Canadian companies paying premium rent in downtown Toronto towers are starting to look elsewhere. And what they’re finding is surprising. Office space inside regional shopping malls across Ontario is delivering lower occupancy costs, better amenities, and stronger employee retention than many traditional Class A buildings.
Download the whitepaper to explore why mall-based office leasing is one of the most overlooked strategies available to GTA tenants today.
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Office rent in Toronto is still among the highest in North America. A growing number of tenants are finding a smarter alternative, and it’s hiding in plain sight. Inside shopping malls.
From retail-to-office conversions in Ontario to adaptive reuse of former department stores, forward-thinking organizations are quietly locking in lower costs, richer amenities, and better talent access without sacrificing quality of space.
What’s inside?
ENCOR Advisors specializes in strategic commercial real estate advisory for growing enterprises seeking operational efficiency, competitive advantage, and alignment with evolving market opportunities.
From traditional towers and business parks to unconventional environments like malls and adaptive reuse projects, ENCOR helps organizations make location decisions that serve their people, brand, and long-term objectives.
