What the report says
- The availability rate for the Toronto-area industrial market, as CBRE defines it, was 5.0% in the third quarter of 2026, unchanged for a fourth consecutive quarter. CBRE reports availability rather than vacancy.
- Net absorption was 2.0 million square feet in the quarter, the fifth straight quarter of positive absorption, for a year-to-date total of 5.4 million square feet.
- Construction started on 24 buildings totalling 2.2 million square feet during the quarter, 23 of them speculative. CBRE's forecast for new supply in 2026 is 8.4 million square feet.
- Asking rents declined for a 12th consecutive quarter, although the latest decrease was small.
Source
- Organization
- CBRE
- Original
- Toronto Industrial Figures Q3 2026
- Published by the source
- Published here
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