12 Feb 2013

Toronto to add more space for businesses

After encountering some issues over the past few years, the Toronto stock market recently looked as though it is heading toward improvement. Despite the faltering employment and housing starts that were reported last week, economists at the The Canadian Press forecast it might be moving toward an uptick. Though the housing market hasn’t been too positive, a report surfaced earlier this month that Toronto is looking more positive than the New York market. According to the National Post, Toronto is planning on adding more prime office space in 2014 than almost any other city in North America. 

Until the new space is built, Toronto-based business owners might want to rent Toronto document and storage spaces to ensure they have enough room to put their belongings.

With the continuing demand for building new businesses in the area, more than 1.59 million-square-feet will be added. RealNet Canada Inc., a Canadian real estate data firm, reported that a group of pension funds paid $749 per-square-foot for the Brookfield Place-TD Canada Trust Tower on Bay Street in December.

Jiffy offers businesses plenty of options for Toronto storage, whether one needs to store filing cabinets or office supplies. What’s more, the company is currently holding a contest for a new iPad 3, which is a device that just about every business person could use to help improve productivity.

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