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JLL monitors warehouse supply in facilities greater than 100,000 square feet to evaluate leasing market fundamentals. This- when paired with demand requirements- gives an indication of where conditions are heading.
Over 68.4 percent of the 8.3 million square feet of big box development under construction is occurring in the Greater Toronto Area. Five of the developments are for buildings over 500,000 square feet; no other market has a big box building of that size under construction.
Find out how Canada markets compare to one another and where tenants have options.
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