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.

Global co-working giant Spaces opens Zibi Ottawa location

Non-Residential

New site joins a 29,000-square-foot Spaces location that opened last year on the Gatineau side of the Zibi development in former industrial buildings east of

Epic growth: T.O. firm dramatically expands Ottawa industrial real estate footprint with new deal

Non-Residential

Company is a partner of one of the city’s biggest industrial acquisitions in years – the $155-million purchase of 18 small-bay properties totalling nearly 700,000

Ottawa developer proposes pair of rental highrises near science museum

Residential

Manor Park Capital says it wants to construct two towers of 25 and 20 storeys on St. Laurent Boulevard near the intersection of Lancaster Road

Epic, Woodbourne join forces to buy $155M Ottawa industrial portfolio from Skyline REIT

Non-Residential

The transaction marks the first foray into the Ottawa market for Colorado-based Woodbourne, which will hold the majority stake in the 700,000-square-foot portfolio.

Crestpoint buys Amazon’s Barrhaven fulfilment centre from Broccolini for $494M

Non-Residential

T.O.-based firm acquires 90 per cent stake in 2.8-million-square-foot warehouse, which opened last year and is the largest facility of its kind in Canada.

Million-dollar-plus ‘luxury’ home sales booming in Ottawa, Re/Max says

Residential

A total of 1,766 homes sold for at least $1 million in Ottawa in 2021, more than double the previous year’s tally of 750 such

Dream team: NCC chooses firm behind Zibi project to develop LeBreton’s library lands

Real Estate

NCC is selling 1.1-hectare site between the Pimisi LRT station and the future main branch of the Ottawa Public Library to a group led by

‘Office space is going to evolve’: Why brokers remain bullish on the future

Non-Residential

Local real estate experts say that while office space is here to stay, it will likely be configured very differently once people start returning to

Ottawa-Gatineau housing starts nosedive in December: CMHC

Residential

Builders started work on 393 new dwellings in the region last month, a steep drop from the 1,074 starts recorded in December 2020.

Canadian home sales set new record in 2021, topping previous high by 20%: CREA

Residential

Canadian Real Estate Association said Monday that about 667,000 residential properties changed hands in 2021, about 30 per cent more than the 10-year average.