Pinnacle Commercial · Year-end playbook
October is the last calm month for commercial real estate in Kitchener-Waterloo-Cambridge. CBRE's Q2 2026 numbers make the case for moving now, not in December — three moves before year-end.
Published October 5, 2026 · Based on CBRE Q2 2026 research
01 · Industrial occupiers
Region-wide vacancy is 7.4% and the market absorbed over 205,000 sq ft in Q2 — available space gets taken. Kitchener (7.0% vacancy) is the tightest submarket; Cambridge (8.0%) gives you more negotiating room.
If you need space in the next 6-12 months, the options list should exist before the year-end rush, not during it.
02 · Office tenants
Sublease availability collapsed from 10.7% to 4.3% in one quarter. That overflow space is mostly gone, and with 107,000 sq ft of positive absorption, the remaining quality space goes to tenants who move with terms ready.
03 · Owners
Industrial asking rents sit near $12.95/sq ft net region-wide. Whether you are leasing, selling, or holding, Q3 close-out is the moment to set the number — December negotiates from weakness, October from information.
Buying, selling, or leasing commercial space in KWC or Guelph? Start the conversation at pinnaclekwc.com.
Sources: CBRE Research, Waterloo Region Industrial Figures Q2 2026; CBRE Research, Waterloo Region Office Figures Q2 2026.
This page is market information, not an appraisal, investment recommendation or representation that a specific property will transact at a stated rent, price or cap rate.