Non-Residential

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.

Bayshore stake sold in deal that values shopping centre at $387-million

KingSett Capital is now sole owner of the region’s second-largest shopping mall after purchasing Ivanhoe Cambridge’s 50 per cent stake in the west-end plaza.

Boutique Ottawa real estate firms find freedom in doing business their own way

John Zinati is one of a growing number of local real estate executives who’ve left comfortable, secure jobs at established big-name companies to start their own brokerages and advisory firms.

Ottawa industrial rents rise to rank among highest in Canada: Colliers

High demand, rising rents and the recent successes of other projects are leading to speculative developments picking up across the city, particularly near 400-series highways.

Ottawa office market shows signs of stabilization following pandemic shock

The citywide office vacancy rate rose to 9.8% at the end of June, up from 9.6% in the first quarter.
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