- High-end office space availability will likely decline in the near future, due to employment growth and a lack of new construction.
- The Fringe Core has a large amount of space on the market in pockets of 2,000 square feet or less, potentially due to the growth of coworking.
- Tenants looking for 25,000 square feet or more are very limited, with few options outside of the East and Kanata markets.
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Why invest in Canada?
While the office sector has had a challenging half-decade everywhere, the situation in Canadian metros is more optimistic than in major U.S. markets.