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Toronto Industrial Market Report Q4 2022

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research article

The final quarter of 2022 has seen soaring absorption and a record-high amount of new supply, with over 90% pre-leased.

  • While rental rates experienced modest growth this quarter, the industrial sales price saw a 5% decrease from the previous quarter.
  • Despite the significant volume of new supply which came to market, availability remained under 1% due to substantial pre-leasing.
  • With interest rates continuing to rise, the number of buyers on both the institutional and user side is shrinking.


Toronto Industrial Market Report Q4 2022

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Pour plus d’informations, veuillez contacter:

Peter Garrigan

Managing Director, Industrial Practice Group, Toronto Region

Toronto West

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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Adam Jacobs

Head of Research | Canada

Toronto Downtown

Colliers Canada's head of research, leading a cross-country team of 20 mapping, analytics and research professionals. Formerly head of Canada research at Cushman Wakefield and Director of Analytics at Oxford Properties. Featured in mainstream publications such as the Toronto Star, industry publications and podcasts. Specializing in the big picture and the fundamentals driving real estate - demographics, the macro environment and the global economy. 

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