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- During a time of signifi cant economic instability, Ottawa’s offi ce market remains remarkably stable as
the second quarter overall offi ce vacancy rate increased a nominal 0.2% over last quarter to 6.8%, and is
only 0.3% higher than Q2 2008.
- In addition, three of Ottawa’s submarkets, the Central Business District, Fringe Core and South end all
posted lower second quarter overall vacancy rates.
- The Kanata market continues to be the most severely affected of Ottawa’s submarkets recording a 1.7%
quarterly increase in vacancy to 19.5%. Kanata’s overall offi ce vacancy has increased 4.3% (216,000
square feet) over the past 12 months.
- Ottawa’s East end market all-class vacancy rate also climbed 1.7% but remains at an extremely low
2.8%
Contact Philip Plante-Ajah at 613-683-2226 for more information.
  2009 - Q2 Email.pdf
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