skip to main content

Back

 

Event Details

Date: Thu. Jan 22, 2009
Time: 12:00 AM

Add event to: ICal Outlook Google Calendar

Location

Hilton Toronto
145 Richmond Street West

Casson Room - Convention Level

Associated Documents

Please login to view documents.

Facilities SIG - Impact of the New Builds on the Toronto Downtown Class A Office Market

Description

Impact of the New Builds on the Toronto Downtown Class A Office Market - 2009 to 2012 Forecast

3.1 million of LEED designated office space is being delivered to the Downtown office market in 4th quarter 2009. The Downtown Class A office vacancy rate is currently 3.7%. The vacancy rate is expected to climb to 15% in 2009, and peak at 20% in 2011 largely as a result of ten (10) major tenants vacating almost 2 million square feet in 8 existing Downtown Class A buildings. With the added supply coupled with the economic downturn, tenants can expect to see a dramatic change from a landlord's market to a tenant's market beginning this year.

You will be interested in knowing the impact of the new buildings on Downtown business space, particularly as the shift from a landlord's to a tenant's market may affect your firm's premises alternatives at lease expiration, and in your business and real estate planning process.

John O'Toole, is the Executive Vice President of CB Richard Ellis, John is the manager of CBRE's office leasing practice, and has over 30 years experience in Downtown commercial real estate. John is frequently quoted by the media and is asked to speak at major industry events on local and national office market forecasts and trends.

Supporting Firms

  • member_blg
  • Dueck-Sauer-Jutzi-Noll
  • rogers partners
  • GWLG_GRAYSCALE
  • Waddell Phillips
  • Tupman + Bloom 3mar20
  • logo_guberman
  • Reves Richarz LLP
  • logo_kronis
  • logo_bereskin_parr
  • Blouin Dunn
  • Reybroek140x60 resized
  • logo_chappell_partners
  • Harris Law Logo
  • logo_sullivan_festeryga
  • logo_bennet_jones
  • WARDs Legal - grayscale
  • logo_wildeboer
  • logo_dlapiper
  • logo_sotos
  • CLYDE + Co 2aug17
  • MONTEITH RITSMA PHILLIPS PROFESSIONAL CORPORATION - greyscale
  • Simpson Wigle greyscale 26jul17
  • Gillian Hnatiw 2
  • logo_harris-sheaffer
  • logo_benson
  • Nelligan 14aug17
  • logo_oatley
  • heuristica
  • Rueters LLP 5mar18
  • logo_smith_valeriote
  • McTague Logo
  • Riches McKenzie 11oct17
  • Walker Head Lawyers 27sept19 - greyscale.
  • MacDonald & Partners logo
  • Mills + Mills
  • BakerMcKenzie
  • logo_bernardi_llp_5405 (greyscale)
  • Cavalluzzo LLP_Logo
  • logo_hull_hull
  • Haber Lawyers 14feb19
  • logo_pmlaw
  • O'Sullivan
  • Piasetzki
  • balesBeall
  • BlaneyMcMurtry
  • Marks + Clerk 18may18
  • logo_goodmans
  • Giffen Lawyers
  • Grosman, Gale 2nov17
  • logo_hsh
  • logo_norton
  • Fox Vanounou Porcelli 29aug19
  • logo_bennet_jones
  • Minken Employment Lawyers logo 14aug17
  • logo_robins
  • logo_giesbrecht
  • MillerThomson
  • member_weirfoulds
  • logo_Osler_hoskin
  • Kormans Logo
  • logo_macdonald_sager
  • Levitt LLP Logo
  • logo_shibley
  • Chappell Partners Logo
  • Green + Spiegel logo 31jul17
  • aviva_lawyers
  • logo_mcleish_orlando
  • logo_willms_shier
  • member_tgf
  • Beard Winter Logo black white - New
  • logo_barriston
  • SparkLaw
  • member_torkin_manes
  • HRG.logo
  • logo_madorin
  • member_minden_gross
  • AUM Law Logo 22nov18
  • Daoust_Vukovich
  • LeClair Logo
  • logo_cassels
  • logo_dw
  • Goldblatt
  • Lenczner Slaght resized
  • Deloitte Tax Law
  • logo_zuber
  • Loopstra Nixon logo 140w greyscale
  • O'Connor MacLeod Hanna LLP
  • logo_ricketts_harris
  • logo_ridout
  • logo_torys
  • logo_keyser
  • logo_sherrard
  • Koskie Minsky
  • dutton_brock
  • logo_gardiner_roberts
  • logo_dale_and_lessmann
  • member_hicks_morley
  • Matthews Dinsdale 1feb19
  • GMA Full Name Logo
  • Henien Hutchison LLP
  • LLF_LAWYERS
  • logo_wilson_vukelich
  • Rayman Beitchman LLP 2mar18
  • Cumming & Partners
  • logo_chaitons
  • Laxton Glass
  • Davies Howe
  • logo_goodmans
  • RossMcBride
  • fogler-rubinoff
  • logo_lerners
  • logo_sokllp
  • Stockwoods Logo
  • hummingbird
  • Dentons
  • Crawford Chondon & Partners LLP 24feb20
  • dickinsonwright

TLOMA Logo

© 2014 TLOMA. All Rights Reserved. 
Privacy Policy