Mississauga is Canada's seventh most populous municipality. Mississauga covers 288.42 square kilometers of land.

With seven major highways passing through the city, Mississauga offers fast and convenient access to major destinations in Canada and the United States. In addition, most of Toronto Pearson International Airport, Canada's busiest, is located in the city. Mississauga has doubled in population in each of the last two decades. The city is debt-free and has not borrowed money since 1978.

Mississauga is home to more than 18,000 companies ranging from corporate head offices and industrial branch operations to corner store retail businesses, and including 50 of Canada's Fortune 500. Approximately half or 9,000 of theses businesses are in the manufacturing, product distribution or corporate sectors.

The economic stability of Mississauga is enhanced by thousands of small and medium-sized businesses. A large percentage of these employers have fewer than 50 employees.

In Mississauga there is a trend away from traditional manufacturing and towards: light assembly, warehouse distribution, and general services. The strong industries in Mississauga are: pharmaceuticals, electronics, computer, chemical and transportation parts and equipment industries.
mississauga warehouse space

 

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

Mississauga industrial space has about 153 million sq ft. of total inventory. Mississauga industrial space average rent rate is $5.76 and average sale price is $74 per sq ft. Mississauga vacancy rate is around 6%. Demand from end users remains strong and we can expect construction progress in the Mississauga's market. Logistics - distribution sector provides for the majority of demand for large blocks of space. There is a slowdown in the demand for industrial space from manufacturing sector. There are 27 proposed projects in Mississauga that could add additional 2.2million sq.ft to the industrial space inventory in Mississauga.
Mississauga industrial rental rates remain stable with current rent ranging from $5.60 to $6.00 per sq.ft for new space and $4.75 to $5.95 per sq.ft in the existing facilities.

The different types of warehouses include:

While every business is different there are a few common factors that should be taken into consideration when evaluating whether buying a commercial space in Mississauga would be better than continuing to lease commercial space.

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