Commercial property assessments soar
The rush by developers to build up land inventories is causing a spike in the value of Ottawa parking lots, according to one local real
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Office vacancy rate to inch up in 2013
Meagre economic growth combined with ongoing government austerity will cause local office vacancy rates to edge up slightly next year, according to a new report.
‘Puzzle’ parking garage to be built in Ottawa
Ottawa will soon be home to one of the first sliding puzzle parking systems in Canada when the system is installed in the Eddy, a
What’s the value of Ottawa’s commercial real estate sector?
Ottawa’s commercial real estate sector generated roughly $2.6 billion in economic activity in 2011, according to a new study prepared for a local industry association.
Sussex Drive still tops Ottawa retail rents
The western edge of the ByWard Market continues to command the highest retail rents in Ottawa, according to an annual global study. Shop owners along
Mambo co-owners suing Morguard for $1.5M
Surf & turf restaurant gets turfed Plans for a high-end steak and seafood restaurant inside the former Friday’s Roast Beef House building on Elgin Street
BTB REIT buys $6M interest in Gatineau buildings
A Montreal-based real estate investment trust is expanding its presence in the National Capital Region. BTB REIT says it has purchased a 50-per-cent interest in
Mounties’ move to Barrhaven drags on
More than six years after signing a $600-million deal to lease space inside the former JDS Uniphase complex in Barrhaven for its new headquarters, roughly
Industrial vacancy rate reaches 30-month low
Ottawa’s industrial property vacancy rate dipped to its lowest level since March 2010 as another tech tenant of the former Nortel campus found a new
Feds open Confederation Building elevator contracts
Public Works has a minimum 10-year contract on the table for companies interested in modernizing and maintaining several elevators in the Confederation Building, just west
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