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GTA Suburban Office Insight - Q1 2014

​The GTA Suburban market experienced another quarter of increasing vacancy rates, with a quarterly increase of 40 basis points to 12.4%. Vacancy rates are projected to continue to increase slowly over the two years, reaching a peak of approximately 13.5 percent. The vacancy rate gap between the suburban GTA and downtown has increased slightly to 610 basis points; however, this is expected to narrow over the next few years.

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