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Category: Commercial

Vancouver’s proposed empty stores tax is not the best approach

Volodya Gusak Commercial Shopping Centres Metro Vancouver Jun. 8 2022

Vancouver City Council recently proposed the creation of an empty stores tax to reduce vacant storefronts. The goal would be to discourage speculators from buying and keeping properties vacant. Let’s talk about this. Reducing vacant storefronts and stimulating small businesses

Montreal industrial lease rates could hit $20 per sq. ft.

Danny Kucharsky Commercial Market Trends Greater Montreal Jun. 7 2022

Montreal industrial rents, which long stagnated at an average of $5 per square foot, could soon see Toronto-like asking prices in the $20 range, industrial developers and brokers say. “In Toronto, we’re seeing rates in the $20 range, and Montreal

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