•Year-end 2017 average asking lease rate elevated to $6.42 per sq. ft., representing an 8.1% year-over-year increase.
•Mississauga, Vaughan, and Brampton are garnering the most construction activity combining for 3.9 million sq. ft. at the end of Q4 2017.
•Approximately 4.6 million sq. ft. of modern warehouse and distribution space is forecasted to be added to the GTA’s inventory in 2018.
•With scarcity of available land in core industrial areas, 2018 might see developers adding more in-fill projects to the GTA’s construction mix.