Wednesday, June 10, 2026
Family Office Briefing on research bySavills·Jan 10, 2024

Toronto Q4 2023 Industrial Market Report

Toronto industrial vacancy increased to 1.5% in Q4 2023 — family offices should consider co-GP opportunities with disciplined operators.

IndustrialQ4 2023

Key Metrics

MetricValue
Vacancy Rate1.5%
Asking Rental Rate17.54$/sf
Net Absorption1.7msf
Under Construction22.8msf
Deliveries2.4msf

Metrics extracted from the source report and independently fact-checked. Method →

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