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Greater Toronto Area Industrial Market Report Q3 2020

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research article

After a brief pause in activity in Q2 2020, the GTA’s industrial market has bounced back quickly in Q3.

  • Industrial asking net rents are now higher than pre-COVID-19 levels, reaching over $10 PSF.
  • Demand for industrial space remains buoyant, with property and industrial land values following suit.
  • Companies that specialize in food, 3PL, and e-commerce continue to thrive amidst current market conditions, driving the demand for space.

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Greater Toronto Area Industrial Market Report Q3 2020

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For More Information, Please Contact:

Peter Garrigan

Senior Managing Director, Industrial | Greater Toronto Area

Toronto West

Peter is committed to accelerating the success of clients by leveraging market knowledge to forge new paths in the industrial Real Estate industry and create connections between landlords and investors and landlords and tenants.  Peter focuses on maximizing value and minimizing risk by developing unique solutions to achieve clients’ real estate goals.

Peter has maximized returns and minimized risk for many large landlords by effectively targeting and securing key tenants.  His strong personable character has enabled him to develop a network of business owners/tenants within the GTA.

Peter’s ability to create relationships with key tenants and landlords has produced many opportunities for his clients.

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