Non-Residential

Capital’s office vacancy rate jumps to 8.7% in Q4 2020 as sublease space grows: CBRE

All told, tenants shed nearly 800,000 square feet of office space last year ​– the highest net negative absorption of real estate in Ottawa since 2002.

T.O. real estate firm, Colonnade BridgePort partner to buy Metcalfe Street office tower

Deal for 12-storey office building at 81 Metcalfe Street is valued at nearly $12.5 million.

First Capital sells 50% stake in trio of Gatineau retail properties

REIT says it’s agreed to sell a 50 per cent non-managing interest in retail centres Carrefour du Versant, Place Nelligan and Place Cit​é des Jeunes for a combined total of nearly $60 million.

Ottawa’s office vacancy rate to remain among Canada’s lowest in 2021: Report

Avison Young is forecasting the local vacancy rate at around seven per cent, the second-lowest among major Canadian cities behind Vancouver.

Plan to rebuild fire-damaged ByWard Market eatery goes before committee

Owners of the Vittoria Trattoria restaurant want to rebuild the William Street property with a four-storey addition that would feature 16 hotel units.

Manulife boosts industrial footprint in Ottawa with $11.5M Bantree Street acquisition

It's the second major deal for an Ottawa-area property the global investment firm has announced this week.

Carleton breaks ground on new $16M Engineering Design Centre

New 25,000-square-foot facility will feature a makerspace as well as design studios, workshops and meeting areas.

Ottawa’s retail real estate market positioned for quick rebound: JLL

With relatively little new retail space under construction that’s poised for an imminent delivery, the storefronts currently being vacated should be quickly absorbed once the economy rebounds.

Fringe core, class-B office markets take hit as sublease space surges, Colliers says

Real estate firm says Ottawa’s office availability rate rose to its highest level in three years last quarter.

Pandemic could spark shift to suburban offices, Ottawa workplace expert says

Consultant says employers might look to open satellite locations away from downtown as more people seek to work in less crowded settings closer to home.
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