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Research

Report

Look Forward: Toronto


​Through late 2014-2016, seven under construction developments will bring an additional 5.0 million square feet to Downtown Toronto, raising the office supply of Canada’s largest business district to over 75 million square feet. Rising vacancy and slower leasing activity have taken over as tenants anticipate better leverage with the increased supply. In these changing market conditions, the launch of another of the city’s seven currently proposed developments has become unclear.

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