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IB FUTURE OF WORK Continued from page 8 mand dictates." McFadden a cording to Colliers Q4 Market Report for Water- loo Region, the industrial leasing market remained very strong at the end of 2022, while the investment market had taken a hit. to rising interest rates, ‘the number of trans- actions in Q4 2022 com- pared to Q4 2021 decreased. by 50 per cent. However, the average sale price per square foot increased by nearly 60 per cent year over year. “The number of poten- tal elie in the marketis smaller than what it was a year ago, but those whe remain active to pay afair areaket price for industrial assets," the report states. Industi vacancy rates are still quite low across the board in Water- loo Region at 0.3 per cent overall. Sainsbury said the city City of Waterloo photo Aconceptual image of Platinum Drive and Generation Park that will be used in marketing. will establish a landing page for Generation Park on its website so that peo- ple and potential investors be able to track devel- opment. Net proceeds of land sales will be allocated to the city's industrial land account reserve to offset costs already incurred. The West Side Lands por- tion of the reserve sat at a deficit of more than million at the end of 2021, which is anticipated to in- crease before being fully recovered. "Planning for the dog park is underway and we WE NEED TO LOOK AFTER THE. Sonia, Ontario Parent ep la MORE. Catholic Teachers expect it to be open as early as summer/fall of 2024," McFadden noted. STORY BEHIND THE STORY: Torstar and Met- roland media outlets are producing a series called the Future of Work and the Waterloo Chronicle learned more about the city's west side employment lands that go to market this spring. iO; [HH] scan tuts cove Steet to read more Future of Work content. TO OUR UPCOMING WEBINAR How to navigate today’s top five philip Petursson, Chief Investment Strategist and Christine Van Cauwenberghe, Head of Financial Planning Thursday, February 23, 2023 * 2pm Contact Shari Foster for your registration link: shari.foster@ig.ca retirement challenges. Host, Melissa Leong imlarelareirelme)lalaliare me leluaey Investors Group Financial Services Inc. €202 ‘} Atenigay ‘epsinyy | @fojucayg oopereM | G BD'9]D[UOIYDOOHE}EM,