- Nearly 1.1 million sq. ft. of inventory was returned to market with Q2 representing the first quarter of negative absorption since Q4 2016.

- Lowe’s Canada finalizes long-term lease of 1.2 million sq. ft. distribution centre in High Plains Industrial Park, with construction to commence this summer.

- Landlords are offering additional free rent and/or inducement dollars to help nudge lease deals to completion.