Non-Residential

Crestpoint buys Amazon’s Barrhaven fulfilment centre from Broccolini for $494M

T.O.-based firm acquires 90 per cent stake in 2.8-million-square-foot warehouse, which opened last year and is the largest facility of its kind in Canada.

‘Office space is going to evolve’: Why brokers remain bullish on the future

Local real estate experts say that while office space is here to stay, it will likely be configured very differently once people start returning to their cubicles en masse.

Capital’s office vacancy rate drops to 8.6% in Q4

Downtown vacancy rate of 9.9 per cent last quarter was the third-lowest in North America behind Vancouver and Toronto, real estate firm CBRE says.

‘Potential everywhere’: Montreal buyer of Lansdowne properties going all in on Ottawa market

BRB REIT's portfolio in the National Capital Region now includes more than 650,000 square feet of space at nine office buildings and one industrial property.

Lansdowne, IBM properties acquired as flurry of Ottawa office deals continues

Marquee transactions worth a combined $87 million have Ottawa brokerage predicting the new year will pick up right where a frothy 2021 left off for the city's office market.

Place de Ville sold for $350M in second-largest deal in Ottawa history

Crestpoint Real Estate Investments and Crown Realty Partners purchased the 1.17-million-square-foot downtown property in a transaction that closed last week.

Could L’Esplanade Laurier soon be on the block?

Laurier Avenue complex and other aging federal properties could be sold to the private sector as the feds look to modernize their portfolio, the Ottawa Real Estate Forum heard this week.

Parkit adds to local industrial footprint with $13M deal for Gloucester property

Vancouver firm is far from the only real estate company looking to grow its portfolio in a red-hot market where a shortage of supply has pushed rents near record highs.

Strip mall that houses original Lone Star Texas Grill sold for $16.5M

Local developer Joey Theberge purchased Fisher Heights Plaza on Baseline Road in a deal that closed last week.

‘Flight to quality’ office space fuels dip in vacancy rate for first time since 2019: CBRE

The city's overall office vacancy rate fell to 9.7 per cent, marking the first net absorption of office space in the capital since the fourth quarter of 2019.
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