Next month, an Ottawa-based general contractor will start transforming a long-vacant Kanata warehouse into one of North America’s most advanced telecom research labs. MP Lundy
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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.
Office vacancies expected to rise
Office vacancy rates in Ottawa edged up slightly in the first quarter, but one local brokerage firm says the statistics don’t tell the full story
Carleton to expand maintenance building
Carleton University is looking to prequalify general contracting firms for the renovation of its maintenance building on the southeast side of the campus. In a
Feds to vacate Metcalfe’s MacDonald Building
Landlord says it will be ‘competitive and creative’ in marketing downtown portfolio The federal government says it will vacate a 49-year-old downtown office building when
Securit building sells for $9.8M
An 86,000-square-foot warehouse with Queensway visibility has been purchased by Crestpoint Real Estate Investments Ltd. as part of a three-building portfolio sale. Constructed in 2007,
Department store retailer Sears is planning to spend $2 million on fitting up its new location in the Ikea plaza. The struggling national chain, which
Housing starts down 42% in March
Housing starts in the national capital fell 42 per cent year-over-year in March as the region cooled from a record a year ago, according to
Claridge proposes Carlingwood retirement home
Claridge Homes is poised to expand its retirement home portfolio with plans to construct an eight-storey, 159-unit building in Carlingwood. The property, located at 200
Business park land to be turned into park-and-ride, commercial retail
The city is looking to purchase a large lot of land designated for business park development to build a park-and-ride next to Barrhaven’s future transit
Ottawa’s growth tops Canadian hotel value survey
Local hotel owners are in for a prosperous year, according to a recent report. Colliers International Hotels says Ottawa hospitality properties are set to increase
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