Non-Residential

Deal underway for sale of Yangtze in Chinatown; likely to continue as restaurant, local sources say

The property that has been home to the Yangtze Restaurant for more than 40 years is in the process of being sold and is expected to continue as a restaurant under new ownership, the local BIA says.

Colliers’ office leasing transactions ‘back to levels of 2019,’ exec tells industry insiders

Warren Wilkinson, Colliers’ senior managing director in Ottawa, said this week the firm has already brokered 23 office lease transactions so far in 2024 and expects to top 80 before the year is out.

Former CBRE executive Brandon Yuke joins Proveras Commercial Realty

Brandon Yuke has joined Proveras Commercial Realty as a principal, the firm announced this week.

Demand for small-bay space continues to fuel Ottawa industrial market, brokerage firms say

Tenants continued to snap up smaller industrial spaces at a steady clip in the first quarter of...

Why Ottawa’s office vacancy rate might not be quite what it seems

Ottawa’s office vacancy rate dipped slightly in the first quarter as leasing activity picked up in the...

Ottawa continues to trail other major Canadian cities in office occupancy: Colliers

Citing data from research agency Environics Analytics, Colliers Canada said Tuesday that Ottawa’s office occupancy rate is currently at 54 per cent of pre-COVID levels.

Business leaders divided on feds’ plan to modernize Parliamentary Precinct

The federal government’s proposal to turn a two-and-a-half-acre site across from Parliament Hill into an office and retail complex is a “great start” toward revitalizing the Parliamentary Precinct, a prominent Ottawa real estate executive said Friday – but other business leaders say they’re not convinced the project will give struggling downtown merchants the boost they need.

$125M acquisition of Queen Street office tower a ‘sound investment,’ PSPC says

The federal public works department says its purchase of a prominent downtown office building whose occupants include...

Decade-long plan to modernize ‘key part’ of Parliamentary Precinct to start this fall, feds say

In an email to OBJ this week, PSPC called the Block 2 redevelopment project “a “key part” of the federal government’s efforts “to restore and modernize” the Parliamentary Precinct.

Colonnade BridgePort expands into Atlantic Canada with two new offices

Real estate investment and management firm Colonnade BridgePort has expanded into Atlantic Canada, opening new offices in...

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