GTA Industrial Market Report Q3 2019

Key themes this quarter include slower than expected new supply deliveries and landlords showing interest in expanding their footprint in tertiary municipalities.

 

  • Construction delays continue in the GTA, and as a result, new supply in Q3 was 1.7 million SF short of expectations.
  • Vacancy is either 0% or close to 0% in many submarkets and Q3 year-over-year asking net rent growth was in excess of 30%
  • Availability of developable land is decreasing leading developers to move into tertiary markets in the Greater Golden Horseshoe to undertake new projects. 

GTA Industrial Market Report Q3 2019

Pour plus d’informations, veuillez contacter:
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Leo Lee

Senior Market Intelligence Analyst

Toronto West

Leo joined Colliers International in 2008.  He plays a key role in the delivery of Colliers research reports and business intelligence solutions, with a particular focus on the GTA industrial market.  He draws on his professional experience as a commercial appraiser and real estate consultant to provide valuable market insights and strategic advice for both clients and across the Colliers business line.

His expertise includes real estate market research, commercial property valuation, geodemographic spatial analysis, development feasibility, financial modelling and forecasting, and portfolio strategies.  He leverages the use of data visualization and GIS mapping to effectively communicate trends and assist clients in making the best real estate decisions.

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Max Shapinko

Market Intelligence Coordinator

Toronto North

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