Overall, the past year highlighted a growing contrast between Hamilton and the Peel & Halton markets, with Q4 showing availability for both office and industrial space increasing in Hamilton while trending lower across Peel and Halton.
That’s a wrap on 2022. What a year it was. Our team welcomed three new members, we moved to a new office, hosted several events and started up a new newsletter.
In 2018, the owners of 1153 Pioneer Road in Burlington saw a huge demand for Industrial ownership for smaller owners, however, the Burlington market lacked available supply. Rather than building on raw land and going through a very costly and lengthy development process, they decided with the help of Colliers Team Murray & Faldowski to convert the building into a condominium where each unit could be sold separately to the market.
Though coronavirus continued to stall the office market, industrial and land remained strong throughout 2021.
Q3 2021 Oakville, Burlington, Hamilton Market Report including info on Industrial Real Estate, Office Real Estate, Vacant Land, Investment Properties and Construction/Development. Make better Real Estate decisions with expert market intel from our award-winning team.