Central Toronto
Toronto CAN - Industrial Submarket
Industrial real estate intelligence for the Central Toronto submarket. 97.5M SF of inventory with 2.7% vacancy. Data sourced from various MLS platforms.
97.5MSF
Inventory
4.5MSF
Available
2.7%
Vacancy
4.6%
Availability Rate
$15.38
Asking Rent
0.2%
Rent Growth
-513,618SF
12mo Absorption
225KSF
Under Construction
Market Metrics
12mo Delivered
23K SF
Under Constr % of Inv
0.2%%
Sale Price/SF
$258
Cap Rate
4.7%%
12mo Sales Volume
$343,661,913
Sales Vol Growth
17.8%
Asset Value
$25,241,877,326
Net Absorption
-513,618 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Peraton | $46.3M | 195,965 | Buyer 1 Altum Digital Infrastructure | Buyer 2 Igneo Infrastructure Partners |
| PHX01 | $44.3M | 135,160 | Buyer 1 Altum Digital Infrastructure | Buyer 2 Igneo Infrastructure Partners |
| PHX04 | $23.2M | 53,000 | Buyer 1 Altum Digital Infrastructure | Buyer 2 Igneo Infrastructure Partners |
| PHX02 | $7.9M | 24,092 | Buyer 1 Altum Digital Infrastructure | Buyer 2 Igneo Infrastructure Partners |
| 55 Marietta Data Center | $50.0M | 403,000 | RadiusDC |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Four Overlook Point | 863,403 | $21.87 - 26.73 (Est.) | Woodcrest Capital LLC |
| CityPlex Towers 20, 30, & 60 | 350,444 | $14.00 - 19.00 | Oral Roberts University |
| South Building | 610,624 | $5.25 - 15.00 | UNPPG |
| 1300 S 7th St | 17,740 | $5.34 - 15.12 | Vance Kemege |
| Quincy Development Center | 114,000 | $24.00 | Doncaster Investments |
Data Centre Development Potential
Very tight vacancy (2.7%) in Central Toronto indicates strong demand and limited available buildings. New construction may be required for data centre development. Active construction pipeline of 225K SF indicates developer confidence in the submarket. Negative absorption of 514K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Toronto CAN
Evaluating Central Toronto 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.