Commercial real estate investment activity was down in the Greater Toronto Area (GTA) last year from 2023, and after a brief spate of optimism in the fall and early winter, a series of issues continue to concern the market today.
Amazon’s decision to close its Quebec warehouses will likely lead to a scenario in which some of its 2.25M-square-foot inventory is absorbed by third-party logistics companies with the remainder entering the sublet market, CBRE's Louis Karam believes.
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