Net absorption is an important performance metric for the office market, reflecting the net change in occupied space. As a market performance metric, it can serve as an equalizer across the 30 submarkets CoStar tracks across the Greater Toronto Area (GTA), indicating if the overall demand trend is positive or negative.
Toronto's struggling office market may be finding a floor
Important performance metric reveals a recovering office market across the GTA in 2024
CoStar Analytics
January 8, 2025 | 9:53 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Meridian Hall
1 Front St, Toronto, ON
- CIBC Square - Phase II
141 Bay St, Toronto, ON