Welcome to Sutton Systems Sign in | Help

Toronto Real Estate Blog - GTA News

Real Estate Updates on Market Trends, House Prices, Homes for Sale in the GTA, Mississauga, Toronto, Brampton, Oakville and Burlington. Sutton Realty Blog, Sutton Mortgage, Contact Sutton 416-896-3333, 905-896-3333 Canada Toll Free 1-800-265-1361


  • Toronto & GTA Real Estate Market Trends, House Prices, Homes for Sale, Sutton Realty Blog, Sutton Mortgage


Downtown Toronto Transit Developments

With vacancy so tight in the central downtown area and employers looking to attract talent at a lower cost, the development success of the south core of Toronto, “south of the tracks”, has developers looking across the entire GTA for prime development sites close to major transit.  With space density and securing talent with the “new worker”, companies are being strategic with their corporate real estate strategy and looking for the next best area to stay competitive. These trends have a direct impact on the corporate real estate world for owners and developers.  First Gulf, Menkes and GWL are landlord owner/developers that carved the path for new office development by Union Station, which created a lot of buzz in the media.  First Gulf is leading the way across the entire GTA from the South Don Lands (east end) to Oakville and Meadowvale (west end), with major redevelopment sites along Go Transit to offer an easier commute and access to large talent pool in central Toronto. Even though the occupancy costs are greater than 2nd and 3rd generation office, big corporations are now able to justify higher occupancy costs because of transit amenities and talent recruitment.


Looking for Toronto Properties? Let Sutton Group Lend a Hand!
Toronto Office: 416-896-3333


Posted: Saturday, July 20, 2013 12:21 PM by Sutton Realty
Filed under:


No Comments

Anonymous comments are disabled