March 03, 2021
Key Highlights: • Q1 2021 brought both the vaccine rollout but also renewed lockdowns, however, this time around many businesses knew how to respond, resulting in minimal job losses. Although sublet space remains an issue, the flood of space coming to the market has slowed, and some believe as 2021 progresses, and employees start returning…
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March 03, 2021
Interesting thought... cubicals making a comeback. We can see it! "Cubicles could be reintroduced in an intelligent and modern way, alongside spaces dedicated to collaboration. While being an inexpensive solution to create some sort of privacy at work, they are practical and modular. Cubicles may not on their own be a solution, but ultimately, they…
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March 03, 2021
"The digital water cooler conversations just aren't quite living up." Great article here from CNBC.
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March 03, 2021
Link to CNBC
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January 01, 2021
- Vacancy across the city increased this quarter to 6.2%. The downtown market had the highest YoY vacancy rate growth by climbing 320 bps to 4.3% in Q4 2020. - Downward pressure on rents began to surface this quarter, with lower averages recorded across submarkets relative to Q3. - The proportion of sublease availability compared…
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