Flexible workspace demand in Toronto rose 27 per cent in 2022, while work station rates, occupancy and supply were all also up, according to a new analysis from global workspace innovation firm The Instant Group. Inquiries for flexible workspace in Toronto were up: Sarah Colwell, The Instant Group’s U.K.-based research manager, attributed the large growth in …
Toronto’s flex workspace demand rose rapidly in 2022 Read More »
The great experiment in balancing working from home and returning to the office is still on the drawing board, according to new research about commercial property in Canada. After nearly three years since the first lockdown, more offices are turning to a hybrid work model, with employees dividing their workweek between home and the office, …
Companies rethinking real estate portfolios in light of hybrid work trend Read More »
A proposed mixed-use development in Toronto, currently the site of a flourishing car dealership, may be a harbinger of the city’s postcar future. The project at 1075 Leslie St., near Eglinton Avenue East, features five towers, ranging from 13 to 49 storeys, with 1,846 housing units and commercial and retail space wrapped around a green, …
New Toronto development points to a shift in land and consumer car use Read More »
author: DAVID ISRAELSON originally published here on 7 March 2023 As plans evolve to redevelop the 9.2-acre Canada Square property at the key midtown Toronto intersection of Yonge Street and Eglinton Avenue, chances are whatever gets built is bound to be an improvement. It’s hard to argue that the site is due for an update. …
From a bleak concrete block to an urban promenade, Canada Square set for redevelopment Read More »
This fall, the construction site of a pair of large warehouses near Kingston will look vastly different than a regular building site. Instead of the typical dozen or so workers on site wielding tools to erect the structures, there will be just a few people – working mobile devices that control software to operate an …
Will 3-D-printed buildings alleviate the construction labour shortage? Read More »
Resilience is already a hot topic in the commercial property sector, but planners, designers and builders are discovering that they need to expand their thinking about what it means. “It’s time for all of us to broaden our concept,” said Mary Rowe, president and chief executive officer of the Canadian Urban Institute (CUI). “The conventional …
Hardening is just one way to make buildings resilient, says urban development expert Read More »
The most consequential decision a landlord can make is when to buy property, and when to sell it. If you are sitting on industrial property right now, our opinion is that now is the time to sell. It’s rare that we see a “no-brainer” in commercial real estate, but liquidating your industrial property in 2022 …
Why Now is the Perfect Time to Sell Your Industrial Property Read More »
Real estate is notoriously immune to technology. The basics of real estate — acquire land, build on that land, rent it out for cash flow — have remained unchanged since it first became a thing in the Feudal System, when people still fought wars with swords and shields. But one of the hottest frontiers of …
Your first search for the right commercial property can be intimidating. It’s not like buying or renting a house, that’s for sure! It’s a whole different world, with a whole different set of rules, customs, and expectations. Let’s go back to basics — a successful commercial property transaction starts with knowing what you need. Commercial …
Identifying the Right Commercial Property for You Read More »
To buy or to lease … the eternal question. Deciding whether to buy or lease commercial property to occupy is one of the most impactful decisions you will make for your business. Stumped? Don’t know which way to go? This short guide will help you direct your thinking towards the best option for your commercial …
Is it Better to Buy or Lease Commercial Property for My business? Read More »
“If you want something done right, you had better do it yourself.” We’ve all heard that cliche, but every seasoned business owner knows they can’t do everything. Eventually, you have to delegate and recruit experts to get the job done. But finding commercial real estate to buy or lease is one of the most impactful …
Why Use a Commercial Real Estate Broker for Your Search? Read More »
Your first search for commercial real estate listings can be intimidating. It’s not like buying or renting a house, that’s for sure! It’s a whole different world, with a whole different set of rules, customs, and expectations. Let’s go back to basics — a successful commercial real estate property transaction starts with knowing what you …
Commercial real estate is booming in the greater Toronto area — all across Ontario, really. With light finally, at the end of the long COVID-19 tunnel, it’s time to look at the shape of the market and identify some trends, so we as investors, buyers, and lessors of commercial real estate can plan our next move. Interest …
The Shape of Toronto Commercial Real Estate in 2022 Read More »
The next time you have a check-up, don’t be surprised if your doctor hands you a prescription to walk. Yes, this simple activity that you’ve been doing since you were about a year old is now being touted as “the closest thing we have to a wonder drug,” in the words of Dr. Thomas Frieden, …
Toronto, city, capital of the province of Ontario, southeastern Canada. It is the most populous city in Canada, a multicultural city, and the country’s financial and commercial centre. Its location on the northwestern shore of Lake Ontario, which forms part of the border between Canada and the United States, and its access to Atlantic shipping via the St. Lawrence Seaway and …
Ever have one of those days where you wish you just hadn’t picked up the phone? My client was hard at work when the phone rang. It was the landlord who had rented him the 7,000-square-foot industrial space in Mississauga from which he operated his business. What the landlord had to say nearly made him …