The recent Calgary flood is one of the worst natural disasters to strike the city in quite some time. Property damage, in particular, has been extensive, a fact made clear by the landlords of various commercial and residential projects in the city. Bill Partridge, president of the Calgary Building Owners and Management Association, was able
The boom in new office space in Toronto has been growing steadily for years. It is actually quite surprising, however, since corporations are leasing less space than ever before. Supply is rapidly outgrowing demand, with 5.4 million sq. ft. of office space already under construction. This is happening despite the fact that tenants are leasing
The Globe and Mail has recently been analyzing conflicts in property management in major Canadian cities, and have started with their observations in Toronto. It would seem that the same bidding wars that characterize the housing market are also affecting the commercial market. Analysts see this as a highly unusual phenomenon, as these kinds of