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On the economic front, the capital of Canada is a major economic engine, offering jobs and opportunities in high-tech industries, and other sectors. The Ottawa office space rental market puts tenants in a hub with world-class research centers, educational institutions, and HQs of multiple international companies. Ottawa’s office market can be characterized as one of the most suitable for its purposes. Strong demand from a diverse tenant mix is pushing the stock to more landlord-friendly conditions. Yet, due to the lack of workspace in the most sought-after district of the city - its Downtown area, the city is ranked top among the hardest places in the North American region for tenants to find their ideal centrally-located work suite. Forecasts don’t expect any relief in this very neighborhood in the nearest future. According to expectations, the vacancy rate there will slightly exceed 5%. It will also bring the office rental rates up in Ottawa’s Downtown - up to over $25 per sq. ft. A similar story is likely to happen in the suburban parts of the city, like, e.g., Kanata. The availability rates there are shrinking rapidly there. Still, Class A office spaces in Ottawa’s suburbs can be leased out at approximately $16 per sq. ft. The activity in the prime office sector is continuously ramping up. With the arrival of sophisticated Class A office space for lease in Ottawa, the landlords will compete with each other to secure and retain tenants. Experts state that the occupants of the suburban office sectors will likely try to find more central options to move their companies here. Employees retention is not the last issue to consider when leasing office space in Ottawa. Nowadays, entrepreneurs and firms are not only looking at the rental prices for venues but also seek workspaces that appeal to their workers (even if this space is more expensive in terms of rental). Amenities continue to be a major factor in tenant decisions. The renters are more interested in flexible and mix-use developments, so the landlords try to take it into consideration and provide more premises of this type.

The Canadian capital is an innovative, globally recognized, future-oriented city, as well as one of the best places to learn, live, work, and spend leisure time. For decades, Ottawa has been a global leader in telecommunications technology. Today, Canada’s capital is one of the hottest tech hubs in North America; thus, the office space for rent in Ottawa is perfect for accommodating a range of businesses. With the high concentration of technology talent, competitive business costs, and truly superb quality of life, the city attracts talents from all around the globe. These are the core reasons to look for office space for rent in Ottawa. Newcomers and those companies that are willing to expand to the market can count on numerous support services to make their activities in the region prosperous. The office rental in Ottawa provides tenants with the possibility to choose an ideal work suite from a vast selection of premises. Proposing premises at Laurier Avenue West, Bongard Avenue, and multiple other popular locations, the landlords actually put much work into making the venues perfect for their occupants. The majority of premises available for rent are executive work suites. They vary in size yet, provide all the necessary features and facilities, including meeting venues, tech devices, etc. Besides, numerous areas are available for communal use.

Make it easy to do business in Ottawa by renting the office here. Our company will gladly assist you in this process. Contact us, view the list of the available solutions on our website, compare different work suites, and pick up the one you need right away. While cooperating with us, you will get brokerage services for free and rent the office space in Ottawa directly from the landlord.