Office Leasing Trends Tenants Must Know In A Landlord's Market
Toronto continues to be among the best cities in the world to live in and has earned this reputation for many different reasons. Toronto is home to Canada's top sports teams, entertainment, art and, key business opportunities, not to mention its public health care and education, all of which make Toronto an ideal place to work and play.
Simultaneously, these are also contributing factors to an overwhelmed office leasing market. Factors that would normally keep the demand for commercial real estate under control have shifted tremendously. In today's obscured market, tenants are experiencing mandates from their landlords, instead of the other way around.
In light of this, here are some trends we can see in this landlord's market that you should be aware of as a commercial space tenant, and how you can protect yourself.