Non-Residential

Interest in downtown retail spaces rising, but ‘trouble spots’ remain, brokers say

Real estate brokers say they’re seeing “renewed interest” in empty downtown retail spaces that were vacated during...

Former Nordstrom space in Rideau Centre not likely to be occupied until 2026, broker says

Several marquee retailers are eyeing the former Nordstrom department store space at the Rideau Centre, a prominent...

AutoShack leases Rosefellow’s new 250K square-foot industrial building in Kanata

Montreal-based developer Rosefellow said Wednesday locally based auto parts retailer AutoShack has signed a deal to lease a soon-to-be-completed 248,000-square-foot building at 405 Huntmar Dr. in Kanata, just north of the Tanger Outlets mall.

Fit for a new role: Ex-Farm Boy CEO Jeff York takes helm at health and wellness chain Altea Active

Jeff York is wasting no time getting to know his clients as he tackles his latest business...

Investors seeking ‘comfort’ in suburban malls as retail market picks up, broker says

Echoing the findings of several recent studies, a prominent local real estate executive says Ottawa’s retail investment...

Falling office vacancy rate ‘clearly a trend’ as landlords keep doling out incentives: Brokers

Ottawa’s falling office vacancy rate is “not an anomaly,” a leading real estate broker says, noting the...

Ottawa’s office vacancy rate falls for fourth consecutive quarter in Q2: CBRE

Ottawa’s office vacancy rate fell more than a full percentage point in the second quarter as leasing...

‘No weakness’ in Ottawa Train Yards’ tenants or location, veteran retail broker says

The Ottawa Train Yards remains a “fantastic” site for retailers even as part of the shopping complex...

Portion of Ottawa Train Yards placed under receivership as owner defaults on $45M loan

The Ontario Superior Court of Justice last week appointed Grant Thornton Limited as receiver and manager of the assets of a portion of Ottawa Train Yards on Industrial Avenue.

New downtown music venue’s potential economic impact pegged at $1.2B, NCC says

Bill Leonard, the NCC’s vice-president of real estate and development, said new tenant Live Nation Canada’s plan to use the building to host a variety of live events will be the “first step” in a much-anticipated campaign to revitalize Ottawa’s downtown core.
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The narrative surrounding the Canadian tech sector often focuses on boom-and-bust cycles, brain drain, or the historical demise of past giants. But the numbers tell a different story. Driven by evolutionary waves from telecommunications to software-as-a-service, quantum computing, and artificial intelligence, the national technology ecosystem has quietly produced remarkable long-term enterprise value. New research shows that Ottawa tech unicorns have produced at least one billion-dollar firm every single decade, making it the highest per-capita producer of unicorns in the country. Moreso, local tech ventures account for a staggering three-quarters of all-time wealth creation in Canadian tech history, driving $1.4 trillion in wealth over the past 36 years. In this episode of Techopia Live, OBJ publisher Michael Curran celebrates Ottawa Innovation Week by speaking with tech veteran Sasha Gera, chief operating officer of HealWell AI. Gera shares his research and insights from his newly launched ledger, Unicorn North, highlighting how Ottawa stacks up against other major Canadian cities and why it remains the most productive, distraction-free destination for building sustainable, hundred-year companies. Chapters: 00:00 Intro 02:22 Introducing Sasha Gera 14:45 Sponsor Segment 17:57 Innovation Week 25:15 Closing and What’s Ahead at OBJ For more on Ottawa’s tech and innovation scene, visit https://obj.ca/techopia Subscribe to Techopia’s weekly newsletter here: https://obj121.activehosted.com/f/5
Techopia: Is Ottawa the country’s biggest tech wealth generator? | Episode 298

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