Industrial and logistics real estate inventory in Canada 2024, by market
Toronto is Canada's largest industrial and logistics real estate market, with nearly half of the country's 1.85 trillion square feet of inventory. In the first quarter of 2024, Toronto had about 822.5 million square feet of industrial and logistics space. Meanwhile, Vancouver, the third state in the ranking had approximately 244.1 million square meters of inventory, the highest average asking rent, and lowest vacancy rate.