Waterloo Region's commercial real estate market is hot.
Kitchener, March 28, 2018 – “Waterloo Region is experiencing an unprecedented building boom”, according to Karl Innanen, Managing Director of Colliers International Waterloo Region. The Region may issue $1.2 billion in building permits as developers anticipate the reinstatement of development charges in February 2019. "These charges work out to about $13 per square foot for office buildings, saving $1.3 million for a 100,000-square-foot structure."
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