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Demand for small-bay space continues to fuel Ottawa industrial market, brokerage firms say – Ottawa Business Journal

Tenants continued to snap up smaller industrial spaces at a steady clip in the first quarter of 2024, new figures show.

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District Realty to convert Elgin Street office building to residential units – Ottawa Business Journal

District Realty plans to redevelop an 11-storey office building at 200 Elgin St. into a multi-residential complex, real estate firms CBRE and Colliers said in their first-quarter Ottawa office market reports released this week.

Warren wilkinsonJason shinderLouis karamOttawa citizenDistrict realtyKatasa groupElgar buildingLisgar streetCanadian red crossMetcalfe street

Why Ottawa s office vacancy rate might not be quite what it seems – Ottawa Business Journal

Ottawa’s office vacancy rate dipped slightly in the first quarter as leasing activity picked up in the Kanata tech hub and a pair of downtown properties were taken off the market with the aim of being converted to residential space. In their latest office market reports released this week, CBRE and Colliers both reported a […] Already an Insider? Log in Get Instant Access to This Article Become an Ottawa Business Journal Insider and get immediate access to all of our Insider-only content and much more. Learn More and Become an Insider Critical Ottawa business news and analysis updated daily. Immediate access to all Insider-only content on our website. 4 issues per year of the Ottawa Business Journal magazine. Special bonus issues like the Ottawa Book of Lists. Discounted registration for OBJ’s in-person events. Click here to purchase a paywall bypass link for this article. Ottawa’s office vacancy

Warren wilkinsonLouis karamDistrict realtyCapworth commercial realtyCollier ottawaDecember veteranDenis shankCapworth commercial

City s industrial availability rate to hit 4 4% in 2024 as new inventory floods market: CBRE – Ottawa Business Journal

Ottawa’s industrial availability rate is expected to jump to 4.4 per cent by the end of 2024 from 2.6 per cent last year as new large-bay developments flood the market – but rents will also keep rising due to the ongoing scarcity of small-bay inventory, a new report from CBRE says. In its 2024 Canadian […] Already an Insider? Log in Get Instant Access to This Article Become an Ottawa Business Journal Insider and get immediate access to all of our Insider-only content and much more. Learn More and Become an Insider Critical Ottawa business news and analysis updated daily. Immediate access to all Insider-only content on our website. 4 issues per year of the Ottawa Business Journal magazine. Special bonus issues like the Ottawa Book of Lists. Discounted registration for OBJ’s in-person events. Click here to purchase a paywall bypass link for this article. Ottawa’s industrial availa

Matt shackellEric whittingtonLouis karamNational capital regionLennard commercial realtyMontreal based rosefellowHuntmar driveBantree streetCollier ottawaLennard commercial

Ottawa s downtown office vacancy rate to hit 15% in 2024, CBRE predicts – Ottawa Business Journal

Ottawa s downtown office vacancy rate to hit 15% in 2024, CBRE predicts – Ottawa Business Journal
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