Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
Groupe Mach plans to demolish a vacant 12-storey building at the corner of Metcalfe and Albert streets and replace it with a new highrise containing 234 rental apartments and ground-floor commercial space, a company spokesperson told OBJ.
Vice-president Jordan Bianconi said branching out into property development marks the “logical next step” in Inside Edge’s evolution as a real estate firm.
Crown Realty Partners is selling a 100 per cent freehold interest in its two-building office complex at 3755 Riverside Dr., according to a marketing flyer from CBRE, which is brokering the sale on behalf of the owners.