Greater Toronto Area Industrial Market Report (Q3 2021)

November 24, 2021

The Greater Toronto Area (GTA) industrial market remains resilient, despite challenges in other sectors. This has translated to exceptionally strong leasing and investment activity (and compressed cap rates) as well as increased competition for short-term developable land and infill sites. Rental rates have continued to climb as demand outpaces supply – driving activity and interest in fringe markets surrounding the GTA.

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