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- The Greater Toronto Area (GTA) industrial market availability remained the same at 0.9%, however activity remains strong and net rental rates continue to climb to record highs, breaking the $15 mark, up 38% over the last year.
avison-young-markets.foleon.com/ca-toronto/gta-industrial-market-report/Avison Young Greater Toronto Area Industrial Market Report
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What do you know about the GTA industrial market?
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Why does Toronto East have a negative net absorption rate?
Jan 17, 2023 · Toronto Industrial Market Report Q4 2022. 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.
The Greater Toronto Area’s (GTA) industrial market remains well poised as record fundamentals continue to elevate to unprecedented levels. The availability rate which held steady at 2.0% for three consecutive quarters saw a 40 bps reduction to its Q1 2020 pre-recession level of 1.6%.
As in Q1 2022, demand for industrial space is still high across the Greater Toronto Area, leading to continued decreases in the amount of total available space on the market. Absorption jumped this quarter to close to 3 million square feet after small but positive gains in Q1 2022, making this the 24th consecutive quarter of positive absorption for
Toronto’s industrial market remains resilient amidst pressure from lingering economic uncertainty. GTA Industrial . Market. GTA FUNDAMENTALS - HISTORICAL ANALYSIS. AVAILABILITY AND DEMAND. The availability rate saw a modest 20 bps increase to 1.2% the highest since Q2 2021. The rate incrased in the West, Central and East
The Greater Toronto Area (GTA) industrial market remains a hotbed of activity, as strong fundamentals carried through the second quarter of 2022, led by high demand and limited supply.
Industrial . Market Report. Q4 2022. Greater Toronto Area. DEMAND AND AVAILABILITY: The GTA continues to be in a low availability environment, recording . an overall 0.9% availability rate and thus remaining below the 1.0% . threshold for the fifth consecutive quarter.
For a second consecutive quarter, Toronto West continues to post average net asking rates above the GT A average, with the GT A’s rental rate now trailing by $0.96 per sq. ft. With an additional 3.8 million sq. ft. completing construction in 04, the GT A 2021 ends the y with approximately 11.5.
