- Large pockets of space on the market will likely become more common, driven by slowing growth in the space-dependent logistics sector and a surge in demand for smaller industrial spaces.
- Amazon's 1,000,000 square foot facility is being followed up by a 700,000 square foot development south of Ottawa, potentially signalling large development in the near future.
- While South Ottawa had the second most lease transactions this quarter, the small average size of these leases indicates that larger tenants still prefer space elsewhere.
