{"id":18,"date":"2025-02-04T09:00:00","date_gmt":"2025-02-04T09:00:00","guid":{"rendered":"https:\/\/www.kaviankarimi.com\/blog\/2025\/02\/downtown-toronto-office-availability-dips-for-first-time-in-5-years\/"},"modified":"2025-02-04T09:00:00","modified_gmt":"2025-02-04T09:00:00","slug":"downtown-toronto-office-availability-dips-for-first-time-in-5-years","status":"publish","type":"post","link":"https:\/\/www.kaviankarimi.com\/blog\/2025\/02\/downtown-toronto-office-availability-dips-for-first-time-in-5-years\/","title":{"rendered":"Downtown Toronto office availability dips for first time in 5 years"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>The downtown Toronto office market has seen its first decline in office availability in five years, with a current availability rate of 20%. This reduction is attributed to strong leasing activity and aggressive landlord concessions. The trophy and class-A segments recorded positive net absorption, while class-B and -C offices faced negative absorption. Significant leases include a 250,000-square-foot deal at CIBC Square II. Meanwhile, Southwestern Ontario&#039;s market experienced negative net absorption, increasing vacancy rates. Overall, conditions may favor a stronger office market in 2025.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/renx.ca\/downtown-toronto-office-availability-dips-for-first-time-in-5-years\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The downtown Toronto office market has seen its first decline in office availability in five years, with a current availability rate of 20%. This reduction is attributed to strong leasing activity and aggressive landlord concessions. The trophy and class-A segments recorded positive net absorption, while class-B and -C offices faced negative absorption. Significant leases include [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/posts\/18","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/comments?post=18"}],"version-history":[{"count":0,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/posts\/18\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/media?parent=18"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/categories?post=18"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/tags?post=18"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}