Company founded in 2018 closed deal for 12-storey office tower at 141 Laurier Ave. W. last week as it looks to expand its portfolio and branch out into multi-residential development.
Theia Partners' Jeff Westeinde sees the next few months as a watershed time for the development that straddles both sides of the Ottawa River.
Avison Young is forecasting the local vacancy rate at around seven per cent, the second-lowest among major Canadian cities behind Vancouver.
The 1.6-million-square-foot office complex just south of the St. Laurent Shopping Centre is part of a plan to turn the site into a mixed-use neighbourhood with residential units, parks and shops.
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
Commercial tenants struggling to find room to grow in Ottawa’s tight office market likely won’t have a much easier task this year than they did in 2019, Avison Young forecasts
The federal government has opened three co-working offices across Ottawa with plans for two more in the National Capital Region as the city’s largest employer embraces a global trend towards flexible…
Increased activity from Ottawa tech firms and a global trend towards co-working led to a tightening of the capital’s commercial vacancy rate in the first half of the year
Thanks to a robust local economy fuelled by growth in the tech and government sectors, vacancy rates in Ottawa’s office and industrial markets are expected to keep falling while rental ra