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Cresa Ottawa
85 Albert Street
Suite 502
Ottawa, ON K1P 6A4
613.688.7200 tel
613.688.7201 fax
Email
Map/Directions

Contacts

Darren Fleming
Managing Principal, Broker of Record
Email
613.688.7200 tel
Martin Aass
Managing Principal, Broker
Email
613.688.7200 tel

Ottawa

  • Greater Ottawa Market

    First Quarter 2013

    Supply
    46,548,435 SF
    Vacancy
    6.5 %
    Absorption
    172,680 SF
    Avg. Lease Rate
    $15.19/SF
  • Downtown Market

    First Quarter 2013

    Supply
    19,036,107 SF
    Vacancy
    6.1%
    Absorption
    33,318 SF
    Avg. Lease Rate
    $19.59/SF
  • Gatineau

    First Quarter 2013

    Supply
    4,643,041 SF
    Vacancy
    0.8%
    Absorption
    49,380
    Avg. Lease Rate
    $14.25/SF
  • Kanata

    First Quarter 2013

    Supply
    5,239,528 SF
    Vacancy
    14.1%
    Absorption
    113,279 SF
    Avg. Lease Rate
    $12.16/SF
  • Suburban East

    First Quarter 2013

    Supply
    5,643,782 SF
    Vacancy
    3.5%
    Absorption
    70,242 SF
    Avg. Lease Rate
    $12.31/SF
  • Suburban West

    First Quarter 2013

    Supply
    17,225,505 SF
    Vacancy
    8.7%
    Absorption
    19,750
    Avg. Lease Rate
    $12.37/SF


OVERVIEW

Cresa focuses exclusively on commercial tenant and buyer representation.  This allows our brokerage teams to always maintain an unbiased view, and positions them to capitalize on opportunities to the benefit of our clients.   We are results-oriented and committed to maintaining the highest standard of service at all times.  In addition to transaction management and site selection, the Ottawa office offers strategic planning, project management and lease administration, which can help companies meet their overall occupancy objectives.  We collaborate with clients to provide service-oriented, rather than transaction-oriented,consulting.

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MARKET COVERAGE

The Ottawa office of Cresa tracks real estate trends in Canada’s National Capital Region, Eastern Ontario and the Outaouais area of Quebec.  Within the City of Ottawa proper we break down the market into the sub-markets of Downtown, Fringe Core, Ottawa West, Ottawa East, Kanata, Nepean and Gloucester.  As the the Capital of Canada, the Federal Government is the largest user of space in Ottawa with the balance consisting of a mix of high tech and professional service companies.

MISSION

Our mission is to provide customized solutions exclusively for corporate space users by offering fully integrated services that align their real estate needs with their business plans, delivering maximum cost savings and exceeding expectations.

VISION

Our vision is to be the exception in the commercial real estate industry: A company that is service-oriented rather than transaction-oriented, with advisors who are client focused not deal focused. 

VALUES

We are guided by the concept, “Do the Right Thing,” both internally and externally. We will always do what is right for the client’s best interest and put that interest before our own. We treat our clients and employees with respect, dignity and fairness in all matters.



 Read Ottawa's Latest
 Tenant's Guide


People

Martin Aass Managing Principal, Broker 613.688.7200
Naomi Carkner Business Manager
James Carty Advisor, Sales Representative 613-688-7200
Darren Fleming Managing Principal, Broker of Record 613.688.7200
Justin Levine Advisor, Broker 613.688.7200
Lynn Owen Vice President, Project Management 613.688.7200
Kyle Wilson Advisor 613.688.7200

Subleases

Property Available Space Rental Rate
OTTAWA - 130 Slater Street
130 Slater Street
Suites 700, 750 & 950
Ottawa, Ontario K1P 5H8
11,849 SF Market
Ottawa- 300 Terry Fox Drive
300 Terry Fox Drive
Suite 700, 2nd Floor
Kanata, Ontario K2K 0E3
1,178 SF $14.00/SF

