{"id":1813,"date":"2026-07-07T08:03:01","date_gmt":"2026-07-07T13:03:01","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/07\/07\/toronto-office-space-squeeze-why-trophy-assets-are-running-dry\/"},"modified":"2026-07-07T08:03:01","modified_gmt":"2026-07-07T13:03:01","slug":"toronto-office-space-squeeze-why-trophy-assets-are-running-dry","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/07\/07\/toronto-office-space-squeeze-why-trophy-assets-are-running-dry\/","title":{"rendered":"Toronto Office Space Squeeze: Why Trophy Assets Are Running Dry"},"content":{"rendered":"<p>The GTA office market is officially staging a comeback. According to CBRE\u2019s Q2 2026 data, the national office vacancy rate has dropped to 17.1%, marking a full year of sustained recovery. Toronto is at the forefront of this shift, leading the country in net absorption alongside Calgary and Montreal. <\/p>\n<p>Perhaps most notable for investors is the tightening of premium supply. With Toronto\u2019s AAA office vacancy rate now sitting at a razor-thin 2.6%, demand is rapidly spilling over into Class A and B assets. This &#8216;trickle-down&#8217; effect is further accelerated by a near-total halt in new construction and the removal of over 12 million square feet of aging inventory for conversions. For a deeper look at how this supply crunch is fueling a 262% surge in year-on-year investment, read the full report at https:\/\/www.mpamag.com\/ca\/specialty\/commercial\/canadas-office-market-posts-full-year-recovery-leaving-pandemic-woes-behind\/581471.<\/p>\n<p><!-- RealEstateToday Source Article --><\/p>\n<div style=\"display:none\" data-original-url=\"https:\/\/www.mpamag.com\/ca\/specialty\/commercial\/canadas-office-market-posts-full-year-recovery-leaving-pandemic-woes-behind\/581471\"><\/div>\n<p><em>Source: <a href=\"https:\/\/www.mpamag.com\/ca\/specialty\/commercial\/canadas-office-market-posts-full-year-recovery-leaving-pandemic-woes-behind\/581471\" target=\"_blank\" rel=\"noopener\">Read the original article<\/a><\/em><\/p>\n<p><!-- RealEstateToday Instagram Handles --><\/p>\n<div style=\"display:none\" data-instagram-handles=\"@cbre,@remaxcanada,@avisonyoung\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Toronto&#8217;s AAA office vacancy has hit a tight 2.6%. With new construction at a standstill, here is what the commercial market shift means for investors.<\/p>\n","protected":false},"author":3,"featured_media":1812,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178],"tags":[232,182,499,396,207],"class_list":["post-1813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","tag-commercial-real-estate","tag-gta","tag-investment-trends","tag-office-market","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1813"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1813\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1812"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}