Toronto’s Downtown Office Vacancy Rate Climbs to Over 7% in Q4
byWhile the national office vacancy rate hit 13.4%, a high last seen in 2004.
While the national office vacancy rate hit 13.4%, a high last seen in 2004.
Same, same… but different.
The pandemic can’t keep corporate real estate down. But it might change it.
Across two towers.
The neighbouring properties are also part of the deal.
Creating hundreds of construction jobs and new partnerships with Canadian technology companies.
Q1 seemed to mostly escape COVID.
Carttera recently leased Google its massive new office space on King East.
They will also be opening new offices in Waterloo and Montreal.
Canada is running out of space for commercial real estate, but Toronto is feeling it the most. Toronto is actually the most constrained industrial…