Ottawa’s retail vacancy rate hits new low as population grows, development slows: report
Ottawa’s retail vacancy rate fell to its lowest level on record in 2023 as in-store shopping boomed in the city’s fast-growing suburbs and soaring construction
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David Sali
Dave is OBJ’s senior features writer with two decades of experience in the newspaper industry working for a variety of publications from community weeklies to major dailies. He is a four-time award-winning journalist by the Alliance of Area Business Publishers (AABP). He has received awards for best news feature, best scoop and best overall writer among medium-sized business publications.
Embattled Ottawa software firm Leonovus sells assets to Delaware company for $2.5M
Leonovus announced this week that Delaware-based Cylentium Research Ltd. has acquired the Ottawa company’s software and intellectual property.
Rents rise in 2023 as Ottawa’s vacancy rate holds steady at 2.1%: CMHC
A record number of new rental units were completed in Ottawa last year, helping offset growing demand for apartments as the city’s rental vacancy rate
Asian restaurant to take over former Rideau Street McDonald’s location
The building at 99 Rideau St. that was home to a McDonald’s restaurant for nearly four decades has been leased to an eatery that will
Aegis Brands selling Bridgehead coffee business to Pilot Coffee Roasters for $3.5M
Aegis Brands Inc. has signed a deal to sell its Bridgehead coffee business to Pilot Coffee Roasters for $3.5 million.
Negotiations underway to turn former Chapters on Rideau St. into an events venue
An organization in the “hospitality and entertainment industry” is eyeing a proposal to convert the former Chapters building on Rideau Street into an events venue,
NCC teams up with developers Avenue 31, Cogir to plan housing project on LeBreton Flats
The National Capital Commission said Thursday it is in talks with Ottawa real estate firm Avenue 31 and Montreal-based developer Cogir to build at least
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