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Greater Toronto Area Industrial Market Report Q4 2020

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research article
Par Max Shapinko

For most of 2020, the GTA’s industrial market held steady despite the coronavirus outbreak.

  • The Q4 overall availability rate remained at 1.5%, and average asking net rental rates stayed above $10 PSF.
  • FedEx Express Canada opened a new package sorting facility in Etobicoke. It will have the capacity to run 24 hours a day and can sort up to 20,000 shipments per hour.
  • Remarkable volumes of online retail sales during the 2020 holiday season will likely result in unprecedented levels of online sales returns. There will be a need for space to receive, process, and store these items.

Greater Toronto Area Industrial Market Report Q4 2020

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Pour plus d’informations, veuillez contacter:
Peter Garrigan | Colliers | Toronto West

Peter Garrigan

Managing Director, Industrial Practice Group, Toronto Region

Toronto West

+1 416 620 2854
+1 416 716 6965
Courriel

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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