“Greater Toronto Commercial REALTORS® Report October Commercial Figures”
Toronto Real Estate Board Commercial Division Members reported a combined 445,501 square feet of leased industrial, commercial and office space through the TorontoMLS® system in October 2011 – down by a third compared to October 2010. Of the total space leased, industrial property types accounted for 371,755 square feet – down 31 per cent compared to October 2010.
The average lease rate for industrial space in October 2011 was $4.40 per square foot net – 15 per cent lower compared to Oct....