Ottawa Office MarketBeat Q4 2025
Ottawa's office market in Q4 2025 recorded a 12.3% overall vacancy rate with year-to-date net absorption of negative 34,000 square feet, while asking gross rent stood at $36.75 per square foot across all property classes. The report documents that Canada's unemployment rate declined to 6.5% in November 2025, but Ottawa's rate rose to 7.3%, and leasing activity in the quarter totaled 270,000 square feet, down quarter-over-quarter, with particular weakness in the Central Class A market.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Dec 31, 2025
- Last updated
- Jun 28, 2026 (1 month ago)
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