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Occupiers are shaking off economic uncertainty

Demand for office, industrial space remains resilient
MacCain Foods signed a new direct lease in September 2025 to move into 103,000 square feet, or roughly 18% of the Portland Commons office building located at 530 Front St W in Toronto. (CoStar)
MacCain Foods signed a new direct lease in September 2025 to move into 103,000 square feet, or roughly 18% of the Portland Commons office building located at 530 Front St W in Toronto. (CoStar)
CoStar Analytics
March 12, 2026 | 12:04 P.M.

In recent years, the country experienced sluggish economic growth as the population surged, and trade ties to its historically closest partner, the United States, frayed. Demand for industrial and office space was noticeably weaker.

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News | Occupiers are shaking off economic uncertainty