Cresa Ottawa Blog

  • 3/25/2013Office Etiquette 101: How to keep the peace in close quarters
    This article was originally published by: WALLACE IMMEN The Globe and Mail Published Thursday, Mar. 21 2013 In years past, Kristie Brown-Galer worked in a “palatial office” with a desk she could call her own. Her space was adorned with photos of her family and stacks of files, and she always worked near the same [...] Read More
  • 3/25/2013You Won’t Believe It’s The Same Space
    A before and after look at the project Cresa completed for Cowater International Inc. in Ottawa, Canada. When we met Cowater they were in 8,000 square feet of old and tired space. During the process we showed them how they could increase the seat count within the space by 25% without having to lease more [...] Read More
  • 1/7/2013The Top 25 Most Popular Offices Of 2012
    Read the full article on Office Snapshots 25 Most Popular Offices of 2012 1. Pixar 2. Mojang 3. Credit Suisse 4. Apple 5. Valve 6. Google Moscow 7. Google Zurich 8. Zynga 9. Lego 10. Twitter 11. Abercrombie & Fitch 12. 22Squared 13. Apple Campus II 14. Atlassian 15. Urban Outfitters 16. Unilever 17. Mercado [...] Read More
  • 1/3/2013Ottawa Reaches Its Pivot Point
    Feds’ ‘flight to quality’ casts shadow on commercial real estate market Originally published in the Ottawa Business Journal on December 31st, 2012. Barely a year ago, the president of one of the country’s top commercial real estate research firms made a bold prediction about the direction of the Ottawa market. Altus Insite’s Sandy McNair said [...] Read More
  • 12/20/20125 Characteristics to New Office Space Design
    By Kevin Fidler Originally published on Workplace Design Magazine The stereotypical corporate office has often been portrayed as a dingy, stuffy, and cubicle-ridden space that drains creativity and prevents collaboration. Thankfully, such traditional corporate offices — with their uninspiring décor and segregation — are in many ways a thing of the past. Many employers have [...] Read More
  • 12/17/2012Happy Holidays From Cresa Ottawa
    On behalf of all of us at Cresa Ottawa, I’d like to wish you a very Merry Christmas and a hearty Happy Hanukkah. Read More
  • 12/12/2012Design Spotlight: Cool, Modern Office Space in Ottawa’s Byward Market
    Recently one of Cresa’s clients leased 5,000 SF of cool, modern space in the Byward Market. This video showcases the design trends that were applied in their space and describes the approach Cresa used on this project. At Cresa We Are Different. As North America’s largest tenant only real estate advisory firm, our advisors are [...] Read More
  • 10/25/2012IMS Brogan Saves $300,000 Per Year: Learn How Cresa Did It
    Cresa Ottawa recently assisted IMS Brogan, a subsidiary of IMS Health, adopt a new furniture and accommodation standard which allowed them to reduce their real estate foot print by 33%. This allowed them to save $300,000 per year. Our Client Said: On behalf of IMS Health, I am very pleased to provide you with a [...] Read More
  • 10/1/2012Fostering Creativity: It’s Too Valuable To Waste
    I have believed for sometime that creativity is a more frequent occurrence in the human condition than some might have us believe. But when it comes to fostering the development of creativity in young people, too often we send them down the wrong path. In fact in spite of the significant (and financially lucrative) accomplishments [...] Read More
  • 9/28/2012Trendy Office Space For Sublease in Downtown Ottawa
    To book a visit please call: 613-688-7200 and ask to speak with: Clayton Thorkelson, Advisor/ Sales Representative or Darren Fleming, Managing Principal / Broker of Record 12,800 SF of trendy, urban office space in the heart of Ottawa’s downtown core. Fully furnished and attractively priced, this space can accommodate tenants from 12,800 SF, 9,800 SF, [...] Read More
More from Cresa Ottawa Blog

Testimonial Videos

Cowater International Inc. - 8,000 SF  Send Us An Email

A before and after look at the office project Cresa completed for Cowater International Inc. in Ottawa, Canada. When we met Cowater they were in 8,000 square feet of old and tired space. During the process we showed them how they could increase the seat count within the space by 25% without having to lease more space, while dramatically increasing the look and feel of their offices.

Have a look. You won't believe this is the same space.

 



DRS Technologies Canada - 60,000 SF  Send Us An Email


OUR CLIENT SAID:

"From the beginning of your engagement with us through to the end, we were impressed by the thoroughness of your approach to include an understanding of our current and future needs, the development of a strategy, regular and timely feedback and, most important, an outcome that exceeded our expectations."

Mike Dunn, Chief Financial Officer
 

Carefor Health & Community Services - 13,000 SF  

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Case Studies

IMS Health Saves $300,000 Per Year: Learn How Cresa Did It


Cresa Ottawa recently assisted IMS Brogan, a subsidiary of IMS Health, adopt a new furniture and accommodation standard which allowed them to reduce their real estate foot print by 33%.

This allowed them to save $300,000 per year.  Send Us An Email.


OUR CLIENT SAID:


On behalf of IMS Health, I am very pleased to provide you with a letter of reference covering my experience with you and your team at Cresa.

From the onset of Cresa’s engagement, until the day our local office took possession of our new space, you and your organization have been an essential part of my extended facilities team.

Your vision and insight allowed IMS Health to realize savings in Ottawa of over $300,000 per year by leading us to adopt a new accommodation standard which, not only saved us money, also significantly improved our staffs workplace environment.

Throughout this project, I was impressed that you took the time to get to know our local staff and ensured that significant effort was made to engage our employees in the process.

You are clearly thought leaders in your industry in your approach and have made a real difference in what we perceive to be possible, locally and across IMS Health’s global real estate portfolio.

The Cresa approach to integrating strategy, negotiations and project management just made it so easy.

You kept me informed at all times and managed to overcome some significant IT related delays that, though no fault of yours, could have proven disastrous to our schedule and budget if not for your skilled troubleshooting.

And you still managed to come in under budget!

I have been involved in managing global real estate portfolios for over twenty years and without a doubt can attest that the quality of Cresa’s services and the results you achieved for IMS Health place you and your team among the best in the industry.

I hope you never change your approach to the business. You clearly put the needs of the client first and foremost and I would recommend you to anyone considering hiring Cresa in the future.

Sincerely,

Jeff Johnson
Director, Real Estate

To learn more about this process and whether Cresa Ottawa can help your organization achieve a similar level of savings: Send Us An Email.