Non-Residential

Flying high: Boeing Canada mulls expansion of downtown Ottawa office

Boeing Canada currently employs 33 people at its office in the World Exchange Plaza. The 8,000-square-foot space serves as headquarters for the global aircraft manufacturing giant’s growing Canadian defence operations.

CMHC says plans for vacant Montreal Road buildings still up in the air

A spokesperson for CMHC confirmed Friday that two of the three buildings at the Crown corporation’s 700 Montreal Rd. headquarters – Building A, which has a total of 165,933 square feet, and Building B, which covers 56,805 square feet – are no longer occupied.

Airport hotel on track for 2025 opening, Group Germain says

Group Germain plans to start laying the groundwork next week for construction of a 178-room Alt Hotel that will be attached to the airport terminal, the company’s vice-president of operations, Hugo Germain, told OBJ on Thursday afternoon.

Ottawa industrial rents keep rising as market tightens in third quarter

Available space in Ottawa’s industrial buildings fell slightly in the third quarter as small-bay tenants continued to...

Ottawa’s office vacancy rate stabilizes in Q3 as conversion trend spreads, reports say

Ottawa’s reeling office rental sector showed signs of stabilizing in the third quarter as several downtown highrises...

Colonnade BridgePort expands management footprint with 22 new mandates in southern Ontario

With several major construction projects in its pipeline, Colonnade BridgePort is now poised to expand its property...

Big draw for investors? Corel’s former Carling Avenue HQ up for sale

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.

Tenants seeing best deals in years in Ottawa’s ‘highly competitive’ office market

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

Office vacancy rate could peak in 2024 as hybrid work models gain popularity: report

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.

Marriott Ottawa hotel sold to Toronto-based firm

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.

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