← All briefings
Market Analysis

Market Analysis

Period-specific market outlooks grounded in REIT Stack's published market facts.

search
Market Analysis

GTA industrial is not one market correcting — it is two markets diverging, and the blended rent print hides a modern-product floor that is already in

A tenth consecutive quarterly rent decline, but a decelerating one: brokers put the GTA average net asking rent between $16.30 (Colliers, -6.2% year-over-year) and $16.52 (JLL), with Cushman & Wakefi…

· 5 min
Market Analysis· 4 min read

GTA office has flipped from a demand problem to a supply problem — a dead pipeline hands trophy and Class A landlords a multi-year pricing runway

Rent performance split cleanly by tier this quarter. Cushman & Wakefield's downtown Class A quoted net rent reached $43.20 psf — the first sustained growth since the series flatlined in mid-2020 — wh…

Market Analysis· 3 min read

GTA Industrial is mid-cycle in a supply-led correction — availability will keep climbing through 2024, rent growth has effectively stalled at ~$18.60/psf, and the 14.5 msf speculative pipeline guarantees the pain extends into 2025. We are bearish on near-term fundamentals, constructive on capital values.

GTA industrial weighted average net asking rent climbed to $18.60 psf in Q1 2024, a modest $0.17 quarter-over-quarter and roughly 4% year-over-year increase that Cushman & Wakefield characterized as…