GTA Industrial Market Report Q1 2019

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Key Trends 

  • 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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GTA Industrial Market Report Q1 2019

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For More Information, Please Contact:

Leo Lee

Director, National Research Operations | Canada

Toronto West

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 10 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.

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Max Shapinko

Research Analyst

Toronto North

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