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.

Carleton to expand maintenance building

Construction

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

Non-Residential

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

Non-Residential

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,

Sears spends $2M on Iris move

Construction

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

Residential

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

Residential

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

Non-Residential

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

Non-Residential

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

Ottawa resales up 13% in March

Residential

Ottawa Real Estate Board members have sold almost 13 per cent more houses and condominiums year-over-year since last March, according to numbers released Wednesday. The

Morguard expects to fully lease 150 Elgin by 2014

Non-Residential

The developer behind a 21-storey office tower under construction in the downtown core says it expects the building to be fully leased when it’s completed