Ottawa Office Market Survey

For desirable tenants seeking space in Ottawa's Central Business District, the current leasing environment presents a distinct window of opportunity. The market has shifted toward a tenant-favorable landscape, particularly for footprint requirements under 3,000 square feet. Landlords are aggressively competing to secure stable, high-quality covenants, resulting in increased flexibility regarding lease terms and competitive incentive packages, including enhanced tenant improvement (TI) allowances and free rent periods.

Simultaneously, a "flight to quality" is occurring. Both Class A and modernized Class B buildings are heavily investing in tenant experience to encourage a return to the office. Premium on-site amenities such as collaborative boardrooms, fitness centers, end-of-trip facilities (showers and secure bike parking), and modernized common areas have transitioned from luxury perks to baseline expectations for competitive properties.

Below is a curated selection of properties featuring available spaces under 2,200 square feet, evaluated for your specific operational needs.