London Office Market Report Q1 2019
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