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Toronto Q3 2025 Industrial Market Report
"Market adjusts further amid continued softening in fundamentals"
We pride ourselves on our in-depth commercial real estate research. Our specialist teams offer insight into current market trends and predictions for the future to help you make the right real estate decisions.
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"Market adjusts further amid continued softening in fundamentals"
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"Asking rents climbed 10.7% year over year, driven by new deliveries with higher face rates that continue to elevate the market average."
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"Slower demand for speculative large distributionspaces contributes to softening market"



"Market increasingly shifts towards tenant-sideddynamic as glut of large-bay space grows"



"Le marché penche de plus en plus du côté des locataires avec trop d’entrepôts grand format"
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"Repricing continues as vacancy rises amidmarket uncertainty"
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"Office market recovery continues despite slowing job growth"
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"Availability tightens in CBD as more companies implement return-to-office mandates"
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"Asking rental rates climbed 10.7% year over year despite vacancy creeping higher. New product with higher face rates are a major contributor to this trend."
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"Leasing activity holds despite decrease in absorption"