Public Works picks Sun Life office space over low bid
Feds deem EDC offer ‘non-compliant’ and forgo $3M in savings A significant office leasing win for a downtown landlord is raising questions about why federal
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Real Estate
Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
Supply shortages hurting real estate market: Re/Max
Ottawa’s tight inventory across all asset classes remains a large challenge in the city’s real estate market, according to a report published by Re/Max. While
Multimillion-dollar watermain reconstruction project on tap for Confederation Heights
Public Works is soliciting bids for watermain reconstruction at the Confederation Heights government complex for a deal that is worth up to $5 million. The
Nature museum ponders P3 underground parking garage
The Canadian Museum of Nature is seeking expressions of interest concerning a new underground parking garage that would be operated through a public-private partnership. In
BTB buys Stafford Road building for $6.6M
A Montreal-based real estate investment trust has picked up its second Ottawa property, closing its purchase of a three-storey Bells Corners office building for $6.6
HDR to design $120-million U of O Heart Institute expansion
An architecture firm with a local presence has been hired to design the $120-million expansion of the University of Ottawa Heart Institute. HDR Architecture was
Bank of Canada lease signed: Colliers
A major Crown corporation has signed a long-awaited lease to occupy approximately 350,000 square feet inside the Plaza 234 office tower at the corner of
PrimeCorp brokers $281M multi-res deal
Ottawa-based PrimeCorp Commercial Realty Inc. brokered the sale of several multi-residential properties in Toronto for a value of $281 million. The brokerage firm, acting as
Rideau Centre readying $250M expansion
Leasing discussions underway The Rideau Centre disclosed Thursday that it will soon begin an estimated $250-million renovation and expansion, which it hopes to complete by
Tomlinson acquires local sand company
R.W. Tomlinson Ltd. has expanded its access to sand reserves with the recent acquisition of Ottawa-based Burnside Sand and Gravel Ltd., just months after purchasing
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