Tenants trading up to smaller, more modern and well-equipped spaces are fuelling a widening gulf between the haves and have-nots in the National Capital Region’s office market, the new managing director of CBRE’s Ottawa office says.
According to CBRE’s 2025 real estate market outlook released Tuesday, there was no new inventory added to Ottawa’s retail footprint in 2024 and just 90,000 square feet of new construction the previous year.
Signiant announced this week that it has received a “majority growth investment” from Boston-based Battery Ventures, a tech-focused venture-capital and private-equity firm whose previous investments include online workplace-review platform Glassdoor.