• The Ottawa office sector continues to soften as tenants delay future decisions pertaining to their office spaces, increasing the vacancy rate by 80 basis points (bps) to 8.0% in Q3 2020.

• Crown Corporation International Development Research Centre (IDRC) leased approximately 65,000 sq. ft. at 45 O’Connor Street in the CBD.

• 170,000 sq. ft. at 150 Elgin St is available for sublease as Shopify announced their plans to consolidate their Ottawa offices to their 234 Laurier Ave W location.