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Toronto Industrial Insight - Q2 2016

Although total leasing volume slowed in the second quarter, the Greater Toronto Area (GTA) industrial market continued its momentum with 1.7M square feet of net absorption in the second quarter despite 1.8M square feet of new construction deliveries over the same period.  

While users and investors alike are willing to purchase well situated buildings at historically high prices, institutional owners remain reluctant to sell given the difficulty of replacing assets in the current tight market. 

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