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Downtown Toronto’s largest office landlords are plagued by a growing problem: too many empty floors. But all buildings are not equal, and a new analysis pulls back the curtain on what’s going ...
The vacancy rate for downtown Toronto office buildings reached a record high at the end of last year as a flood of largely empty space from newly completed projects hit the market. The downtown ...
According to global commercial real estate giant Avison Young’s second-quarter office market report, downtown and midtown markets led the charge on rising rates, while Toronto west held steady and ...
Downtown Toronto’s office hub has become a tenant’s market, as more businesses try to get rid of space, pushing the real cost of rent down even as published rents appear to be holding up.
This highlights the resilience of Toronto’s Financial Core and broader Downtown,” it said. “Significant differentiation in the market for office uses has been observed across all key ...
In recent months, Toronto's transit system has ramped ... of remote and hybrid work and its disruptive impact on downtown office space, related economic activity and patterns of movement ...
The office vacancy rate in downtown Toronto reached its highest point since 1995 as the persistence of remote work damps companies’ need for space in Canada’s most-populous city. The vacancy ...
In total, at present, Amazon controls about 350,000 square feet of office space in downtown Toronto, with some 2,000 corporate employees working across it. And that number just keeps rising.
Discussions around office conversions in Toronto have ramped up in recent years following an uptick in office vacancies in the downtown core. The City of Toronto is also now studying the ...
The vacancy rate for downtown Toronto office buildings reached a record high at the end of last year as a flood of largely empty space from newly completed projects hit the market. The downtown office ...
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