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Toronto’s Industrial Market May Lose Position as North America's Fourth-Largest Inventory

Limited Development Hinders Growth Compared to Other Major Markets
Compared to other industrial markets in North America, the Greater Toronto Area faces challenges with less available land for development. Pictured is a recent development at 2200 Yukon Court, in Milton, Ontario. (CoStar)
Compared to other industrial markets in North America, the Greater Toronto Area faces challenges with less available land for development. Pictured is a recent development at 2200 Yukon Court, in Milton, Ontario. (CoStar)
Market Analytics
August 18, 2023 | 7:28 P.M.

The Greater Toronto Area is Canada’s largest industrial real estate market in terms of inventory and ranks fourth in North America behind Chicago, Dallas and Los Angeles. But it faces some challenges.

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