Real Estate

Average sale price jumps 15% to $575K

Massive industrial building will have footprint of 450,000 square feet and feature multiple levels, company says.

Report suggests Ottawa remains an affordable market relative to other Canadian cities, despite rapid price appreciation in recent years.

E-commerce giant says 450,000-square-foot facility in the Citigate Business Park will create more than 1,000 full-time jobs.

Crown corporation was scheduled to launch the development process for property at 665 Albert St. earlier this spring.

Citywide office vacancy rate increases to 7.2%, according to report providing one of the first looks at the performance of the local commercial real estate market during the pandemic.

Report predicts weaker demand for homeownership due to job and income losses.

More firms are looking to shed real estate as they rethink what the traditional office space might look like in a post-pandemic world, experts say.

'Re-opening access to federal worksites will be gradual and will vary from organization to organization, each according to their own operational circumstances'

OBJ publisher Michael Curran speaks with Joshua Moon, a partner and real estate law expert at Perley-Robertson, Hill & McDougall LLP about the options available to tenants and landlords amid the pandemic.