Serving the Waterloo, Kitchener and Southwestern Ontario area
WATERLOO, March 18, 2014
– Waterloo Region has been the focus of international attention as corporate real estate decisions have sent ripples through the market. Peter Whatmore
, Senior Vice President for CBRE Limited, hosted CBRE’s annual Southwestern Ontario Market Outlook Breakfast
in Waterloo this morning. He encouraged the audience to differentiate between headline hype and what is going on at street level.
View Press ReleaseView Market Outlook Breakfast Guest Speakers and Presentations2014 Canadian Market Outlook Released
WATERLOO REGION OUTLOOK: In the Kitchener and Waterloo areas, expectations are high that 2014 will be an active and robust year. Urban growth in the Kitchener and Waterloo area has been significant in terms of multi-residential and office developments, which is being largely driven by the tech sector and is expected to continue into 2014. In fact, there is an anticipated 400,000 SF of office space to be delivered in the next two to three years.
"This is not a one-horse town and the reality of the tech sector here is that we have 30,000 employees in 800 companies. In this mature market, I see opportunity ahead. No longer do I foresee anything that could be described as bleak."
- Peter Whatmore Senior Vice President & Executive Director, SW Ontario
Download the 2014 Canadian Market Outlook Report
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Welcome to the Waterloo Region office of CBRE, one of eight (8) offices serving the Province of Ontario and one of twenty (20) offices in Canada.
For the past thirteen years, the Waterloo Region office has provided a full range of real estate services to vendors, purchasers, landlords, tenants, developers and institutions in the Southwestern Ontario market serving the communities of Brantford, Cambridge, Guelph, Kitchener, Waterloo and Stratford. This market, encompassing a population base in excess of 500,000 people, ranks in the top three of Canada's metropolitan areas in terms of unemployment, participation and employment rates.
The cornerstone of all CBRE offices is our "territory system". The Waterloo Region office is divided into territories whereby every professional is accountable to provide current and accurate information in his or her territory on the availability of both land and building in the functional specialties of industrial, office, retail and investment as well as historical information relating to transactions for the benefit of our clients.
With 24 employees, including 16 Sales Professionals, the Waterloo Region office services the markets of Kitchener, Waterloo, Guelph, Stratford, Cambridge and Brantford.