While Mitel is “assessing all its options,” the local technology anchor has no plans to move its corporate headquarters outside Ottawa, says company spokesperson Danielle McNeil.
Mitel’s lease is up for renewal in February 2011. The...
The International Property Databank’s annual Canadian index recorded a national total return of negative 0.3 per cent. That’s down from 3.7 per cent in 2008 and marks the first time the index has dipped into negative territory since...
The 1.07-acre property is located on the west side of Bank Street, between Laurier Avenue and Slater Street, adjacent to the two Standard Life Centre towers. Those building and the development site are co-owned by Morguard Real Estate...
The Queensway Corporate Campus, which overlooks the north side Highway 417 between St. Laurent Boulevard and Cyrville Road, was sold by Great-West Life and London Life for $56.8 million.
The property was picked up by a branch of the Canadian...
That compares to earnings of $29 million, or 14 cents a share, in the year-ago period.
RioCan says its net earnings for the year ended Dec. 31, 2009 were approximately $114 million, or 49 cents per share, compared to approximately $145 million,...
The environmental construction services company – which is headquartered in Ottawa but has a large proportion of its business in the west – said its Calgary-based Western Construction and Combustion Services Inc. subsidiary has been...
Michanie Construction Inc. was the low bidder to construct a two-storey, three-classroom addition with a relocatable six classroom “port-a-pak” to Lester B. Pearson Catholic High School. The company’s $2.15-million...
EXPORT DEVELOPMENT CANADA (150 SLATER ST.)
Contractor: Broccolini Construction Ont. Inc.
Description: Superstructure only – ground-to-roof concrete and structural steel for a 19-storey commercial office building.
Value: $70,403,852
...
In the 12 months starting Jan. 28, Morguard may purchase up to 3,032,584 units at the market price in a normal course issuer bid.
Additionally, Morguard may purchase for cancellation up to $10.35 million principal amount of the 6.5-per-cent...
Commercial real estate services firm Cushman & Wakefield said local leasing activity "slowed substantially," falling to 68,000 square feet from 163,000 square feet in the third quarter.
Of the 14 reported leasing transactions, only...