Allen Mayer Commercial Division
ALLEN MAYER   | Broker |
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News

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Jul 20, 2010
Category: General
The Bank of Canada raised its key interest rate
Jul 13, 2010
Category: General
Average vacancy rate for U.S. central business districts has declined for the first time since 2007.
Jun 22, 2010
Category: General

In May 2010, TREB Commercial Members reported 472,278 square feet of leased space – a 27 per cent decline from the 644,130 square foot figure recorded in May 2009.

 

 

Brampton Industrial Real Estate

Brampton Ontario Commercial Space

Brampton is Canada's 13th most populated city and has the 10th most active industrial market.

Brampton is known for it's low property taxes and in turn offers lease rates that is affordable to everyone. In terms of working in Brampton, there is currently over 7,000 businesses which employ over 115 000 employees. Located off both Highways 401 and 410, Thereby providing accessibility to the City of Toronto.

Pearson International Airport is about a 10 minute drive down Highway 407 and across Highway 401. The accessibility to the airport makes Brampton a popular spot for people who travel a lot with their work. Brampton has an extensive public transportation system that is sure to get everyone to where they want go.

Brampton Warehouse Space is one of the most affordable areas in the Greater Toronto Area or Toronto GTA.

Greater Toronto Area WEST - including Brampton, Burlington, Milton, Mississauga and Oakville has total inventory of industrial space at about 300 million sq ft.

Brampton industrial space has about 80 million sq ft. of total inventory. Brampton industrial space average rent rate is $5.25 and average sale price is $84 per sq ft. Land prices are at new highs as sites with outside storage have reached $800,00 per acre price. Sale activity are higher than the Brampton's industrial space leasing activities. Low vacancy and steady demand forecast stability in Brampton's industrial real estate market.

Many businesses reach a point in which they are curious as to whether it would be beneficial for them to purchase a brampton industrial building rather than continue to lease space. While every business is different there are a few common factors that should be taken into consideration when evaluating whether buying a building space in Brampton would be better than continuing to lease space. Please contact me for more details.

Do you need Brampton commercial space or Brampton warehouse space?

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