O, Canada! Office Market Up North Buoyant, But Dull

Our neighbors to the north have a stronger office market and a brighter outlook for said market going into 2009, according to a CB Richard Ellis analysis. Highlights from the analysis, part of an invitation-only Webcast held Oct. 14, include:

  • Canada’s commercial real estate market is faring better compared to other downturns, and in comparison with the U.S., with national vacancy rates of 6.3 percent (office) and 6.2 percent (industrial).

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