Trinity Development Group said Wednesday it plans to build a one-million-square-foot mix of office, retail and residential space on the northeast corner of Gladstone and Loretta avenues
'It is the type of property that’s highly sought-after across the country,' said Cushman & Wakefield Ottawa's Nathan Smith, who helped broker the deal
The Ottawa Real Estate Show broadcast a series of interviews from this year's Ottawa Real Estate Forum covering office vacancy rates, the industrial market and development opportunities.
The deal brings Morguard’s managed real estate portfolio in Ottawa to more than five million square feet.
With development land and existing buildings in close proximity to several east-end light-rail stations, some say government and private-sector tenants could soon be giving the area a closer look.
Ottawa’s commercial real estate professionals and other industry watchers are among the most confident in their local market compared with their peers from across the country, according to PwC
Ottawa’s largest independent commercial real estate brokerage has been sold to a U.S.-based industry giant.
Avison Young notes that the pace of activity thus far in 2018 has been greater year-over-year across most asset classes, with $610 million worth of property changing hands.
Wesley Clover officials say as many as 25,000 people would be expected to attend each day of a country music festival Live Nation Canada is reportedly proposing for the site on June 29 and 30, 2019
Business group calls for regular updates on multibillion-dollar project after survey points to widespread ‘concern’ about plan’s long-term prospects