Non-Residential

Morguard sells CBC headquarters building at 181 Queen St. to PSPC for $125.3M

Southern Ontario-based developer and property manager Morguard had owned the 11-storey, 275,000-square-foot office building at 181 Queen St. since it opened in 2004.

Consumer spending in National Capital Region expected to drop in 2024, new reports say

Retail sales are expected to level off in Ottawa this year as budget-conscious consumers cut back on...

Ottawa’s downtown office vacancy rate to hit 15% in 2024, CBRE predicts

In its 2024 Canadian market outlook released this week, CBRE predicts Ottawa’s overall office vacancy rate will hit 14.1 per cent before the end of the year, up from 13.3 per cent in December 2023.

Eastern Ontario commercial real estate: Strong demand along Hwy. 401, slower recovery in the Valley

While markets along Highway 401 are benefiting from strong demand for industrial properties, areas like the Ottawa Valley are seeing a slower recovery for commercial real estate post-pandemic.

Local experts say flexibility key to crafting an effective return-to-office policy

Moderated by Jennifer Cross, a senior executive at Marant Construction’s Ottawa office, the event – dubbed “Back to Business” – offered advice to employers trying to figure out the best approach to structuring their workplaces in a post-pandemic world.

Ottawa’s retail vacancy rate hits new low as population grows, development slows: report

Ottawa’s retail vacancy rate fell to its lowest level on record in 2023 as in-store shopping boomed...

Asian restaurant to take over former Rideau Street McDonald’s location

The building at 99 Rideau St. that was home to a McDonald’s restaurant for nearly four decades has been leased to an eatery that will focus on Asian cuisine, real estate brokerage Colliers told OBJ on Monday.

Event space in former Chapters would make ByWard Market a ‘more active district,’ group says

A proposed events centre at the former Chapters bookstore on Rideau Street could be a springboard to revitalizing the downtown core and making the neighbourhood a more “active district” for visitors, the head of the new organization that oversees the ByWard Market says.

Negotiations underway to turn former Chapters on Rideau St. into an events venue

An organization in the “hospitality and entertainment industry” is eyeing a proposal to convert the former Chapters building on Rideau Street into an events venue, the federal Crown corporation that owns the site said Thursday.

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