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GTA Industrial Market Report Q3 2019

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research article

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

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Pour plus d’informations, veuillez contacter:

Leo Lee

Directeur national Opérations, Recherche | Canada

Toronto West

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Max Shapinko

Research Operations Specialist | Canada

Toronto North

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