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Research

GTA Industrial Market Report Q1 2019

GTA Industrial Market Report Q1 2019

GTA Industrial Market Report Q1 2019
  • Q1 2019 concluded with record industrial growth in rental rates, historic low availability and continued sales momentum carrying over from 2018.

  • Industrial rental rates across the GTA increased to $7.85 PSF from $6.41 PSF in Q1 2018 reflecting a 22.5% YoY rental growth.

  • Historic low availability and strong tenant demand will continue to put upward pressure on rents.

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