Trivia – November 2018

The right answer is all of the above.

The right answer is Mississauga. The city holds the most industrial inventory in the GTA with approximately 174M SF of supply. Vaughan takes second place with 97M SF, and Brampton trails closely behind in third place with 96M SF.

The right answer is beaver. The beaver was given official status as an emblem of Canada in 1975. King Henry IV of France saw the fur trade as an opportunity to acquire much-needed revenue and to establish a North American empire. Explorers pushed further and further into the North American territories to expand the trade and to enforce France’s (and eventually Britain’s) claim over the land. Therefore, without the beaver, Canada as we know it would not exist.

The right answer is The General Motors in Oshawa. It is the largest single industrial building in the GTA at approximately 12M SF.

The right answer is all of the above.

The right answer is Orlando Corporation. They are Canada’s largest, private real estate developer.  They own, manage and lease over 43M SF of property; of which +/- 37M SF is industrial.

The right answer is Hong Kong. Even though Vancouver has seen the world’s largest jump in industrial real estate lease rates, it is far from the most expensive. Rental rates in the city average around US$7.56 PSF, making Vancouver the 25th most expensive spot worldwide for industrial lease rates. In first place you will find Hong Kong at $30.99 PSF, followed by London at US$22.35 PSF, and then Tokyo at US$19.96 PSF.

As of Q4 2018, Caledon has the most industrial space under construction with 2.3M SF.  Brampton follows in second place with 2.1M SF, Mississauga in third place with 1.7M SF, and Vaughan in fourth place with 1.4M SF.