A growing number of companies are roadmapping their return-to-the-office strategies and are thinking about their leasing needs.
Commercial real estate
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.
Ottawa's overall office vacancy rate stood at 9.8 per cent at the end of June, up two-tenths of a percentage point, but amount of empty space in the core declined.
With many office towers and traditional mainstreets still quiet, tenants and landlords alike face an uncertain outlook.
Many believe the hybrid office – one that combines a physical office space with remote working practices – will be the new norm.
City's downtown vacancy rate jumped from 9.5 per cent in the fourth quarter of 2020 to 10.7 per cent in the first three months of 2021.
How will businesses and organizations maintain and strengthen collaborative relationships when working in a hybrid office setup?
'Once-in-a-lifetime opportunity': Former CBRE exec Hamilton takes business development post at Canderel
Hamilton, who spent 16 years at CBRE Canada’s Ottawa office, including the last eight as managing director, started his new job on Monday.
CEO of Montreal's PROREIT sees 'real future' for Ottawa industrial sector as firm adds to local portfolio
Real estate investment firm said Monday it’s buying three industrial buildings in the capital region totalling 283,000 square feet.
Real estate brokerage predicts shift toward hybrid work model will lead to more space coming on the market as 2021 rolls on.