Oakville as an office location has everything necessary to attract businesses and make them flourish in success. Hosting a range of renowned firms and brands like IBM, Deloitte, Amazon, PwC, Accenture, etc., the town promotes its reputation of a favourable commercial location in Ontario. The office space market in Oakville boasts a range of core and flex solutions, totalling millions of square feet of sophisticated workspace. Entrepreneurial activities boom in Threes - the town’s distinct and highly-recognisable business areas - Kerr Village, Downtown, and Bronte Village. Thus, the majority of office space for rent is placed in these areas of Oakville. Class A office spaces in Oakville are in the highest demand among tenants. At the same time, they are the most-expensive suites not only on the territory of the town but also within the Oakville-Hamilton-Burlington zone. The fees for such premises exceed $20 per sq.ft. per year; while the average price for office rental in Oakville is $18,3, accordingly. The vacancy rate is 8,6%.
