Greater Toronto Area Year-End 2017 Industrial Market

Modern Industrial Space in High Demand, Low Supply

Overall Availability Rate Plummets to New Low

The availability rate in the GTA’s industrial real estate market reached a new low of 2.7% at the end of 3Q17, down from 3.4% at the same time last year. Warehousing and e-Commerce operations continue to generate much of the demand. As retailers fight to compete with the online giants like Amazon, they are increasingly reducing their bricks and mortar presence and using third-party logistics providers to get their products to market. The demand is so strong that some warehouse racking suppliers have reported installations booked out to Q1 of 2021.

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