January 2023

According to the Ministry of Transportation and Infrastructure, tunnel boring that began last fall has just broken through the future Mount Pleasant Station. It is estimated that the boring machines will take approximately one year to dig from the Great Northern Way – Emily Carr Station all the way to the future Arbutus Street Station. …

Major “Breakthrough” in Broadway Subway Construction Read More »

Covid, remote work, layoffs and a looming recession are causing increasing office vacancy in major markets across North America. In addition, increasing interest rates and tech industry headwinds are causing major office users to step back, reducing, or eliminating parts of their office footprints. As new buildings from the previous cycle get completed, there is …

Office Vacancy Leading to Flight to Quality Read More »