Office Report - Q1 2009
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Office Report - Q1 2009
Report Summary
 
    The overall vacancy rate remained increased slightly to 6.6%. Kanata's all class vacancy rate dropped to 17.8%, driven by two large deals early in the quarter, highlighted by the Federal Government deal at 340 Legget. The West market is posting a positive net absorption for the third consecutive quarter largely attributed to the Government having leased 1725 Woodward. The Government released two RFIs for office space within Gatineau, in what is being seen as another push to accomplish their targeted 75/25, Ottawa/Gatineau, ratio for office space.

Contact Justin Levine at 613-683-2226 for more information.

Q1-2009 Email .pdf

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