Asking Net Rent, in the GTA, averages out to $16.25 per SF, which is down nine percent from the value observed at the end of Q2 2009.
The highest average asking net rent is continuously quoted in the Downtown Toronto market.
GTA Occupied space sums up to approximately 167 M SF or 90 percent of the current inventory. While occupied space is below Q2 2009 levels by approximately 400,000 SF, it is up nearly 500,000 SF compared to Q1 2010.
Commercial Real Estate information on the real estate situation in the Greater Toronto Ontario area...and every once in a while some 'ramblings' on other related and non real estate related issues.
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