By: Evan Duggan
May 22, 2024
Brent Sawchyn has noticed a familiar trend re-emerging after roughly eight years developing the IntraUrban brand of strata industrial buildings in B.C.
Sawchyn, CEO of Vancouver-based PC Urban, is seeing the market lean back towards owners and occupiers buying more space than investors and often preferring simpler, more conventional industrial spaces.
“Whether it’s industrial (space), or buying a car, buying a home, shopping on Amazon or whatever.. people are being a little bit more cautious about their purchases,” Sawchyn told RENX in a recent interview. “I think that’s been reflected particularly in the industrial space market.”