Ottawa Business Journal

BTB buys Stafford Road building for $6.6M

A Montreal-based real estate investment trust has picked up its second Ottawa property, closing its purchase of a three-storey Bells Corners office building for $6.6

HDR to design $120-million U of O Heart Institute expansion

Construction

An architecture firm with a local presence has been hired to design the $120-million expansion of the University of Ottawa Heart Institute. HDR Architecture was

Bank of Canada lease signed: Colliers

Non-Residential

A major Crown corporation has signed a long-awaited lease to occupy approximately 350,000 square feet inside the Plaza 234 office tower at the corner of

PrimeCorp brokers $281M multi-res deal

Residential

Ottawa-based PrimeCorp Commercial Realty Inc. brokered the sale of several multi-residential properties in Toronto for a value of $281 million. The brokerage firm, acting as

Rideau Centre readying $250M expansion

Non-Residential

Leasing discussions underway The Rideau Centre disclosed Thursday that it will soon begin an estimated $250-million renovation and expansion, which it hopes to complete by

Tomlinson acquires local sand company

Construction

R.W. Tomlinson Ltd. has expanded its access to sand reserves with the recent acquisition of Ottawa-based Burnside Sand and Gravel Ltd., just months after purchasing

Housing starts fall 18% in Ottawa

Residential

Housing starts in the Ottawa area dropped 18 per cent year-over-year in September, according to numbers released Tuesday by the Canada Mortgage and Housing Corp.

City zoned out to retailers’ requests for land

Non-Residential

Retail sites running short while vast employment land remains unused RioCan’s Trinity Crossing in Orleans, on Innes Road near Tenth Line, is a retail haven

Public Works seeks demolition bids

Construction

Public Works is inviting companies to submit bids to demolish a film storage building east of the Montfort Hospital. According to federal records, the opportunity

Home resales drop 17% in September

Residential

Housing sales in Ottawa dropped to their lowest level in eight months, according to the Ottawa Real Estate Board. The number of units sold was