Nobody publishes cold storage market data for Canada with any consistency. Dry industrial reports lump refrigerated product in with everything else, which produces numbers that are not useful for underwriting a cold asset. We publish this because we needed it to exist.

What is in it

  • Cap rate ranges by province and asset quality
  • Lease rate movement and where it is diverging from dry industrial
  • Vacancy and available supply by major market
  • Development pipeline, and how much of it is speculative
  • Notable transactions where terms are public
  • What we are seeing in live deals that has not reached the data yet

Who it is for

Owners, developers, occupiers, and investors testing whether a cold storage project or acquisition works before committing professional fees to it. If you are further along than that, skip the download and call us and we will work through your actual numbers.

How to read it

Ranges reflect our transaction experience and publicly available information. They are directional market guidance, not appraisal evidence, and should be verified before use in a financing decision.

Rather just talk it through?

Send us the parameters and we will give you a considered answer, at no cost.