Ottawa Industrial MarketBeat Q1 2026
Ottawa's industrial market in Q1 2026 experienced a declining vacancy rate of 5.3% with net absorption of 88,000 square feet and asking net rents reaching $16.75 per square foot, though the economic outlook remains challenging with the city recording the largest employment decline in Ontario between February 2025 and February 2026, losing 30,500 jobs. Leasing activity declined to 157,000 square feet in Q1 2026, with notable decreases in Suburban East offset by stronger activity in Suburban West, while direct net asking rents continued rising across both western and eastern submarkets.
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
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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