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...ement and Organizational Studies from the University of Western Ontario.&nb... ...ensive knowledge and appreciation for the challenges that face many of his ... ...e, Gord specializes in leasing office space in Toronto's Financial Core, Midtown and Brick & Beam markets.  Gord’s cor...

... Area Overview Situated on the shores of Lake Ontario, Toronto is the capital of the province of Ontario and, with a population of more than 2.6 million, the largest city in Canada and the fifth largest in North America. Including the surrounding suburbs, the Greater Toronto Area has more than 5.5 million residents. This number is expected to grow to nearly 7.5 million by 2031. Diversity and multiculturalism are hallmarks of Toronto life, with nearly 50% of city residents born outside of Canada as of the last census. More than 180 languages and dialects are spoken by Toronto’s citizens, offering employers a labour pool well-suited to doing business around the world.Toronto is considered the financial capital of Canada – home to more corporate headquarters than any other Canadian city, along with the country’s five largest banks, many of its largest insurers and pension plan funds, and the Toronto Stock Exchange, which is the second largest in North America and lists more energy and mining stocks than any other in the world. In addition, the city is an important base of operations for publishing, media, telecommunications, film production and information technology.MarketsOfficeToronto is Canada’s largest office market, and among the five largest in North America, with inventory in excess of 168 million square feet. Toronto’s office market houses a diverse tenant base, including financial and professional services, law firms, and the head offices of resources and mining companies. The last five years have seen a revival in development projects in the city’s downtown, expanding the traditional boundaries of the district as new building sites have been located both within and just outside the downtown core. Office submarkets along the subway lines in midtown and at the north end of the city offer good alternatives within the city limits, while the suburbs also boast a wide selection of spaces.RetailWith more than 5 million consumers in the Greater Toronto Area, the city’s stock of retail real estate has historically enjoyed low vacancy rates and stable rental rates. Regional malls and big-box centres scattered across the region augment the city’s smaller plazas and local shopping amenities. As Canada’s largest retail market, Toronto has attracted the attention of retailers from around the world. Over the past five years, high-end retail chains have contributed to the up-market transformation of the posh Bloor-Yorkville area, creating the city’s premier designer-brand shopping district.IndustrialWith more than 850 million square feet of space, the Greater Toronto Area industrial market is Canada’s largest and among the top three on the continent. Traditionally part of the manufacturing heartland, the area is undergoing a transition from manufacturing to a focus on warehousing, logistics and distribution, with some of the largest logistics and supply-chain management companies operating facilities in the area. With 120 million people living within a 500-mile radius of Toronto, the city benefits from its proximity to the most densely populated part of Canada and the United States, the 400-series highways, cross-border railway distribution lines, and air and sea cargo connections to the rest of the world.InvestmentToronto, like the Canadian market overall, is viewed internationally as a safe, stable and transparent place to invest, and thus has attracted attention from foreign buyers. Given the institutional-grade quality of assets in the city, the size of the market and the high profile it enjoys among the international commercial real estate investment community, it is not surprising that Toronto captures the lion’s share of dollar volume in the Canadian investment market.Avison Young in TorontoAvison Young’s presence in Toronto began with the founding of Avison & Associates in 1989 and has grown steadily ever since. Avison Young’s brokerage team in Toronto has consistently completed major leasing and investment sales transactions involving all types of assets on behalf of tenants, landlords, vendors and buyers alike, including many large national and international corporate clients. As Toronto serves as the national headquarters for many corporations, Avison Young’s Toronto office frequently partners with the company’s brokerage operations in both Canada and the United States, collaborating on transactions for branch offices, distribution and retail facilities across the continent. Media contacts...

...ons Corner is centrally located in Northern Virginia, which comprises Arlin... ... Loudoun, Prince William counties and the cities of Manassas, Falls Church,... ...addition, Tysons Corner forms part of the Washington Metropolitan Area, which includes the District of Columbia and surrounding counties in Suburban Maryland and Northern Virginia. The Metropolitan Area is the ninth largest urban centre in the United States with more than 6 million residents, and boasts one of the lowest unemployment rates in the country. When combined with Baltimore and its suburbs, the Baltimore-Washington Metropolitan Area has a population exceeding 8 million residents, the fourth largest in the country. Northern Virginia plays an important role in the region and has one of the best-educated workforce within the United States. The federal government accounts for approximately one-third of the region’s economy; however, Washington has a growing, diversified economy with an increasing percentage of professional and business service jobs. Top employers include those in the fields of energy, information and communication technology, aerospace, defense, security and intelligence, and biotechnology. The Washington Metropolitan Area also has growing industries not directly related to government, especially in the areas of education, finance, healthcare, hospitality, public policy, and scientific and medical research. George Washington University, Georgetown University, Washington Hospital Center, Howard University, and Fannie Mae are the top five non-government-related employers in the city. A total of 18 Fortune 500 companies’ headquarters are located within the Washington Metropolitan Area. According to the Greater Washington Board of Trade Report, the nation’s capital receives considerable amounts of foreign direct investment from the United Kingdom, Western Europe, and Canada. In addition, Japan, India, Israel, and South Korea are amongst the top countries with companies operating in the region.MarketsOfficeNorthern Virginia has more than 160 million square feet of existing office space and is the largest of the three jurisdictions that make up the Washington Metropolitan Area. The entire Washington Metropolitan Area, which encompasses the District of Columbia, Suburban Maryland as well as Northern Virginia, comprises more than 360 million square feet of existing commercial office space.RetailBlessed with the highest real income and spending power of all the major metro regions within the U.S., Washington-area residents support a diverse and thriving retail market. The region contains more than 280 million square feet of retail space of all types, ranging from lively urban scenes in Georgetown, Adams Morgan and Bethesda to high-end shopping areas, including the Tysons Corner Center, the largest shopping mall in Virginia.IndustrialThe Washington region’s industrial market comprises nearly 200 million square feet with core industrial locations along the I-95, the major north-south access corridor of the Eastern United States, and near Dulles International Airport.InvestmentThe Washington region remains one of the most sought-after investment locations in the U.S. It tops many investors’ lists due to its overall stability, long-term performance and the presence of the federal government.Avison Young in Tysons CornerAvison Young opened its Tysons Corner office in 2010 as part of the company’s acquisition of Appian Realty Advisors LLC, a Northern Virginia-based agency leasing, tenant-representation and project-management firm. Appian has since been rebranded as Avison Young. In 2011 Avison Young acquired Millennium Realty Advisors, also in Tysons Corner. With this latest acquisition, Avison Young achieved another milestone in the company’s aggressive U.S. expansion program while increasing the firm’s presence in Northern Virginia and leveraging the firm’s offerings to the rest of the region. Due to the U.S. Capital Region’s key geographic...

