Ottawa industrial market report

Q3 2023

To realize gains and satisfy investors, vendors seeking liquidity for the rest of the year will need to be creative with second mortgage vendor take back (VTB) at preferred interest rates. Reducing ambitions to a more moderate approach will be needed to get deals to close in the current interest environment.


Total vacancy rate

Up by 0.1% in Q3 2022

25k sf


Year to date


Average gross asking rent psf

Includes $7.80 psf average additional rent


Your source for the latest Ottawa industrial market reports

Get in-depth industrial market reports and insights from commercial real estate experts in the Greater Ottawa area. Avison Young advisors look at Ottawa commercial real estate activities and the latest Ottawa statistics to provide you expert market research on Ottawa's industrial properties.

Explore different topics like the latest industrial market pricing trends and analysis of Ottawa's current office real estate market conditions. Gain a better understanding of Ottawa’s office real estate outlook and stay ahead of current industrial space trends. Make smart decisions when it comes to investing in office properties in Ottawa's competitive industrial real estate market. Avison Young is your trusted source for commercial real estate industrial market insights in Ottawa.

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