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Microsoft buying land and retail in the GTA? What’s up with that? (Add Avison Young Logo)

SIOR Canada

When you think of Microsoft in the context of commercial real estate, you think of them as a global technology player and as an occupier in gleaming downtown high-rise office towers or sprawling suburban office campuses. However, Microsoft Canada recently pivoted from occupier to investor – acquiring a parcel of land and a retail property a month apart in the Greater Toronto Area (GTA). This has raised the question: Why?



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