Toronto 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.

Toronto Industrial

Toronto Industrial Market Report Q1 2019

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Leo Lee

Regional Director - Research Eastern Canada

Toronto West

Leo is the Regional Director of Research for Eastern Canada and oversees the delivery of Colliers research reports and consultancy services. He plays a key role in the senior leadership and operation of the research business in Canada.  

He joined Colliers International in 2008, most recently as the Research Manager in New Zealand. He draws on his professional experience as a commercial appraiser and real estate consultant to provide valuable market insights and strategic advice for clients and professionals across the Colliers service lines.    

He is committed to addressing the needs of clients who are making real estate decisions by providing business intelligence solutions through leveraging the use of data and technology using Colliers’ platforms.

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Max Shapinko

Research Analyst

Toronto North

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