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The overall vacancy rate remained unchanged from last quarter at 6.3%.
Kanata's all class vacancy rate climbed to 20.2%, while the CBD posted an overall 2.3% vacancy.
The Government received tenders in response to their RFP for approximately 60,000 sq ft. The short-list of possible options included four Kanata properties.
The east market continues to carry a tight vacancy, posting an all class rate of 1.1%.
The Government released an unprecedented RFI for over 3 million square feet. Whether or not this leads to an RFP remains to be seen, however it has the attention of the commercial real estate community.
Contact Justin Levine at 613-683-2226 for more information.
  Q4 2008 E-Mail.pdf
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