While there was major office leasing activity in downtown Toronto in Q1 of this year, that momentum evaporated during the next three months according to Newmark’s new 2Q '24 Downtown Toronto Office Market Overview.
There have been few significant office tower transactions across Canada over the past two years, but a just-completed, off-market deal in downtown Montreal has bucked that trend. Groupe Mach has acquired 1600 Rene-Levesque Blvd. W. from BentallGreenOak.
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