...n 1847, Atlanta owes its existence to the railroads. Located at the southern extremity of the Appalachian Mountains, Atlanta became the gateway through which most traffic had to pass between the southern Atlantic Seaboard and regions to the west. Today, Atlanta is a major business city, which boasts the country’s third largest concentration of Fortune 500 companies; and home to the world headquarters of corporations such as the Coca-Cola Company, Turner Broadcasting, The Home Depot, AT&T Mobility, UPS, and Delta Air Lines. The city is also the primary transportation hub of the Southeastern United States (via highway, railroad and air), with Hartsfield-Jackson Atlanta International Airport being among the world’s busiest airports and providing Delta Air Lines with the world’s largest airline hub. Atlanta consistently ranks as one of Fortune Magazine's Top 10 Best Cities for Business. Business environment and quality of life also consistently place Atlanta at the top of major U.S. metropolitan areas for working, living and playing. More than 75% of Fortune 1000 companies have business operations in the metropolitan area. Since 1990, more than 300 companies have relocated their U.S. or regional headquarters here. According to the U.S. Census, the 28-county Atlanta region population ranks as the fastest-growing metropolitan statistical area (MSA) in the nation. By 2020, the area is forecasted to be the sixth largest metro area in the country with a population of more than 7 million.MarketsOfficeConsidered a world-class business center, Atlanta’s office market totals more than 295 million square feet. The bulk of Atlanta’s office market centers along Peachtree Street, running from Downtown to Buckhead. More than 53 million square feet of space either exists or is under construction, proposed or planned in the submarkets that run along Atlanta’s prime address. In the last decade, businesses in Atlanta have absorbed, on average, more than 3 million square feet of office space annually. Downtown serves as home to more than 430 recognized Fortune 500 companies and 140,000 office workers employed in approximately 5,000 businesses – the highest concentration of businesses in the Metro Atlanta region.RetailWith nearly 350 million total square feet of retail, Atlanta has a lot to offer avid shoppers, ranging from large, affordable stores to upscale options to local, creative boutiques. Countless regional malls, outlet malls, and high-end lifestyle centers are spread throughout the metro area and are easily accessible. In addition to the almost 5 million shoppers living in the metro area, Atlanta’s retail market benefits from its proximity to the major I-75, I-85 and I-20 highways and the world’s busiest airport, which make it easy for people in the surrounding areas and states to visit Atlanta for a shopping/dining/entertainment experience.IndustrialAtlanta is the largest industrial market in the Southeast with more than 639 million square feet of space. Over the past decade, companies have absorbed 11 million square feet of industrial space annually. Key industries in Atlanta include petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber and mining. Major industrial areas include agricultural products, capital goods, telecommunications equipment, motor vehicle parts, office machines, electric power machinery and consumer goods. With three major interstate highways intersecting in Atlanta and an extraordinary concentration of rail systems, trucking companies, warehouse and distribution centers, Atlanta’s logistics infrastructure and capabilities are unrivalled. Over the past decade, the city’s industrial real estate sector has gained from the addition of more than 14,000 green jobs. With more than 43,000 green jobs in total, Atlanta ranks in the top-10 clean economies in the U.S.InvestmentThe city is a center for services, business, higher education, information technology, and finance. Atlanta’s strengths include a diverse economy, strong in-migration and population growth (more than 1.1 million new residents from 2000-2008), and a business-friendly environment. These factors have made Atlanta very attractive to foreign investors. The 2,000-plus foreign-owned business facilities in Metro Atlanta make up more than 80% of all international facilities in Georgia. International companies employ more than 115,000 people in the region.Avison Young in AtlantaLaunched in early 2010, Avison Young’s Atlanta office has grown to more than 60 employees with approximately 20 million square feet of property under management. Led by top professionals, the Atlanta brokerage has built a broad platform covering all industry sectors. Atlanta serves as the hub of Avison Young’s Southeast expansion, partnering with many of the company’s other U.S. offices on several projects. Avison Young’s Atlanta-based Southeast Capital Markets Group also works frequently with the firm’s Canadian offices, particularly Toronto and Vancouver, to assist Canadian investors with cross-border investments in commercial and multi-residential property located in the Southeastern and Sunbelt markets. ...