Key findings of our most recent GTA Industrial Market Statistics are:
- Availability stays flat at 6.4 %.
- The price reduction of available space continues: average asking net rent decreases during Q3 2009 to $ 4.89 psf representing a decrease of 15% since Q3 2008 and 3% since Q2 2009.
- Industrial construction has virtually stopped.
- The number of industrial building sales decreases by 5.7% since Q3 2008 but increased by 38.3 % since Q2 2009.
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