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Research

Report

Ottawa Office Insight - Q4 2016


​While Ottawa’s economy is showing signs of awakening, the office market continues to idle. After an uneventful fourth quarter, downtown Ottawa vacancy remains relatively unchanged at 10.2 percent, while overall downtown asking net rents stand at $17.67 per square foot, relatively unchanged over the third quarter but down 2.9 percent year-over-year. 

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