What will the post Covid 19 office look like? By that I mean how will Covid change the workplace and impact the way companies utilize their office space in Toronto? What will be the impact of Covid on the overall demand for office space in Toronto and the occupied [...]
This is a question that I am often asked when I meet someone, and I tell them that I am a commercial real estate agent. The answer really depends on what market we are talking about i.e office , industrial, investment, suburban downtown, etc and from who’s perspective- Landlord , [...]
If you are looking for industrial or warehouse space for lease or sale in the Toronto area you may be wondering what market conditions are like. The basic narrative here is that it is an extremely tight market for space both if you are looking to lease or purchase a [...]
The Commercial real estate market in Toronto has two main subcategories: the office market and the industrial market. The city of Toronto has seen significant employment gains this year adding 50,800 new jobs over the first 2 months of 2019. This employment growth combined with increased demands from technology related [...]
VACANCY RATES With increased confidence from employers and investors, Canada’s largest city is experiencing record-low office vacancy rates at the end of Q4 sitting at just 2.7%. This tight vacancy rate has elevated Class A downtown net rents up almost $2.50 per square foot to $35.37 per sq. ft in [...]
When looking for your ideal office space in the Toronto Area, there are many things to consider. Office space for lease consists of various types of space, including corridors, elevator shafts, common meeting areas, stairways, and lobbies. With the value of space in the market already quite high, it’s essential [...]
As a landlord or tenant involved with commercial space (i.e. office space, industrial space, storefront) for lease in Toronto, the GTA, or Ontario, it is important to have an understanding of the Commercial Tenancies Act. While many of us have personally dealt with the residential side of the act, there [...]
Industrial space for lease in Toronto continues to be extremely sought after, and there is currently a major tightening in the market. To fully understand this change in the market we must look at such things as how sale prices and lease rates have changed, new developments in the area, [...]
The ability to attract and retain highly skilled talent has become integral to the success of many companies and is often a key competitive advantage. Today’s workplace is highly competitive for many types of skilled professionals in the Toronto area. Many executives are wondering how they can use their commercial real [...]
It’s no secret that Toronto is one of North America’s fastest growing tech markets of the moment. This is growth has been possible because of an excellent local labour pool, relative affordability for companies to operate, Canada’s programs to attract talent from all over the world and very competitive costs for commercial real [...]
