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  • 10May

    More Office Space Coming to Toronto

    Serviced Office, Toronto downtown office space, Toronto Office Space No Comments

    A few years ago, I read that Toronto’s office space market was in a stable, tenant-favouring situation (according to one office realtor’s GTA office-space report). They claimed that the average vacancy rate had continued to hover at approximately 6.5 per cent while average asking net rent was declining. They even went on to say that the Toronto office space market absorbs the new supply of office towers, and with no major new supply anticipated in the near future, the company forecasted a reverse trend towards a landlords’ market by 2011 or 2012.

    It was interesting that they did not mention anything about office business centres in Toronto; they only talked about office space for lease in Toronto. With the last downturn in the economy, it seems that smaller businesses were starting up and growing faster than bigger businesses. Many smaller businesses that are looking at Toronto office space are beginning to shy away from traditional office space and instead are looking at renting serviced office space at office business centres that take the risk out of leasing office space.

    Then I read an article today that says Toronto’s downtown office space market appears poised to explode again with construction, as the commercial office space real estate industry is waiting for that one spark to kick-start the office leasing sector.

    This recent article puts its credibility behind rumours of continued speculation that a major office space developer will begin a new round of aggressive building in the country’s largest office-for-rent market. The speculation was that that it will go ahead with the second tower for another project that provided much of the stimulation for a round of construction when its first tower was announced back in the mid-2000’s. Another development in the downtown core may not attract the higher-end tenants who are looking at lower-priced space outside the core.
    It is not surprising, with office rents in the core of the Toronto financial district remaining high, that many office space for lease seekers are now looking outside the core for a better deal in a newer office building development – or in a lower-priced office space that already exists downtown.

  • 07May

    Having An Office Space near Toronto’s Port Lands is becoming popular

    Office Space Toronto, Toronto Office Space No Comments

    While Toronto’s Harbourfront has been developing for many years, it has only been in the past few years that developers have started looking at the Eastern Port Lands. It began when Toronto Port Lands Company (TPLC) decided to develop the first building directly on Toronto’s waterfront to achieve LEED certification. LEED (Leadership in Energy and Environmental Design) certification consists of a suite of rating systems for the design, construction and operation of high performance green buildings, homes and neighborhoods. The new building was to house the radio and television studios and office space Toronto for primary tenant Corus Entertainment.

    Right next to Corus building, TPLC is constructing a new campus for George Brown College. Another Port Lands office space development is set to break ground this summer. The primary tenant has still not been announced. Most suspect that it will be a company looking for a building with not only the cool address, but a building that is state-of-the-art and green-friendly.

    Some of the companies who were looking to move their Toronto offices space downtown are now looking more closely at the opportunities that the Port Lands offer. One of the biggest pluses for being south of the railroad tracks and the Gardiner Expressway, is the quick access to the highways out of downtown.

    Even companies who want to be close to the Port Lands and do not want traditional office space Toronto have a great opportunity by renting Toronto serviced office space at Telsec Business Centres. Telsec’s location on the 18th floor of 1 Yonge Street offers the convenience of the Port Lands and breathtaking views of the Toronto harbour and Lake Ontario. They also offer views of the downtown core to the North, Harbourfront to the West and the Port Lands to the East. Most importantly, not only has the building been retrofitted with Green technology, but Telsec Business Centres does its part in being Green-Friendly at work.

     

  • 30Apr

    Maybe It is Time For the Royal Family to Have a Toronto Office Space

    Office Space Toronto, Toronto Office Space, Toronto Virtual Office No Comments
    Toronto office space

    Toronto office spaceFor the fourth time in four years, Canada will be hosting royalty. I heard someone say with the news that this spring Prince Charles and Camilla will be visiting Toronto, that maybe it is time for the Royal Family to open an office space Toronto to co-ordinate all these frequent visits. Some even say they should have their own merchandising department in Toronto to approve and collect royalties on the various trinkets, bobbles and replica Queen’s Diamond Jubilee medals that many enterprising Canadians will be selling during the Royal Visit.

