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Greater Toronto Area Office Insight - Q1 2011

After a strong second half of 2010 leasing activity softened in the first quarter of 2011. Overall absorption across the Greater Toronto Area finished the quarter at -53,457 s.f. down significantly after the fourth quarter posted absorption of just over 1.1 m.s.f.. The overall slowdown of the leasing market across the GTA was expected after financial services drove leasing through 2010.


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