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Industrial leasing activity picks up in greater Toronto

Region's vacancy falls to 3% as new supply declines
Industrial real estate giant Prologis owns this 209,948-square-foot distribution building near Toronto at 6170 Edwards Blvd. in Mississauga. (CoStar)
Industrial real estate giant Prologis owns this 209,948-square-foot distribution building near Toronto at 6170 Edwards Blvd. in Mississauga. (CoStar)
CoStar News
April 30, 2026 | 9:08 P.M.

Industrial vacancy in greater Toronto has dropped to 3% as tenants grab more space and developers build less of it.

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