Toronto’s industrial market seems healthier than recent headlines suggest

Despite the prevailing narrative of a cooling industrial real estate market in Toronto, the city continues to outperform its peers in some key fundamentals. While rental rates are undergoing a correction, this shift follows an unprecedented bull run, one that saw record-breaking growth in both demand and pricing. The current recalibration is less a sign of weakness and more a natural pause after years of extraordinary expansion that was unsustainable.