Non-Residential

The Churchill Office Park at 1600 Carling Ave. – best-known for being the headquarters of graphics software pioneer Corel during the company’s heyday more than two decades ago – has been put up for sale by Manulife Investment Management.

With tenants ditching office space across the city, the real cost of rent is falling to levels...

A new report by Colliers Canada predicts the national office vacancy rate could peak at approximately 15 per cent by the end of 2024 as the rise of hybrid work models prompt companies to reduce their office space.

The Marriott Ottawa has been sold to Toronto-based Manga Hotels Group in a deal that closed last week. The purchase price was not released.

Sarah Vandenbelt has joined the Paradigm Commercial Group of Companies as founder and CEO of Paradigm Commercial Real Estate and Brokerage, the firms announced last week.

Ottawa’s industrial vacancy rate more than doubled in the second quarter compared with a year earlier as some tenants began moving into newer buildings with smaller footprints, Avison Young says in its latest market report.

Carlingwood Shopping Centre, which opened in 1956 and now contains the country’s largest Canadian Tire store, has been put on the market.

Ottawa’s office vacancy rate continued to climb in the second quarter, CBRE said in its latest Canadian market report, with the downtown office vacancy rate surpassing 15 per cent for the first time since the company began tracking the statistic in 1996.

With the Ottawa Senators’ ownership situation seemingly now settled, speculation is turning to where the team’s next home rink might be located – and the concept of building a new arena in the heart of downtown is gaining steam.

A growing wave of intensification near LRT stations in Ottawa’s east end is poised to continue with a plan to build a hotel near the Taylor Creek Business Park in Orléans.