Panattoni Development Company Canada had a very busy 2019 with many notable milestones and successes.
Our company continued to grow with the creation of new roles and many new hires at both our Toronto and Edmonton offices, and both offices underwent expansions to accommodate the growth. This growth will ensure that we continue to provide top level service to our clients as we continue to expand our portfolio and add to our project pipeline.
In 2019 Panattoni Canada launched its new website (www.panattonicanada.com).
The site has a brand new look and provides visitors with the ability to access information on our company and our available properties with ease. We also launched multiple social media platforms, including LinkedIn, Instagram and Twitter. Through the new website and our social media, we will have the ability to keep the industry up to date with our current projects and availabilities.
2019 proved to be a hot industrial market with record low vacancy rates. This trend is expected to continue in 2020. We anticipate delivering 6 million sq. ft. of new space across the GTA and Edmonton markets in the short term, which will offer tenants high quality space in a supply constrained market. Part of this delivery includes Panattoni breaking ground in new markets.
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