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Content tagged with: Office

Ottawa's 'unprecedented' office sector challenge

Don Wilcox Commercial Office Ottawa Oct. 4 2024

Ottawa’s office market faces a challenge on a scale few other cities have experienced, as the National Capital Region braces for the impact of federal government plans to reduce its real estate footprint 50 per cent during the coming decade.

 

Ottawa's office market is on a new trajectory

Jessica Whiting Commercial Office Ottawa Sep. 24 2024 SPONSORED

In Q2 of 2024, Ottawa’s office market continued to show a mixed and gradual improvement. At 11.5 per cent, Ottawa’s office vacancy has decreased for the fourth consecutive quarter.

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