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With the rise of A.I. and hybrid work, there were concerns that demand for office space would weaken. In reality, return to office policies and a growing corporate footprint for some of the country's biggest companies has led to increased demand for office space and a drop in office vacancy rates. New buildings, those with the best amenities, and good locations are in the highest demand. And the industrial vacancy rate (think logistics plants and warehousing) has tightened-- dropping in the GTA to just 2.2%, the lowest in the country. Both are positive signs for the economy.
Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: [email protected]. Thank you for listening!
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
By Frequency Podcast Network4.5
1111 ratings
With the rise of A.I. and hybrid work, there were concerns that demand for office space would weaken. In reality, return to office policies and a growing corporate footprint for some of the country's biggest companies has led to increased demand for office space and a drop in office vacancy rates. New buildings, those with the best amenities, and good locations are in the highest demand. And the industrial vacancy rate (think logistics plants and warehousing) has tightened-- dropping in the GTA to just 2.2%, the lowest in the country. Both are positive signs for the economy.
Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: [email protected]. Thank you for listening!
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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