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New supply pushes vacancy rate upwards for large industrial buildings in Greater Montreal Vacancy has been rising steadily over the past year, from 2.0% in Q1 2023 to 2.2% in Q3 2023, and our data...

GO Transit commuter rail ridership indicates a recovery, yet overall downtown office vacancy rates are still lagging https://www.avisonyoung.us/w/friendly-journal-URL In 2019, the average monthly...

The "flight for quality" provides a new opportunity to repurpose older buildings for non-office use in Edmonton Rise in the "flight for quality" trend, is evidenced in the positive absorption seen...

The "flight for quality" is a new opportunity to repurpose older buildings for non-office use in Calgary Rise in the "flight for quality" trend in Calgary, is evidenced in the positive absorption...

Sublets are finding tenants in downtown Montreal Comparing sublet, direct and total avialability in Downtown Montreal commercial real estate market....

High interest rates in the Ottawa National Capital Region, are causing a headwind in real estate investment activity Rebounding from High Interest Rates in Ottawa’s Real Estate Market in the...

Ottawa's office-to-residential conversions offer solutions Ottawa's housing crisis is leading local developers to explore office-to-residential conversions in the downtown core. Learn more about...

Number of transit commuters on the rise in Alberta After a significant drop in commuter numbers in 2021 due to the pandemic, transit commuters are on the rise. Positive news for the economy and...

Number of vehicle commuters on the rise in Alberta After a significant drop in commuter numbers in 2021 because of the pandemic, commuters are on the rise during the subsequent two years....

Transit-oriented development captures vast majority of office absorption in Montreal’s South Shore West https://www.avisonyoung.us/w/friendly-journal-URL Office properties located within a...

Ottawa's Industrial leasing activity on a steady increase for the 3rd quarter Ottawa Industrial leasing activity steady despite economic challenges. Smaller spaces in demand, larger options on the...

Montreal's transit-oriented suburbs lead in office occupancy Over the past 20 years, office occupancy rates have traditionally been lower in the suburbs compared to the urban core. However, this...

Calgary downtown residential conversions reduce vacancy in class B & C office classes https://www.avisonyoung.us/w/friendly-journal-URL The relative success of Calgary’s Downtown Development...

Average term on office leases across Canada is on the rise Average term on office leases across Canada is on the rise https://www.avisonyoung.us/w/friendly-journal-URL Between 2015 and 2019, the...

A rise in Ottawa’s Downtown office availabilities could spark changes to how space is utilized The increase in available office space in Ottawa's Downtown area has the potential to drive changes in...

Nearly 40% of Montreal industrial buildings currently under construction targeting LEED certification Over the past decade, 10% of new industrial space delivered in the Greater Montréal area has...

Ottawa's land sales finding greater degree of value consistency as interest rates stabilize somewhat As interest rates stabilize, Ottawa land sales are finding a greater degree of value...

Southwestern Ontario’s industrial market drawing more companies due to Greater Toronto’s high rents and tight vacancy Rapid rent growth in Greater Toronto’s industrial market is pushing companies...

70% of class A office space in Downtown Montreal now LEED certified https://www.avisonyoung.us/w/friendly-journal-URL The LEED movement has continued to accelerate since the first certification in...

Asset values of industrial strata in Metro Vancouver show resilience despite interest rate hikes Asset values of industrial strata in Metro Vancouver show resilience despite interest rate hikes...

Greater Toronto office sublets – what do space sizes reveal about who’s putting space on the market? A closer look at spaces put on the market during those years reveals an interesting shift....

Small cities and towns in Alberta experience double digit population growth Alberta small cities and towns experience double digit population growth, indicating the draw of these urban areas as...

New job postings are slowing, pointing to a cooling labour market New job postings in Canada are slowing, pointing to a cooling labour market https://www.avisonyoung.us/w/friendly-journal-URL New...