New developments continue to break ground, potentially disrupting market conditions

Toronto saw a continued rise in asking rates with a 20% year-overyear climb. This, combined with a very modest vacancy increase, signals strong market fundamentals and a tough market for occupiers. Toronto remains an attractive hub for logistics, ecommerce and warehousing for access to eastern Canada. However, looking past these familiar metrics, a different picture of the industrial market arises.

Read the full report