Proof how shared spaces are changing the world

the center for Social innovation catalyzes and
supports social innovation in Toronto and around the
world. we create community workspaces, incubate
emerging enterprises, and develop new models and
methods with world-changing potential.

We believe that society is facing
unprecedented economic, environmental,
social and cultural challenges.
We also believe that new innovations
are the key to turning these challenges into
opportunities to improve our communities
and our planet. We are working together to
fix our future.

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Multi-Tenant Office Space Continues to be Affected by Corporate Change

Vacancy and Absorption Trends

The third quarter in the multi-tenant office market ended with a positive absorption figure of 2,800 square feet. This minor variance from quarter two held the metro-wide vacancy rate at 15.2%. Among the subsets, Class A office was the strongest performing asset class, with a positive 130,000 square feet of absorption. The Minneapolis CBD accounted for three-quarters of that absorption.

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