Petrochemical-anchored economy creates a different demand profile than the rest of the region. Vacancy at 4.9% is the highest in the FC operating footprint. Cap rate band of 5.5–6.0% reflects the smaller buyer pool and longer marketing periods typical of Sarnia transactions.
Vacancy and rent reflect purpose-built rental apartments. Cap rate reflects multifamily transactions. This is for informational purposes only and does not constitute investment advice.