1ST QUARTER 2008
Average Lease Rates $28.00-$36.00 P.S.F Gross
For class "A" and "B" product
Average Tenant Inducement $25.00-$30.00 P.S.F.
The approximate vacancy in the sub markets varies as follows: Meadowvale 4%, Airport Corporate Center 4%, 427 Corridor 4% and Mississauga City Center 8%.
Depending on location, ceiling height, office component and quality of product the current rates vary from $5.50 to $7.50 net P.S.F.
Average Sale Price Buildings
Average Sale Prices-Land
Peel $475,000 per acre
Halton $350,000 per acre
Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.
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( BUS 905-828-3434
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