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Ottawa Office Insight - Q2 2016

​Leasing velocity across Ottawa was completely absent, though Suburban Gatineau saw 158,315 square feet of positive net absorption in the second quarter. Market conditions have remained fairly stable since 12 months ago, but have been slightly deteriorating in the last six months. With the ‘flight to quality’ trend still very prevalent from class B and C tenants, some landlords are getting concerned and offering some of the most aggressive deals yet.

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