See Correction/Clarification at the end of this article. How much does Columbus' millions of square feet of empty office space cost the market? Office vacancy rates are at their highest point in ...
Converting Toronto’s empty office space into housing will not be a straightforward process – and may not even be feasible in some cases, a new report indicates.
Nearly a fifth of office space across the country sits empty, a record high vacancy rate that’s expected to keep growing.
11 major metros currently have at least $1 billion worth of empty space and commercial real estate insiders predict one-quarter of existing American office space could be vacant by early 2026.