'It is the type of property that’s highly sought-after across the country,' said Cushman & Wakefield Ottawa's Nathan Smith, who helped broker the deal
The deal brings Morguard’s managed real estate portfolio in Ottawa to more than five million square feet.
Downtown property is likely to be joined by Scotiabank’s office and main branch at 118 Spark St. as well as a pair of RioCan retail plazas in coming to market later this year, real estate firm says.
Brookfield Johnson Controls said it has landed a contract with Public Works to manage more than five million square feet of government space at Tunney’s Pasture and the former Nortel Campus, now kn