While it will be some time before we can compare actual 2022 Additional Rents to 2021 costs, most landlords have provided their 2022 estimates – and compared to 2021, Operating Costs have increased across the GTA. Could this be a sign of what to expect in a post-pandemic world? What …
Read More »Department store to distribution center?
The COVID-19 pandemic has accelerated many consumer trends that were already emerging, the most significant being the scaling back of in-person retail and the scaling up of on-line shopping. Both of these developments have had major impacts on commercial real estate. On the retail side, as in-person shopping has decreased, …
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