Matt Gunning, Avison Young principal and managing director of the company’s Toronto North office, said immigration by entrepreneurs to northern Toronto, York Region and Mississauga has had a positive impact on those office markets.
“We see a huge growth in our tenant base from tenants under 5,000 square feet who are starting companies that are great tenants for our suburban buildings. They’re leasing 3,000 to 6,000 square feet and they’re in very diverse parts of the economy, from real estate to financial services to marketing. “They’re servicing both their communities as well as the larger economy.”
Full Article: www.renx.ca