However, the commercial side of the market has recorded quite a comeback from the troughs posted in the early part of the recovery. [...] Depending on the data From a macro perspective, commercial real estate de- source, the national office vacancy rates are in the high mand also stems from the relative safety of the Canadian 7.0s%, a few tenths of a percentage point below the end-2011 market, as compared to other countries. [...] The data ity grades, given the desire for high-quality space and the indicate that there has been a greater degree of urbanization number of people willing to backfill the vacated units. [...] Almost all major urban national level, are coming in at 4% on a year-over-year centres saw these chains arrive, given their close proximity basis, well below the 6-7% seen before the recession and to transportation and logistics hubs and their share of the in the early part of the recovery. [...] The Atlantic may receive the run-up in the Canadian dollar which began in the early some spill-over benefits from the oil and gas sector and 2000s.