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Research

Toronto Industrial Market Report Q3 2017

Toronto Industrial Market Report Q3 2017

Toronto Industrial Market Report Q3 2017
  • The GTA West market, driven by West-Halton Hills, experienced a -2,200bps decline QoQ, after 1.0 million square feet was absorbed in two buildings alone.
  • An already tight Peel Region is creating increased demand in Halton Region.
  • The shortage of small and mid-bay industrial buildings is expected to intensify, as projected new supply is primarily big box product.
  • Logistics companies absorbed the most product in Q3, as opposed to Manufacturing and Packaging companies who dominated in the previous quarter.

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