Northern GGH
Greater Golden Horseshoe CAN - Industrial Submarket
Industrial real estate intelligence for the Northern GGH submarket. 40.1M SF of inventory with 2.5% vacancy. Data sourced from various MLS platforms.
40.1MSF
Inventory
1.5MSF
Available
2.5%
Vacancy
3.7%
Availability Rate
$9.89
Asking Rent
0.9%
Rent Growth
943KSF
12mo Absorption
135KSF
Under Construction
Market Metrics
12mo Delivered
1.3M SF
Under Constr % of Inv
0.3%%
Sale Price/SF
$149
Cap Rate
6.5%%
12mo Sales Volume
$297,781,952
Sales Vol Growth
112.0%
Asset Value
$6,005,175,215
Net Absorption
+943K SF
Data Centre Development Potential
Very tight vacancy (2.5%) in Northern GGH indicates strong demand and limited available buildings. New construction may be required for data centre development. Active construction pipeline of 135K SF indicates developer confidence in the submarket. Positive net absorption of 943K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Greater Golden Horseshoe CAN
Evaluating Northern GGH for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.