Overall, the past year highlighted a growing contrast between Hamilton and the Peel & Halton markets, with Q4 showing availability for both office and industrial space increasing in Hamilton while trending lower across Peel and Halton.
Market activity remained subdued in the second quarter, however quality assets and competitive pricing are creating strong opportunities.
The GTA commercial real estate market is shifting as occupiers and investors respond to strong lease rates, softening sale prices and ongoing economic uncertainty.
The GTA’s commercial real estate market is experiencing cautious recovery, with selective gains in office leasing and stable industrial demand.
Despite a slow start, 2024’s commercial real estate market experienced growth as interest rate cuts and pre-emptive asset disposals drive renewed activity and investor confidence.
Despite a slow start, 2024’s commercial real estate market experienced growth as interest rate cuts and pre-emptive asset disposals drive renewed activity and investor confidence.