| Nov. 25, 2009: | Toronto Developer Acquires Pontiac Silverdome |
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| Nov. 18, 2009: | Investors Dive Back into Commercial Property |
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| Nov. 04, 2009: | Survey Shows Canadian Commercial Real Estate Markets in far Better Shape Than the U.S. |
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| Oct. 23, 2009: | Commercial Real Estate Bounces Back |
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| Sep. 30, 2009: | Canada's tallest office tower gets a $100-million facelift |
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| Sep. 01, 2009: | Shoppers Drug Mart Corporation to open first Murale store in Toronto |
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| Aug. 10, 2009: | Private firm lands Union Station deal |
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| Jul. 16, 2009: | Workplace walls come tumbling down |
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| Jul. 06, 2009: | CBC eyes $125M real estate sell-off |
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| Jun. 19, 2009: | Toronto Real Estate Board: Over 600,000 Square Feet Leased in May |
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| Jun. 05, 2009: | Canadian Office Space Remains One Of The World's Most Expensive |
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| May 20, 2009: | McGuinty Government: New Energy Tax |
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| May 04, 2009: | Fresh Thinking about Commercial Real Estate Part 2 |
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| Apr. 24, 2009: | Shops at Don Mills – Ontario’s first urban village – opens its doors |
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| Apr. 07, 2009: | Lennard Takes Home the Office Deal of the Year REX Award |
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| Mar. 31, 2009: | Fresh Thinking About Commercial Real Estate |
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| Mar. 20, 2009: | In a League of their own |
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| Mar. 09, 2009: | Canadian property markets cushioned for 2009 |
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| Mar. 09, 2009: | Bell Canada buys 750 The Source stores |
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| Feb. 27, 2009: | Commercial Market Better than in 90's |
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| Jan. 23, 2009: | The downturn, then and now |
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| Jan. 16, 2009: | Proposal for prime site spurs controversy |
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| Dec. 16, 2008: | Retailers set to ride out economic downturn |
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| Nov. 25, 2008: | GO Transit offers to buy part of Union Station |
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| Nov. 18, 2008: | Federal government considering sale of Crown assets: Flaherty |
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| Oct. 24, 2008: | Jane Baldwin from Lennard Helps Bring Anthropologie to Toronto |
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| Oct. 09, 2008: | 18 York Street Breaks Ground |
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Toronto Real Estate Board: Over 600,000 Square Feet Leased in May
Jun. 19, 2009
Toronto Real Estate Board: Over 600,000 Square Feet Leased in May
Source: Marketwire - June 17, 2009
TREB Commercial Members reported 644,130 square feet of space leased in May through the TorontoMLS® system, reported Commercial Council Chair Garry Lander. "While still below 2008 levels, this figure represents an improvement over the first four months of the year," said Mr. Lander.
Prices declined for Industrial and Commercial space in May. Industrial space (all size categories) traded at $5.34 sfn, down 12 per cent from May of 2008 when the price was $6.08 sfn. Commercial space traded for $11.27 sfn, a 22 per cent decline from the same month last year.
Sales Market Highlights
Of the 50 IC&I sales recorded through TorontoMLS® last month, 28 were industrial properties, which averaged $69.20 per square foot. Non-MLS®.
For a complete copy of the Commercial Realty Watch visit www.TREBCommercial.com |