade.
  • Vancouver industrial vacancy held at 2.6%; Montréal fell to 5.2% as tight supply conditions persisted.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Colliers International Group Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202610080800CANADANWCANADAPF_C2473) on October 08, 2026, and is solely responsible for the information contained therein.