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Low Office Operating Costs

Highly Competitive Cost for Office Space


Canadian office space and industrial buildings are available at globally competitive rates.

Most available inventory accommodates advanced communications and information technology systems and is located close to major transportation routes.


Source: Colliers International Inc., Global Office Real Estate Review, 2008 (5/2008)

Top Class A Annual Gross Rent, 2007**
 City $US/sq.ft./year
 Hong Kong 305.57
 London * 287.77
 Tokyo * 203.56
 New York * 190.00
 Paris 125.72
 Dublin 116.70
 San Francisco 100.00
 Zurich 80.37
 Los Angeles 80.00
 Milan 75.16
 Calgary 73.23
 Toronto 70.72
 Washington 70.00
 Vancouver 68.23
 Chicago 59.00
 Ottawa 51.54
 Montreal 51.38
 Houston 42.41
 Philadelphia 37.50

NOTES:
* Prices for New York Midtown, Tokyo Central Wards and London West End.
** As of December 2007




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Last Updated: March 25, 2009