Miami’s office market continues to be dependent on coworking firms to fill their spaces, but some landlords are concerned that their absorption rate is becoming too much.
Spaces to massively expand its footprint in Canada
Amsterdam-based coworking operator Spaces and its owner IWG Canada have announced nine new office locations across 375,000 square feet in Canada this year.
The largest of the nine, Space The Will, will be 127,000 square feet in Toronto and is set to open in 2022. Other locations will be in Vancouver, Montreal, Victoria and Kelowna.
“Our Canadian expansion is about offering choice through an unparalleled network of office, co-working and meeting spaces,” said Wayne Berger, CEO of IWG Canada and Latin America. “It’s also about bringing together creative communities and growing in the most stunning and unique buildings in the country.”
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Regus, another IWG company, will also be opening two new locations in Victoria and Barrie and expanding their existing Toronto Exchange Tower location in 2019.
Spaces also recently announced that Deloitte will be the sole tenant of its new Vancouver Spaces Granville location.
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