Research

Downtown Toronto Office Development Report - 2019

As new developments lease up, keeping track of who’s expanding and who’s relocating will be critical to identifying the opportunities

May 06, 2019

The accelerated entrance of new tenants to the Downtown Toronto market has coincided with the growth of technology and the consolidation of financial services to create one of the tightest and most in-demand office markets in the world. This high level of demand has been met with dwindling supply. Landlords have pounced on the opportunity by breaking ground on new developments but as we approach the 2020/2021 delivery dates for most of the larger office projects, expect pre-leasing rates to continue hitting new heights.

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