by Allen Mayer | Mar 3, 2022 | Real Estate News
TORONTO The labour market posted an underwhelming start to the new year as the city-wide unemployment rate rose more than half a percent to reach 7.7% in January. With restrictions lifting on March 1st, companies have begun rolling out their return-to-office policies,...
by Allen Mayer | Mar 1, 2022 | Real Estate News
Commercial real estate sees record-breaking Canada-wide land rush. In Waterloo Region, in 2008, it cost $80,000 an acre to buy a vacant 28.5-acre site zoned for future industrial development. Demand for commercial land then soared, and a decade later, similar...
by Allen Mayer | Feb 18, 2022 | Real Estate News
Amazon is buying all the warehouses Share Amazon’s insatiable hunger for warehouses has caused rents for industrial space to rocket around the world. The retail colossus now has some 410 million square feet of warehouse and distribution space, reports Quartz —...
by Allen Mayer | Jan 24, 2022 | Real Estate News
While a near-record 26.1 million square feet (2.4 million square meters) of logistics real estate is under construction, much of it is already leased, according to a report released by commercial-property brokerage CBRE Ltd. And with vacancy rates for existing...
by Allen Mayer | Jan 6, 2022 | Real Estate News
Toronto’s brick-and-mortar retail landscape has suffered immensely with the rise of online shopping and exponentially more during the pandemic, and it looks like the thirst for new housing could soon bring about the end of a shopping mall that’s been a...
by Allen Mayer | Jan 5, 2022 | Real Estate News
Logistics, warehousing and fulfillment are the clear winners this year. This segment of industrial real estate has remained resilient throughout the pandemic—in large part because of a surge in demand from e-commerce, food delivery services, home improvement retailers...