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High-speed rail ambitions tracking in Canada’s office market

Recent leases suggest companies positioning for Alto rail line
Hitachi Rail, a maker of products for high-speed rail lines, leased 126,000 square feet at 100 Consilium Place in Toronto’s Scarborough neighbourhood, part of leasing that suggests government programs are affecting office demand. (CoStar)
Hitachi Rail, a maker of products for high-speed rail lines, leased 126,000 square feet at 100 Consilium Place in Toronto’s Scarborough neighbourhood, part of leasing that suggests government programs are affecting office demand. (CoStar)

Canada’s push to revive economic growth and improve productivity, including a massive investment in upgrading the country’s infrastructure, may be starting to leave a footprint on commercial real estate.

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