The GTA has seen a Year-over-Year increase of 30% in net rental rates and close to a 40% increase since the beginning of the pandemic.
Peter Garrigan is the Executive Managing Director for the Greater Toronto Area Brokerage and National Industrial Brokerage Lead for Canada.
As Exectuive Managing Director, Peter is responsible for helping the growth of all practice groups including Industrial, Office, Investment, Retail and Debt across Downtown Toronto, Toronto West, Toronto North, Burlington, and Kitchener-Waterloo with their respective Managing Directors.
Peter began his real estate career at Colliers in 2004, growing his network as he took on progressive roles within the organization. As the Senior Managing Director, Industrial Practice Group, Toronto Region, Peter empowered, supported, mentored his 60+ advisors to help foster new opportunities with landlords and tenants while growing revenues +130%. He is a big advocate of the tools and integrated services at Colliers, looking at ways to bring the right people together to achieve success for clients and the business.
Peter is one of Colliers’ greatest ambassadors. He cultivates strong relationships with advisors and leaders in real estate across Canada. He has helped recruit over 150+ advisors through his leadership roles, mentored their careers, while growing the business.
On top of his 18 years of commercial real estate experience, Peter has held two-terms as President for the Society of Industrial and Office Realtors (SIOR) Central Canada Chapter and has developed strong ties to the real estate community both locally and nationally.
Peter focuses on maximizing value and minimizing risk by developing unique solutions to achieve clients’ real estate goals. His ability to create relationships with key tenants and landlords has produced many opportunities for his clients.
Leo Lee is the Director of National Research Operations | Canada and oversees the strategic direction and operations of Colliers Canada Research. He focuses on developing the capabilities of the national research team that leverages Colliers' best-in-class market intelligence and platforms to provide clients with valuable market insights.
Leo joined Colliers International in 2008 and was most recently the Regional Director of Research for Eastern Canada.
He has over 15 years of experience in the real estate market across Canada and New Zealand and draws on his professional experience as a commercial appraiser and real estate consultant.
