London Office Market Report Q1 2019
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The office market in London, Ontario is comprised of just over 7.7 million square feet of competitive leaseable space with approximately 4.5 million square feet located in the core area.
- Two-thirds is owned by three single landlords; Farhi Holdings, Sifton Properties Limited, and Summit Properties
- Core area rates range from $9.00 to $25.00 per square foot net
- With creative digital businesses continuing to grow in London, there is a steady demand for office space and building amenities suitable to these tenants