07/25/2025
What’s Really Going On in the GTA Industrial Market? Lee Toronto Breaks Down Q2 2025
After a resilient first quarter, Q2 2025 tells a different story. Industrial vacancy is climbing. Rental growth is cooling. Spec builds are hitting the market at full speed.
Lee & Associates Toronto CRE Intelligence unpacks the latest trends shaping the GTA landscape! From slowing tenant demand to cautious investment activity. In a market defined by transition, this Q2 report helps landlords, investors, and occupiers separate signal from noise.
Key Q2 Metrics:
▪️ Vacancy Rate: 4.2%
▪️ Asking Net Rent (PSF): $19.57
▪️ Sale Price (PSF): $361.00
▪️ Cap Rate: 4.7%
▪️ Inventory: 895.3M SF
▪️ Under Construction: 17.5M SF
▪️ 12-Month Net Absorption: -1.14M SF
With net absorption slipping into the red and construction tapering off, now’s the time to reassess your strategy.
Read the full Q2 2025 Toronto Market Report at leetoronto.com for exclusive insights and strategic outlooks.