Commercial Real Estate Archives - Better Dwelling https://betterdwelling.com/tag/commercial-real-estate/ Canada’s Fastest Growing Real Estate News Source Thu, 09 Nov 2023 18:29:57 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 Commercial Real Estate Archives - Better Dwelling https://betterdwelling.com/tag/commercial-real-estate/ 32 32 64691831 Toronto Offices Look To International Students As Businesses Get Priced Out https://betterdwelling.com/toronto-offices-look-to-international-students-as-businesses-get-priced-out/ https://betterdwelling.com/toronto-offices-look-to-international-students-as-businesses-get-priced-out/#comments Thu, 09 Nov 2023 18:29:54 +0000 https://betterdwelling.com/?p=24256 Canadian real estate is changing fast, and office spaces aren’t escaping the impact. Commercial real estate giant Avison Young‘s latest report on Greater Toronto Area (GTA) office space reveals softening business demand. High priced office space is out, and traditionally “less desirable” space is in. The firm notes a major trend softening the blow—demand from […]

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]]> https://betterdwelling.com/toronto-offices-look-to-international-students-as-businesses-get-priced-out/feed/ 1 24256 Commercial Real Estate Is Still Contracting In Tech Hubs, Yet To Stabilize: CBRE https://betterdwelling.com/commercial-real-estate-is-still-contracting-in-tech-hubs-yet-to-stabilize-cbre/ Tue, 09 Nov 2021 18:53:01 +0000 https://betterdwelling.com/?p=18739 Commercial real estate has been in a bit of a rut and it looks like it’s not going to end as fast as some hope. Commercial real estate giant CBRE released its annual Tech 30 report. The firm’s assessment is these markets are in the middle of a contraction phase and have yet to stabilize. […]

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]]> 18739 Canadian Building Permits Make Historic Drop, As Real Estate Slowdown Spreads https://betterdwelling.com/canadian-building-permits-make-historic-drop-as-real-estate-slowdown-spreads/ https://betterdwelling.com/canadian-building-permits-make-historic-drop-as-real-estate-slowdown-spreads/#comments Fri, 02 Jul 2021 19:31:30 +0000 https://betterdwelling.com/?p=17286 Canada’s real estate boom is starting to slow down, with fewer new projects taking the first step. Statistics Canada (Stat Can) data shows the dollar value of building permits fell in May. After coming off of record highs, a decline should have been expected for the most part. The size of the fall was definitely […]

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]]> https://betterdwelling.com/canadian-building-permits-make-historic-drop-as-real-estate-slowdown-spreads/feed/ 18 17286 Canadian Commercial Rents Are Soaring For Offices, While Retail Drops https://betterdwelling.com/canadian-commercial-rents-are-soaring-for-offices-while-retail-drops/ https://betterdwelling.com/canadian-commercial-rents-are-soaring-for-offices-while-retail-drops/#comments Sat, 05 Jun 2021 04:20:18 +0000 https://betterdwelling.com/?p=16904 The price of a commercial lease in Canada is getting more expensive, unless it’s retail. Statistics Canada (Stat Can) data shows commercial rents increased in March. Gains were led by offices, and an industrial space boom. Retail was the only big loser, with prices taking a dive across the country. Canadian Commercial Rents Increase, But […]

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]]> https://betterdwelling.com/canadian-commercial-rents-are-soaring-for-offices-while-retail-drops/feed/ 3 16904 Canadian Office Vacancy Rate Hits 14%, Highest In A Quarter Century: BMO https://betterdwelling.com/canadian-office-vacancy-rate-hits-14-highest-in-a-quarter-century-bmo/ https://betterdwelling.com/canadian-office-vacancy-rate-hits-14-highest-in-a-quarter-century-bmo/#comments Sat, 01 May 2021 17:40:49 +0000 https://betterdwelling.com/?p=16441 Canadian companies have been scaling back on office space, reversing the pre-pandemic scramble that made it scarce. BMO senior economist Sal Guatieri looked at commercial office space in his latest note. The bank found long-term tenants locked into space are paying their bills just fine. However, companies that could, have been scaling back on the […]

