All told, tenants shed nearly 800,000 square feet of office space last year ​– the highest net negative absorption of real estate in Ottawa since 2002.
Firm said Monday it’s teaming up with Toronto-based Crestpoint Real Estate Investments to acquire 15 properties with a total of 614 suites in Canada’s third-largest city.
The region’s labour force ​– which includes unemployed people actively looking for work ​– stood at just under 782,000, well below last January’s pre-pandemic total of about 822,000.