Toronto and Vancouver enjoyed positive net absorption of office space in Q1 2025, according to new CBRE reports. And in a first since Q1 2020, the national downtown office vacancy rate dipped slightly led by Toronto and Vancouver.
There've been few recent trophy office sales in the Greater Toronto Area, but activity at the $100-million level and below has been steady, says Colliers' Nicholas Kendrew. Observers are closely watching one marketing process - the Yonge Corporate Centre.
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Vancouver Convention Centre
Vancouver Convention Centre
Edmonton Convention Centre
Sheraton Centre Toronto
Halifax Convention Centre
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