This is a simple parent forum

Why is industrial rent so high? The price of rent is based on the demand for a certain location. If there is a lot of demand for an area, then the rent will be higher because the landlord will be able to charge a higher rent. Given the Industrial market in the GTA is -2% vacancy rates. Landlords could charge whatever they want. (Depending the buiding criterias and locatios.)

When leasing your commercial property, there are many things to consider. Consider selling your property instead of leasing it if it's not in an area with high demand. The value of the building will rise and draw potential investors after securing the ideal tenant and a strong lease.