Bermuda
Canada - Ontario (Eastern)
DEMOGRAPHICS
Bermuda
21
64,237
34,110
$67,183 USD
39,457
6.0%
MARKET HIGHLIGHTS
•;141 Front Street, a showcase
building in the City of Hamilton
completed in September 2010,
has been a huge success with
75% occupancy.
•;Vacancy level in secondary
space has increased due to
high level of new space on the
market at affordable prices.
•;Waterloo House, approx 20,000
SF of premier waterfront
property in Hamilton, is on track
with completion expected in
2013; 40% is already preleased.
•;Residential data for 2011 (gov’t
records) is incomplete, but it is
expected that 2011 sales totals
will be similar to 2010 with
average price of property lower.
•;Slowly, more people are looking
to purchase in this market but
with longer transaction times.
DEMOGRAPHICS
Belleville,
Brighton,
Quinte West
372.14 m2
103,468
45,214
$52,803 USD
48,760
6.33%
MARKET HIGHLIGHTS
•;Kellogg’s leased 400,000 SF.
•;Industrial vacancy rates remain
relatively low based on little or
no new construction in the last
3-5 years.
•;Little new construction in the
area.
•;The Residential sector is stable.
•;Vacant Land is starting to sell,
based on the possibility of new
construction.
•;This region is close to the US
markets and central to Ontario
with a stable and affordable
housing market.
Coldwell Banker Commercial
Bermuda Realty
11 Par la Ville Rd.
Hamilton, Bermuda HM HX
(441) 292-1793
www.bermudacommercial.com
CONTACT
•;As an island destination,
foreigners often look to
purchase in Bermuda. It is
expected that government
will soon relax purchasing
requirements for foreigners.
Coldwell Banker Commercial
Ekort Realty
100 Bell Blvd., Suite 200
Belleville, ON K8P 4Y7
(613) 969-9901
CONTACT
OFFICE
RETAIL
OFFICE
RETAIL
Vacancy
P
Vacancy
P
Vacancy
P
Vacancy
N
Absorption
Q
Absorption
Q
Absorption
Q
Absorption
Q
Rental Rates
Q
Rental Rates
Q
Rental Rates
Q
Rental Rates
N
INDUSTRIAL
MULTI-FAMILY
INDUSTRIAL
MULTI-FAMILY
Vacancy
P
Vacancy
N/A
Vacancy
Q
Vacancy
Q
Absorption
Q
Absorption
N/A
Absorption
N
Absorption
P
Rental Rates
Q
Rental Rates
N/A
53 Rental Rates
N
Rental Rates
P
