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Survival Strategy For Class-B

Toronto Office
Survival Strategy For Class-B

Landlords of lower-quality Class-B office buildings may well fear the deluge of Class-A space coming online over the next few years in markets like Vancouver and Toronto. But repurposing or repositioning lesser office spaces to lure specific, niche industries could be the secret to survival, says Colliers' Curtis Scott, based in Vancouver. This may be a great fit for "landlords looking to tap into the growing trend of organizations looking for creative spaces... But it's important to understand that it restricts that building's use to a specific industry."

Related Topics: Curtis Scott