Claridge proposes 14-storey hotel in ByWard Market
Claridge Homes has officially applied to convert a ByWard Market office building into a hotel. The developer has submitted an application to the city requesting
Claridge proposes 14-storey hotel in ByWard Market
Claridge Homes has officially applied to convert a ByWard Market office building into a hotel. The developer has submitted an application to the city requesting
Office vacancy rate climbs to 8.5%
Tenants in Ottawa’s office market are opting for renewals and relocations, rather than growth and expansion, causing an increase in vacancy rates, according to a
BTB buys Brewer Hunt buildings
A growing real estate investment trust says it’s closed its purchase of a Kanata office complex, the latest in a string of acquisitions in the
Deal of the year: Centennial Towers sale sets record
Lease signalled challenges facing landlords A government-occupied office tower on the western edge of downtown Ottawa was a central fixture in both the city’s leasing
Sun Life LRT station ‘not cast in stone’
Plans to link the city’s underground light-rail tunnel with the atrium of the Sun Life Centre are far from finalized, says the general manager of
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
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
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