Demand for storage and distribution warehouses continues to rise, creating strong investment opportunities as industrial properties in Toronto and Montreal command some of the fastest-rising prices in the word. Canada’s industrial warehouse vacancy rate holds at a historic low 1.6% (CBRE Group Inc.), continuing to attract record international investment to the market. June saw massive…
A new analysis of the industrial market by RealREIT has revealed that vacancy rates Canada-wide hold below 2% despite ongoing record industrial development David Tweedie, RBC Capital Markets Real Estate Group Managing Director, said, “From a fundamentals perspective, we’re sitting at record national-low availability, double-digit rental rate growth continues in most major markets and [there…
Despite the unsettled economic environment, Q2 closed with historically low vacancy rates and increasing rental net asking rates in the GTA. Industrial leasing markets in the short-to-midterm are projected to remain unchanged, with both new construction and existing space rental rates forecasted to continue increasing – while industrial market sales remain uncertain. Net asking rents…