The vacancy rate of big-box industrial and logistics real estate in Toronto, Canada, increased in 2023, after remaining steady for three years in a row. In the fourth quarter of the year, approximately 1.3 percent of big-box real estate was vacant. Toronto is Canada's largest industrial and logistics real estate market, with nearly half of the country's 1.7 trillion square feet of inventory. Big-box refers to large industrial buildings used for distribution.
Vacancy rate of big-box distribution centers in Toronto, Canada from 2009 to 2023
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Colliers International. (January 10, 2024). Vacancy rate of big-box distribution centers in Toronto, Canada from 2009 to 2023 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/757307/vacancy-rate-of-big-box-buildings-toronto-canada/
Colliers International. "Vacancy rate of big-box distribution centers in Toronto, Canada from 2009 to 2023." Chart. January 10, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/757307/vacancy-rate-of-big-box-buildings-toronto-canada/
Colliers International. (2024). Vacancy rate of big-box distribution centers in Toronto, Canada from 2009 to 2023. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/757307/vacancy-rate-of-big-box-buildings-toronto-canada/
Colliers International. "Vacancy Rate of Big-box Distribution Centers in Toronto, Canada from 2009 to 2023." Statista, Statista Inc., 10 Jan 2024, https://www.statista.com/statistics/757307/vacancy-rate-of-big-box-buildings-toronto-canada/
Colliers International, Vacancy rate of big-box distribution centers in Toronto, Canada from 2009 to 2023 Statista, https://www.statista.com/statistics/757307/vacancy-rate-of-big-box-buildings-toronto-canada/ (last visited December 19, 2024)
Vacancy rate of big-box distribution centers in Toronto, Canada from 2009 to 2023 [Graph], Colliers International, January 10, 2024. [Online]. Available: https://www.statista.com/statistics/757307/vacancy-rate-of-big-box-buildings-toronto-canada/