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National

H&R closes on $277M Ottawa office tower sale to Groupe Mach

Don Wilcox Commercial Transactions Ottawa Apr. 20 2023

UPDATED WITH SALE CLOSING, NEW DETAILS: H&R REIT (HR-UN-T) has closed on the sale of one of its premiere remaining office properties, the million-square-foot downtown ONE60 Elgin complex in Ottawa, to Montreal-based Groupe Mach and Sarees Investments.

RioCan leases large ex-Canadian Tire Ottawa site to Altea Active

Don Wilcox Commercial REITs Ottawa Apr. 20 2023

UPDATED WITH DETAILS FROM ALTEA: A new-concept active lifestyle company which has been expanding across Canada, Altea Active, has leased a 129,000-square-foot former Canadian Tire store in Ottawa from RioCan REIT for what will become its largest location.

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