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Category Archives: Insights for Property Owners

How to Save Time and Money on Your Next Office Build-Out

Stop me if this sounds familiar – you’ve started a home renovation project and have a good idea of how long it will take and how much it will cost; fast forward several weeks and you’re abysmally behind schedule and substantially over budget. This is the Murphy’s Law of renovations: the project will always …

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THE TENANT THAT ABSOLUTELY DID NOT WANT TO MOVE…THEN DID

There are some office markets, particularly in the west end of the GTA, that have vacancy rates approaching 25%; despite this, tenants still aren’t being offered incentives to move (reasons for this are discussed in a previous post). Over the past 5 years, landlords with significant vacancy (over 15%) have been trying to fill …

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FINTRAC – WHAT IT MEANS WHEN PURCHASING A COMMERCIAL PROPERTY

“The terrorist attacks that took place on September 11th, 2001, changed everything.” A familiar refrain that has come to ring true as many changes enacted since 9-11 have impacted our daily lives.  A well-known example is the need for Canadians entering the United States to have a passport; a lesser-known example is Fintrac – …

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WHY GREATER SUPPLY THAN DEMAND IN OFFICE SPACE ISN’T LOWERING RENTS

Office vacancy rates in parts of the Greater Toronto Area (GTA) are approaching levels not seen in twenty years, with supply easily outstripping demand. Economics, and common sense, would tell you that this means prices should drop – however, this is not necessarily the case. The reason rent prices are not falling is due …

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DISTRUST IN THE STOCK MARKET IS DRIVING INVESTMENT IN REAL ESTATE

With interest rates and faith in the stock market at an all-time low, investors have been flocking to real estate investments as fast as they can. Most decent real estate investments are snapped up as soon as they hit the market – and some don’t even make it that far. For the really good …

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