‘Flight to quality’ office space fuels dip in vacancy rate for first time since 2019: CBRE
The city’s overall office vacancy rate fell to 9.7 per cent, marking the first net absorption of office space in the capital since the fourth
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David Sali
Dave is OBJ’s senior writer and editor 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.
Ford to open 531,000-square-foot distribution centre in Casselman
Automaker will be anchor tenant in new 1.1-million-square-foot industrial hub off Hwy. 417 east of Ottawa.
Big screens, big deal: Ross Video acquires California LED tech leader D3
U.S. firm’s big-name customer list includes ABC Studios, MLB Network, the Gap, Victoria’s Secret and the Smithsonian Institution.
PwC acquires Ottawa IT firm Avaleris in bid to boost cybersecurity offerings
“It seemed to be the right time (to sell),” Ottawa firm’s CEO Ron Mac Donell said. “It was all very natural.”
Social commerce platform Millions.co gets millions in VC funding
Ottawa-based sports marketing platform announced this week it has scored $US10-million in series-A financing from a group led by Boston’s Volition Capital.
Rewind on a roll: Ottawa software firm lands US$65M series-B round
Data protection software company raises its 2021 funding haul to US$80-million as it looks to push into new markets.
Bayshore stake sold in deal that values shopping centre at $387-million
KingSett Capital is now sole owner of the region’s second-largest shopping mall after purchasing Ivanhoe Cambridge’s 50 per cent stake in the west-end plaza.
Business advocate Wood, prominent chef Vettorel among Algonquin’s 2021 Alumni of Distinction
The awards, which honour 10 alumni for outstanding professional and community contributions, will be presented in a virtual ceremony on Sept. 30.
Celtic House, Shopify’s Lütke among bevy of big backers for Canvaspop founder’s new venture
Nazim Ahmed lands $3 million in seed funding for platform to help entrepreneurs produce personalized products such as T-shirts and artwork that feature photographs provided
Head of the class: LearnExperts has high hopes for AI-driven course-creation software
Startup lands $1.25-million in seed funding for platform designed to cut the time it takes to create corporate training courses from months to days.
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