Figures

Winnipeg Industrial Figures Q4 2025

Winnipeg industrial sector adapting to changing market dynamics

January 22, 2026 5 Minute Read

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‒    Despite a negative figure on the overall net absorption for 2025, Q4 activity rebounded well and should translate into healthy leasing trends moving into 2026.

‒    140,000 sq. ft. of new supply pushed availability rate up quarter-over-quarter yet market remains in healthy positive due to robust tenant activity.

‒    RMs of Rosser and MacDonald are primary submarkets experiencing further industrial development in the fourth quarter with all new supply brought to market in Q4 2025 being in one of those submarkets.

‒    Rental rates show little change from Q3 2025 but positive bump of $0.41 per sq. ft. year-over-year.