Market Report
Ottawa Industrial Market Report
2Q 2026
Strategic Positioning and Tenant Composition Support Stability and Long-Term Growth
Ottawa emerging as prime logistics hub. Amazon’s decision to close a Québec distribution facility and consolidate operations into a new 3.1-million-square-foot centre under construction in Ottawa reinforces the market’s growing strategic importance. Positioned between Toronto and Montreal — Canada’s two largest consumption hubs — Ottawa offers a cost-effective alternative with strong highway connectivity and access to a large, stable labour pool. This shift could generate incremental spillover demand from third-party logistics providers and distributors seeking to optimize regional networks, shorten delivery times, and reduce operating costs, supporting longer-term industrial fundamentals, tenant diversification, and leasing momentum across the market.
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