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Downtown Toronto office leasing nosedives in Q2


Downtown Toronto office leasing nosedives in Q2: Newmark - RENX

Of downtown Toronto's 85 million square feet of office space, 14.6 per cent of it was vacant the report states. That rate is a 24-year high.

Downtown Toronto office leasing nosedives in Q2: Newmark

While there was major office leasing activity in downtown Toronto in Q1 of this year, that momentum evaporated during the next three months ...

Toronto Office Market Report Q2 2024 - Colliers Canada

Over 2 million square feet of office space returned to the GTA market in Q2, mainly split between A and B Class. Despite this, net absorption ...

Downtown Toronto office leasing nosedives in Q2: Newmark

While there was major office leasing activity in downtown Toronto in Q1 of this year, that momentum evaporated during the next three months ...

Office - RENX

Downtown Toronto office leasing nosedives in Q2: Newmark · Steve McLean Commercial Office Toronto / GTA Aug. 30 2024 ...

Downtown Toronto office vacancies exceed suburban areas for the ...

In what might be considered a harbinger of a changing market, the office vacancy rate in downtown Toronto continues to increase, ...

Acquisitions By Private Investors Comprise 82% Of Q2 CRE Activity ...

Downtown Toronto Office Leasing Nosedives In Q2: Newmark - Toronto Commercial Properties. Slowest quarter for leasing in the past decade follo..

Momentum Builds in Canadian Office Market as Sublet Space and ...

Momentum continued to build in the Canadian office market in the second quarter of 2024, with downtown Class A vacancy decreasing for the second consecutive ...

2Q24 - Downtown Toronto Office Market Overview - Newmark

The ongoing flight to quality saw class A rents rise even as vacancy hit a 24-year high of 14.6% at second-quarter 2024. Class A vacancy had stabilized at ~13%.

Toronto's office vacancy rose in Q2, but fell in certain areas: report

Vacancy rates in Toronto's office market rose in the second quarter but fell in certain areas, according to a new report.

Greater Toronto office market report | Q2 2024 - Avison Young

Downtown sublet space as a proportion of total available space vs. 18% in the suburbs. 23% new office building completions across the GTA in Q2 2024. 2.

Momentum building in office market as sublet space and Downtown ...

Trophy series includes top-tier properties in Vancouver, Calgary, Toronto and Montreal. Source: CBRE Research, Q2 2024. Bifurcation between quality and ...

Toronto office rents surge in downtown and midtown | Financial Post

Toronto's office rental market experienced an uptick for the second quarter as asking net rate reached $27.30 per square foot. Read more.