    When Prince Charles and Camilla arrive in Toronto, they will be greeted by emergency response workers before viewing a Victoria Day weekend fireworks display over Lake Ontario. If they had a Toronto office space at Telsec, they could comfortably watch the fireworks from the 18th floor of the Toronto Star Building.

    While in Toronto the Royals will be handing out the Queen’s Diamond Jubilee medals — awards created to commemorate six decades of Elizabeth’s reign. The Duchess will get her first chance to visit the Queen’s Own Rifles, a regiment for which she has just become colonel-in-chief. Also on Charles’ and Camilla’s itinerary in Toronto is a bicentennial commemoration of the War of 1812. With just those events alone, their staff will need a downtown Toronto office space to co-ordinate all their appearances.

    News of the Royal Visit overshadowed the fact that former Canadian and Member of the House of Lords Conrad Black, may not be allowed to return to Canada. Therefore, Lord Black will have to miss the Royal Tour visit to Toronto. This is mainly due to the fact he renounced his Canadian citizenship and has since acquired a criminal record for fraud.  The Canada Border Services Agency says most criminal convictions make people inadmissible to enter and stay in Canada. This is particularly true of non-citizens.

    So it looks like Prisoner no. 18330-424 (as Lord Black is currently known) may get out of prison this Friday, but he may have to wait 5 years until he is able to return home to Canada or rents a Toronto office space. It seems that people with “previous criminality” need to apply for a rehabilitation before they can be admissible for permanent residency to Canada – but they have to wait five years after the completion of their sentence. I am sure that he can open a Toronto virtual office and conduct business while living in the USA or Great Britain.

     

  • 20Apr

    The 1000 AWESOME Things Talked About Around my Toronto Office Space

    Downtown Toronto Office Space, Office Space Toronto, Toronto Office Space No Comments

    The buzz around my Toronto office space on Thursday was how Neil Pasricha concluded his blog that was a list of 1000 things “AWESOME”.  It all began on June 20, 2008, when Neil set out on a mission to write 1,000 blog posts. Each of his weekday blogs was to chronicle of one awesome thing and count down until he hit #1.

    After launching “1,000 Awesome Things”, he started to get some attention from his friends and colleagues, but it really gained traction 20 posts in, when post 980 was linked to on a site called Fark.com. His blog’s popularity began to snowball further after Wired Magazine wrote about his blog and called post 980, which was titled “Old, dangerous playground equipment”.  Pasricha probably had no idea when he started his blog that it would lead to three books (two of which became international best sellers) and an app for smart phones. He even won a Webby award in 2009 for Best Personal or Cultural Blog.

    In hindsight it is hard to imagine that a blog about AWESOME would get over 30 million hits just for the topic of AWESOME.  I am sure many other bloggers are saying that they could have done that – they could have cashed in on the keyword AWESOME and wrote three books. The fact is they did not do it, Neil Pasricha did, while still keeping his Toronto office job at Walmart.

    In blog “#255 That guy who brings treats to work on Friday”, he talks about the 5 ways everyone in his Toronto office space finds out there are treats in the office. Unlike his office space, the treats in my downtown Toronto office space are not placed by a co-worker, but left out and announced by someone working for another company. When someone brings in treats they wish to share with other people who rent office space Toronto at Telsec Business Centres, they leave them in one of the two shared kitchens (where we all get our complimentary coffee, tea and filtered water) with a note telling people to share.

    Office space Toronto TimbitsAt my office space Toronto, there is one person who will randomly leave a fresh box of Timbits in each of the kitchens, but no one seems to know who it is and why. I have talked to the staff at the Tim Hortons on the fourth floor of the building to see who the mystery person is, but they are hush. They do not want to lose a customer. Yes, even with the AWESOME complimentary coffee and tea available in the office, some people are still drawn to get their Tim Hortons fix at the CafeOn4. I will admit that I often slip down to CafeOnF4 for lunch and sometimes I will go down there for an IceCap, when I am not in the mood for just my free Hazelnut coffee (Yes, I love my complimentary hazelnut coffee in my Toronto office space).

