18 Oct 2011

Office space hard to come by in the GTA

Confirming several other reports, a new study finds that office space in the Greater Toronto Area is hard to find due to strong performances from many businesses.

According to Colliers' International Market Report, availability of office space dipped to just under 5 percent in the second quarter, the lowest level observed since the third quarter of 2008. Much of the decline was located in the GTA North and West markets.

Despite vacancy rates being low, the report also found that there hasn't been much office space development to counteract the shortage. Colliers says "only a few" new construction projects are underway. However, demand for office space has subsided, the report notes.

Still, the lack of development can pose a problem for businesses that are expanding. Fortunately, Jiffy Self Storage offers a variety of office spaces that small business owners can rent. Some of the benefits Jiffy Home Office provides include a client work area and meeting rooms, as well as fax, telephone and photocopy services. Full-service restaurants are located on-site as well for lunch breaks.

Those interested are encouraged to get in touch with a Jiffy Self Storage professional. 

Be Sociable, Share!

Related Articles [3]

2 Tips For Choosing The Right Packing Supplies

February 12th, 2016
Having a pre-prepared list of all of the packing supplies you will need to move your belongings into a storage unit or a new home will make the move much less stressful. For...

How Renting A Storage Space Helps Your Business’ Revenue

January 15th, 2016
It might not seem immediately obvious, but how you utilize your office space can have a direct and observable impact on your business’ revenue. Make sure that you are...

How To Set Up A Small Office Space

January 11th, 2016
Most of us haven’t attained the cushy corner office yet, complete with sitting area, bar and L-shaped executive desk so we have to make do with less space. This means that...

Leave a Comment






Essential SSL