Quote:
Originally Posted by MonctonRad
Saint John already has a high office vacancy rate. What will it mean to the uptown area if 1,000 employees are consolidated into this new building?
|
Do we know for sure this 1,000 number is purely consolidated or is a % of it consolidated and a % of it new hires?
Quote:
Originally Posted by MonctonRad
This could be a big hit on the commercial real estate market in the port city. What will happen to the "Golden Ball" building?
|
300 Union (the larger building) is JDI, whereas the smaller Golden Ball building is indeed IOL. This subject is something that I postured earlier on, because there are three buildings in the Uptown now that currently house IOL employees.
On the other hand, one has to wonder about 91 King at King & Charlotte, as the property has been removed from Commercial Properties website. Unless i'm extremely slow and behind on news, it's no longer for sale.