    My last comment is more of a question… How many things could people say was about their AWESOME Toronto office space?  I think I could list 20 or 30 and that is not including having the AWESOME address of 1 Yonge Street.

  • 17Apr

    Small Businesses like those who Rent Toronto Office Space at Telsec are Driving Canada’s Economic Recovery

    Business Centre, Toronto meeting rooms, Toronto Office Space No Comments

    It is not government bailouts or consumers tightening their belts or even government stimulus money that has helped pull us through this global meltdown. It was small businesses that were prepared for the downturn. Many small business owners knew there was an economic downturn coming, but they did not know when. To prepare for a bad economy, a lot of smart small business owners made sure to get their debts under control and manage the resources they had control of.  One such way that some businesses decided to best use their resources and manage their costs was to abandon the traditional office model and move to an office business centre.

    By moving away from a traditional office model, they were able to eliminate capital costs of office furniture, leasing or purchasing photocopiers as well as a telephone system (also not requiring to pay the salary of someone to answer the phones). They also were able to save by not paying rent on office areas that were not always in use or were not contributing to company income. While boardrooms and meeting rooms can be important to conducting business, the truth is that many boardrooms and meeting rooms in a traditional office are often the most underused areas and the business still needs to pay rent on that space. When a business rents a Toronto office space from Telsec, they do not pay extra for the use of the many boardrooms and Toronto meeting rooms – they are free for clients to use.

    Rent Toronto Office SpaceAnother reason that small businesses are walking away from the traditional office model is to make their costs and expenses more transparent so they can better budget and predict what their cash flow needs to be. Administrative costs can often take a company off course, especially when hiring administrative staff and not having enough work to keep staffers productive. At an office business centre like Telsec, a company can find many services on an a-la-carte basis at reasonable prices. There is no hiring or training costs associated with having a staff member.

    Some of the services offered or arranged at Telsec include:

    • Accounting – Petty cash records,setting up and maintaining accountancy packages and taxation.
    • Administrative Support – Expert Secretarial for filing, speed typing, Dictaphone, presentations, desktop publishing and database compilation.
    • Binding – Professionally bound and delivered by one of our staff to your office ensures effective use of your time.
    • Bookkeeping
    • Catering – When organizing a meeting over breakfast or lunch, a variety of menus are available for selection.
    • Graphic Design
    • Photography
    • Web Design
    • And Many More
  • 12Apr

    The New Old Boys’ Club Is Being Run By Women

    Office Space, Toronto Office Space No Comments

    While only 12 of the Fortune 500 companies are run by women, there are a lot more large corporations that are run by a woman. Women are slowly making their way into senior executive positions and in the seats of big boardrooms, but many say that more is needed to get women into those top positions.

    When you look at medium and small sized companies, the numbers of women entrepreneurs is rising and their businesses are growing faster than those of their male counterparts. One just needs to look at business centres like Telsec and see the number of Toronto office spaces that are rented by companies that are owned or run by women – and many others have women in senior positions. In fact, the Vice President of Telsec is a woman.

    In a recent article in Forum (The Magazine of Influence for Financial Advisors) called “the New Old Boys’ Club: Women advisors are redefining the profession”, many of the women (who are some of the top financial advisors) recognized that there is an old boys’ club, but were still making inroads.  One even insisted that men who traditionally worked with male financial advisors were re-thinking their position on women as financial advisors when they saw what some were doing for their friends.

    After some investigation, I found that there are 2 women who have their office space Toronto at Telsec that are independent financial advisors. There are 15 office spaces that are rented by companies that are run by women and 8 Toronto office spaces that are branch offices run by a woman. It is not surprising that the numbers of woman-controlled companies and organizations are choosing to make the smart choice of having Toronto office space at Telsec. They know what they want and they ask for it… and Telsec delivers what they want and need in terms of office space requirements and additional administrative needs.

    Currently, over 47% of the workforce in Canada is women and almost the same percentage are women entrepreneurs. Telsec wants to work with and help women who are starting their own business and need the right place to grow.

