ECONOMIC DEVELOPMENT Winnipeg

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					WINNIPEG OFFICE RENTAL RATES


Winnipeg Office Rental Rates – June 2010



Downtown

              Class A:          Net Annual Lease Rates:              $14.00 to $18.00 sq. ft.
                                Real Estate Tax / Operating Costs:   $11.73 to $16.00 sq. ft.
                                Vacancy Rate:                                         2.4%

              Class B:          Net Annual Lease Rates:              $11.00 to $20.00 sq. ft.
                                Real Estate Tax / Operating Costs:    $9.50 to $15.08 sq. ft.
                                Vacancy Rate:                                         7.1%



Suburban

              Class A:          Net Annual Lease Rates:              $12.00 to $12.50 sq. ft.
                                Real Estate Tax / Operating Costs:    $9.57 to $11.06 sq. ft.
                                Vacancy Rate:                                         8.0%

              Class B:          Net Annual Lease Rates:              $12.00 to $16.50 sq. ft.
                                Real Estate Tax / Operating Costs:     $3.13 to $9.00 sq. ft.
                                Vacancy Rate:                                        15.8%




Source: The Johnson Report – June 2010                                                          H060

				
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