Non-Residential

Montreal’s BTB REIT bullish on Ottawa industrial sector as firm pulls trigger on $12.5M buy

Real estate investment trust is shopping for more warehouse and other commercial space in the National Capital Region as it looks to shift its portfolio away from retail holdings.

Ottawa’s commercial real estate investment market to remain ‘robust’ in 2022: CBRE

Coming off a record year in 2021, local sector will continue to benefit from attractive cap rates, solid market fundamentals and a backlog of capital, firm says in its latest outlook.

T.O.-based Crown Realty acquires Gloucester’s Park of Commerce

Deal comes just a few months after company purchased a 50 per cent stake in the downtown Place de Ville office complex.

Global co-working giant Spaces opens Zibi Ottawa location

New site joins a 29,000-square-foot Spaces location that opened last year on the Gatineau side of the Zibi development in former industrial buildings east of Eddy Street.

Epic growth: T.O. firm dramatically expands Ottawa industrial real estate footprint with new deal

Company is a partner of one of the city’s biggest industrial acquisitions in years – the $155-million purchase of 18 small-bay properties totalling nearly 700,000 square feet. 

Epic, Woodbourne join forces to buy $155M Ottawa industrial portfolio from Skyline REIT

The transaction marks the first foray into the Ottawa market for Colorado-based Woodbourne, which will hold the majority stake in the 700,000-square-foot portfolio.

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.
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