CBRE

CEO of Montreal’s PROREIT sees ‘real future’ for Ottawa industrial sector as firm adds to local portfolio

Real estate investment firm said Monday it’s buying three industrial buildings in the capital region totalling 283,000 square feet.

Tenant downsizing will fuel rise in Ottawa’s office vacancy rate this year: CBRE

Non-Residential

Real estate brokerage predicts shift toward hybrid work model will lead to more space coming on the market as 2021 rolls on.

Capital’s office vacancy rate jumps to 8.7% in Q4 2020 as sublease space grows: CBRE

Non-Residential

All told, tenants shed nearly 800,000 square feet of office space last year – the highest net negative absorption of real estate in Ottawa since

Deep talent pool keeps Ottawa in second spot in CBRE’s annual Canadian tech report

Techopia

It’s the fourth year in a row the capital has finished second to Toronto in the survey.

Ottawa’s office vacancy rate jumps to 8% in Q3

Non-Residential

Economic slump prompted more tenants to shed space or take a wait-and-see approach to jumping into the market in the third quarter, real estate firm

Owner of Ottawa co-working spaces seeing signs of recovery in hard-hit industry

Non-Residential

“Floodgates will open” once a vaccine is found, owner of two local facilities predicts despite news that one of the industry’s biggest companies has filed

Shopify set to vacate 170,000-square-foot Elgin Street HQ in bid to reduce office footprint

Non-Residential

E-commerce giant plans to sublease its signature space at Performance Court and consolidate its downtown Ottawa office footprint at a building on nearby Laurier Avenue.

No end to office space crunch in sight, veteran Ottawa real estate exec says

Non-Residential

Available sublease space jumps 11%, but still remains well below levels recorded in previous downturns.

‘Brain drain’ of tech grads could stunt sector’s growth in capital, experts say

Techopia

New study suggests Ottawa suffered a net loss of tech jobs created vs. degrees granted over a recent five-year period.

Ottawa office vacancy inches up as market withstands initial COVID-19 hit

Non-Residential

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