  • 09Apr

    Taking Office Space Toronto Photos

    Office Space Toronto, Toronto Boardroom Rentals, Toronto Office Space No Comments

    We have a number of photos on our website that are of our Toronto office space building and interior. Most of the photos that appear on our website have been purchased for use from the photographer or are commissioned photos that we have full rights to.

    All of the interior shots of our Toronto executive offices are commissioned photos that we have paid the photographer to do. All of the photos of the Toronto waterfront that include our building have also been commissioned photos to showcase the location of our office space Toronto. There are also a few photos of the Toronto Island Airport and other aerial photos that have been purchased from stock photography agencies.

    Recently, our staff photographer did a specialized web search of where our photos were being used and found that other websites are indeed using photos of our office space Toronto and claiming them as photos of their own space. As comical as this may sound, they are lying to their potential clients who are looking for Toronto office space. It would be a disappointment to show up at an office space location and not see an office that resembles the one in the photo. With Telsec, when you see an office space photo or a view from an office, it is what you see. Our photos are often updated when the view from that particular office changes. We want you to see what you are getting and not what we think you want to see.

    Speaking of updated photos, this past fall our lobby area was renovated and we updated the reception photos. When our boardrooms were updated with new flat screens a few months ago, we made sure we updated the photos of our Toronto Boardrooms for rent photos.

    Most often the newer photos we get of our Toronto office space will appear first in our blog or tweets before making their way to the www.telsec.net web page.

  • 23Mar

    A Toronto “Office Space” theme Party

    Office Space, Office Space Toronto, Toronto Office Space No Comments

    Yesterday I received a very odd piece of mail at my Toronto office space. There was no return address on the envelope only an Initech logo (yes the fictitious software company in the movie “Office Space”). What made the envelope weirder was that it was stapled shut.

    When I finally opened the envelope, I found a pink slip of paper that had been purposely wrinkled to look like it had been scrunched up and thrown away. It had my name on it and it was a notice to inform me that my services at Initech would no longer be needed. Stapled to the pink slip was a letter.

    The letter explained that it was an invitation to an “Office Space” themed party sometime in mid April. I was impressed that the pink slip had been personalized by inserting my name; I was even more impressed that the letter was quite personalized. It explained that the reason I was being invited was because the party organizer was a follower of my blogs (http://telsec.net/blog/), tweets @TelsecDotNet (https://twitter.com/#!/TelsecDotNet) and facebook (https://www.facebook.com/OfficeSpaceToronto) postings. They especially liked that I had written a lot of humour connecting or disconnecting Office Space Toronto from the movie “Office Space”.

    The letter further explained that the company hosting the party was updating a bunch of equipment, so they decided to have an “Office Space” themed party and smash all the old stuff behind their warehouse. Unlike the printer smashing in the movie, all of the parts and pieces would be separated and recycled appropriately.

    Unfortunately, the location of this “Office Space” party is in Vancouver (Washington) and my schedule with customer meetings at my downtown Toronto office space does not let me leave in April. I sent my regrets and asked if they would mind me trying to organize a similar style “Office Space Toronto” party complete with pink slip invitations. They replied that they would be honoured to see a similarly inspired party.

  • 30Jan

    How much PROFITABLE time do you spend in your Toronto office space each week?

    Toronto Office Space, Toronto office space for rent No Comments

    Here are some surprising facts from Human Resources and Skills Development Canada. Canadians are actually spending less time working! In 2010, employed Canadians were working fewer hours on average each week compared to three decades earlier. Canadians worked 36.2 hours per week on average which was down from 38 in 1976. This seems incredible because many groups, especially self-employed people renting Toronto office space, are constantly busy and under tremendous stress just to keep their heads above water in this flat economy.

    This includes those who have a Toronto home office set-up – or who work out of a Toronto commercial office space, Toronto executive office space building, small Toronto office space business centre or who use Toronto shared office space for a landing office (ideal for salespeople). More importantly, Human Resources and Skills Development Canada tells us that, not surprisingly, the amount of time spent at work affects the time available for other activities, such as rest, caring for family members, learning, leisure and so on.

