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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, November 1, 2016

Big box real estate construction centred on GTA says report

Large industrial real estate construction in the Greater Toronto Area has positioned the area as the logistics hub for Eastern Canada, Northeastern US, and parts of Western Canada.

Real estate firm JLL says that no other market has big box construction at the same level with the GTA’s developments having 5 buildings over 500,000 square feet under construction.

The GTA has 68.4 per cent of the 8.3 million square feet of bib box construction currently underway.

"Vacancy rates for existing industrial space continues to decline across the Greater Toronto Area, which has fueled an exceptionally active speculative development market amongst local, national, and international developers. While vacancy rates for new big box distribution centres has increased due to this speculative development, we do not anticipate that newly available space will last long in the market," says Bill Bates, AVP and Co-Practice Lead, Industrial, JLL.

Meanwhile, there is no bog box construction currently in Calgary or the Greater Montreal Area.

MBN

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