With five million square feet of available space across 47 office towers, downtown Toronto is becoming a tenant’s paradise - and an investor’s potential nightmare
With five million square feet of available space across 47 office towers, downtown Toronto is becoming a tenant’s paradise - and an investor’s potential nightmare
The 2 projects I witnessed had to re-do the plumbing, electrical, elevators, fire detection/sprinklers, HVAC, and exterior glass, in addition to gutting every interior wall and doing a full asbestos removal.
It was a lot of work, over several years, but they now have full residential occupancy, so it seems to have worked out.