No blockbuster deals in the 4th quarter, but leasing markets across the region remain very active. On the back of the strongest economy in the country, and one of the healthiest on the continent, demand for office space is not far off record highs. Once again tech companies dominated, but business and professional services, along with the financial sector were all active in the last three months of the year.
There may be some trepidation in the lead up to the provincial election in May, but the underlying trend is for leasing markets to tighten with only modest new supply, most notably The Exchange tower, due for completion in the fourth quarter.
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