Avison Young is forecasting the local vacancy rate at around seven per cent, the second-lowest among major Canadian cities behind Vancouver.
Commercial real estate
Consultant says employers might look to open satellite locations away from downtown as more people seek to work in less crowded settings closer to home.
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 CBRE says.
Capital's location between Toronto and Montreal makes it a sought-after site for retailers looking satisfy growing demand for same-day deliveries, Anthony Broccolini says.
New publication combines commercial real estate market trends with insight on best practices for workplace strategy and how to create amazing office cultures.
Available sublease space jumps 11%, but still remains well below levels recorded in previous downturns.
E-commerce giant says 450,000-square-foot facility in the Citigate Business Park will create more than 1,000 full-time jobs.
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.
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
Massive complex would be nearly three times larger than Amazon warehouse on Boundary Road.