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Oct 1, 2024 · CBRE national research managing director Marc Meehan said a gap is emerging between older office buildings, where demand is lagging, and “trophy assets,” which the firm describes as the top...
Oct 2, 2024 · CBRE national research managing director Marc Meehan said a gap is emerging between older office buildings, where demand is lagging, and “trophy assets,” which the firm describes as the top...
Aug 20, 2024 · The overall availability rate of office space has climbed to 20.2%, marking an increase from 19.5% in Q1 2024. At the same time, the market has seen an influx in sublet space, now at 8 million ft2, an increase of 419,000 ft2 from the previous quarter.
- Joanna Gerber
Oct 2, 2024 · The report showed that Toronto took the lead with over 650,000 square feet of positive net absorption, marking a clear demand for office space in both downtown and suburban areas. This...
determined to secure the highest quality space for their businesses may be more motivated to transact. Demand may begin to increase for class A or B spaces as trophy spaces lease up. There is even the possibility that developers may see opportunities for new projects to meet the demand.
Jul 23, 2024 · Toronto Office Availability and Trophy Building Rents Rise, Study Finds. Change in City Policy Could Improve Market, According to Avison Young. A new report suggests the most desirable office...
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Will the demand for a trophy space increase in Toronto?
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Mar 10, 2023 · Sure, the demand for dingy cubicles under fluorescent lighting was crumbling. As for the trophy buildings — the skyscrapers with great views and lush amenities — big companies still wanted to...
