Commercial Real Estate Market Update – Kitchener Waterloo & Cambridge

By on March 4, 2010 in Featured Articles, kitchener waterloo

Busy busy month in Kitchener Waterloo, Ontario and Cambridge – let’s get to the stats!

Monthly/Yearly Stats February 2010

Kitchener-Waterloo:

There were 30 commercial transactions in February, a 150% increase over the 12 transaction done in Feb 2009

Year to date, there have been 54 commercial properties sold in 2010, vs 34 to this point in 2009

In terms of value of those transactions, February 2010 saw $11,538,111 transacted vs $3.27 million in Feb 2009

 

On the supply side, 118 new commercial properties came on the market, including units available for lease. This is a contraction of 13% from last February, when 137 units came on the market.

For specific questions about the market, and what properties in your area are trading at, email me at Benjamin@BenjaminBach.com or call me at 519-772-4376

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