"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 for creditor protection.
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.
Available sublease space jumps 11%, but still remains well below levels recorded in previous downturns.
New study suggests Ottawa suffered a net loss of tech jobs created vs. degrees granted over a recent five-year period.
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.
With teleworking trends expected to persist, Ottawa brokers urge tenants to keep traditional office space
COVID-19 may not be the end of office space, but survey of Ottawa tenants suggests many employees will continue working from home even after the pandemic subsides
While most experts say industry is likely to struggle even after social distancing measures are relaxed, others argue sector could play key role in helping companies safely resume operations.
A leading Ottawa real estate executive is calling on the city to give all commercial landlords facing financial hardship due to the COVID-19 pandemic a six-month break on property taxes.
OBJ examines how an unprecedented disruption in regular business activity will severely impact the city’s real estate sector, especially retail and office leases
Landlords and tenants are trying to map out a way forward that inflicts the least economic pain