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Research

Toronto Office Market Report Q2 2017

Toronto Office Market Report Q2 2017

Toronto Office Market Report Q2 2017

The Greater Toronto Area (GTA) saw the addition of nearly 1 million square feet this quarter, with the completion of 100 Adelaide Street West

  • Both vacancy and availability rates remained relatively steady quarter over quarter
  • The GTA experienced 885,765 square feet of positive absorption
  • The Region’s Investment Market had over $1.4 billion of deal volume, almost 90 percent greater than in Q1
  • Average asking gross rental rates increased by $1.00 from the previous quarter

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