March 2022 Commercial 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,...

Commercial Land Values are on the rise

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...
Amazon effect on Industrial Real Estate

Amazon effect on Industrial Real Estate

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 —...
Amazon effect on Industrial Real Estate

Center Point Mall to be redeveloped

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...

Warehouse & Industrial Real Estate

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...