Western GGH
Greater Golden Horseshoe CAN - Industrial Submarket
Industrial real estate intelligence for the Western GGH submarket. 135.5M SF of inventory with 4.7% vacancy. Data sourced from various MLS platforms.
135.5MSF
Inventory
8.9MSF
Available
4.7%
Vacancy
6.5%
Availability Rate
$10.44
Asking Rent
0.8%
Rent Growth
1.7MSF
12mo Absorption
1.5MSF
Under Construction
Market Metrics
12mo Delivered
1.4M SF
Under Constr % of Inv
1.1%%
Sale Price/SF
$143
Cap Rate
6.4%%
12mo Sales Volume
$395,222,332
Sales Vol Growth
-8.1%
Asset Value
$19,536,147,002
Net Absorption
+1.7M SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| 201 Centennial Ave | $11.0M | 64,698 | Chirisa Technology Parks |
| EWR2 | $16.0M | 49,355 | DataBank |
| Johnston Data Center (Corp 7) | $3.4M | 32,724 | Registered Agents Inc. |
| 10740 Aurora Ave | $4.9M | 10,608 | Skogman Companies |
| Piscataway 1 | - | 400,000 | Blackstone Inc. |
Data Centre Development Potential
Moderate vacancy (4.7%) in Western GGH suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 1.5M SF indicates developer confidence in the submarket. Positive net absorption of 1.7M SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Greater Golden Horseshoe CAN
Evaluating Western 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.