    Perhaps part of the reason is that, while we may indeed be working fewer hours, those hours are much more labour-intensive and must be much more productive in order to survive. Given this situation, when you’re considering your ideal Toronto office space options, you should ask yourself the following questions: Does your Toronto office space for rent location offer all the basics of a full-service business centre? Does it look after all the small details so you can spend your shrinking time at work actually running your business in a more productive mannner?

    Time is money – and if Canadians are working fewer hours overall, this time must be spent to maximize profits. So, regardless of whether you have your eye on a Toronto executive office space for rent, a basic small office space for rent in Toronto, or even a Toronto shared office space for rent, consider if it has:

    • Professional telephone answering

    • 24/7 access to a secure building

    • Easy, inexpensive parking and/or proximity to public transit

    • High-speed internet, wi-fi, tele-conferencing, web hosting, etc.

    • Boardrooms and meeting rooms – plus on-site training facilities

    • Elegant reception area and finely appointed offices

    • Fax, printing, shipping, secretarial, ad agency, courier and other essential services

    Now if you are one of those Canadians who are working more average hours in your Toronto office space location, then consider being in a business centre environment that looks after every meticulous detail for you – so you can be more efficient, create more profit and even free-up some leisure time? Think about it!

  • 24Jan

    Kung hei fat choi From Telsec 农历新年

    Office Space Toronto, Toronto Office Space, Toronto Virtual Office No Comments

    As I was driving into my Toronto office space this morning, I heard a radio announcer trying to say Kung hei fat choi, but his pronunciation sounded a little off, it sounded like he was saying “Gung Hei Fat Choy “. So I asked one of the Mandarin speaking office space Toronto clients what the proper pronunciation was. He told me that neither was the Mandarin way of saying Happy New Year (not an exact translation). It seems that  “Xin Nien Kwai Le” is the Mandarin way. He went on to tell me that his wife is from the Philipines and her family is from the Fujian province of China, where they speak a Chinese-Filipinos dialect called Hokkien. The Chinese-Filipinos say Kiong Hee Huat Tsai.

    He also informed me that much to many North Americans’ dismay, Kung hei fat choi (in Cantonese), Xin Nien Kwai Le (in Mandarin), and Kiong Hee Huat Tsai (in Hokkien [Chinese-Filipinos dialect from Fujian province]), do not mean “Happy New Year”. But instead, they all refer to the same set of 4 Chinese characters (农历新年) that literally means “Congratulations and wishing you prosperity!”

    The client had to leave for a meeting, so our conversation was left at that. I decided to do some more research. I found out that Cantonese is one of the 9 other groups of dialects in China and is most commonly spoken in Hong Kong, Guangdong and Macau, but Mandarin is the most largely spoken dialect in mainland China. What was more interesting is that regardless of the dialect spoken there are two written forms of Chinese – Traditional and Simplified characters.

    This got me to thinking, how would one say office space Toronto in Chinese? So, I turned to the internet to find some answers. As it turns out, Simplified Chinese characters were more commonly used in business on the Internet. A quick translation from Google let me know that “office space Toronto” translated to 多伦多办公室空间 in simplified Chinese characters.

    When I mentioned the research I had done to one of the Telsec staff, she told me that Telsec actually had a few Toronto virtual office clients that were located in Hong Kong. So I went back to Google to find out what the simplified Chinese characters were for virtual office Toronto. I found out that the translation was多伦多的虚拟办公室.This did not look the same as my previous translation, so I tried translating Toronto virtual office and found that the Simplified Chinese characters 多伦多 turned out to be Toronto.  Regardless of the order I asked for the words to translate, Toronto seemed to be the first. I had to find out more, so I asked Google to translate “downtown Toronto office space” and got 多伦多市中心的办公空间 , the characters多伦多 were still the leading characters. One last experiment, what if I left off the capital letter T in Toronto?  Turns out is still put those same three characters at the beginning.

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