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CoStar Insight

Industrial leasing shifts away from manufacturing

Uncertainty on trade with nation's biggest customer stymies sector's expansion
Global fast-fashion retailer Shein signed an industrial lease for 535,000 square feet in January at 400 Anatolian Dr. in Vaughan, reflecting the shift in industrial leasing demand from production-oriented manufacturers toward distribution and consumption-driven users.(CoStar)
Global fast-fashion retailer Shein signed an industrial lease for 535,000 square feet in January at 400 Anatolian Dr. in Vaughan, reflecting the shift in industrial leasing demand from production-oriented manufacturers toward distribution and consumption-driven users.(CoStar)
CoStar Analytics
May 28, 2026 | 12:08 P.M.

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Industrial leasing activity across the Greater Toronto Area over the past two and a half years reflects a clear shift in tenant demand by industry sectors, particularly away from manufacturing.

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