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]]> https://betterdwelling.com/canadian-office-vacancy-rate-hits-14-highest-in-a-quarter-century-bmo/feed/ 7 16441 Canadian Retail Spending Is Up, And Nearly A Third of Growth Was Building Supplies https://betterdwelling.com/canadian-retail-spending-is-up-and-nearly-a-third-of-growth-was-building-supplies/ https://betterdwelling.com/canadian-retail-spending-is-up-and-nearly-a-third-of-growth-was-building-supplies/#comments Wed, 28 Apr 2021 23:31:00 +0000 https://betterdwelling.com/?p=16394 Many Canadian retail stores closed, but households are still finding ways to spend. Statistics Canada (Stat Can) data shows retail spending made a big jump in February. The rise in sales was strong in the building materials and gardening categories. Combined, both of those trends represented nearly a third of all annual growth. The combination […]

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]]> https://betterdwelling.com/canadian-retail-spending-is-up-and-nearly-a-third-of-growth-was-building-supplies/feed/ 7 16394 Canada Offsets Expensive Real Estate With Low Paid, But High-Quality Tech Labor https://betterdwelling.com/canada-offsets-expensive-real-estate-with-low-paid-but-high-quality-tech-labor/ https://betterdwelling.com/canada-offsets-expensive-real-estate-with-low-paid-but-high-quality-tech-labor/#comments Sat, 17 Apr 2021 01:00:21 +0000 https://betterdwelling.com/?p=16281 The mystery of how Canada attracts so many big tech companies was revealed in a commercial real estate analysis. The country scored 5 spots on CBRE‘s 2020 list of Top 50 Tech Hubs. High-quality labor is one of the key reasons real estate prices haven’t been a drag. The other is Canadian tech workers make […]

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]]> https://betterdwelling.com/canada-offsets-expensive-real-estate-with-low-paid-but-high-quality-tech-labor/feed/ 20 16281 Canada’s Construction Investment May Be Pausing To See If Work-From-Home Sticks https://betterdwelling.com/canadas-construction-investment-may-be-pausing-to-see-if-work-from-home-sticks/ https://betterdwelling.com/canadas-construction-investment-may-be-pausing-to-see-if-work-from-home-sticks/#comments Mon, 08 Mar 2021 18:22:36 +0000 https://betterdwelling.com/?p=15936 The consensus is work-from-home is temporary, but real estate developers might not be so sure. Statistics Canada (Stat Can) data shows construction investment reached a high in January. The trend is driven by residential construction investment, which reached a new record. Non-residential construction showed minimal growth, and is now effectively negative in real terms. Canadian […]

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]]> https://betterdwelling.com/canadas-construction-investment-may-be-pausing-to-see-if-work-from-home-sticks/feed/ 3 15936 Canadian Retail Rents Are Dropping, But The Cost of Office Space Hits A High https://betterdwelling.com/canadian-retail-rents-are-dropping-but-the-cost-of-office-space-hits-a-high/ https://betterdwelling.com/canadian-retail-rents-are-dropping-but-the-cost-of-office-space-hits-a-high/#comments Thu, 25 Feb 2021 18:36:02 +0000 https://betterdwelling.com/?p=15791 Canada’s commercial rental market is split, and probably not how most would guess. Statistics Canada (Stat Can) data shows commercial rents are down in Q4 2020. A breakdown shows the decline is largely due to retail rents falling. Despite a broad adoption of work from home, office rents are still chugging to all-time highs. Retail […]

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]]> https://betterdwelling.com/canadian-retail-rents-are-dropping-but-the-cost-of-office-space-hits-a-high/feed/ 5 15791 Canada’s Commercial Landlords Are Getting A Bailout… Kind of https://betterdwelling.com/canadas-commercial-landlords-are-getting-a-bailout-kind-of/ https://betterdwelling.com/canadas-commercial-landlords-are-getting-a-bailout-kind-of/#comments Thu, 16 Apr 2020 18:52:01 +0000 https://betterdwelling.com/?p=13474 Brick and mortar small businesses have been forced shut, or face almost no traffic. Wage relief is being delivered, with the government covering up to 75% of payroll costs at impacted businesses. Subsidized wages help, but another very large expensive still needs to be considered  – rent. Commercial rents have been soaring, and tenants, even […]

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