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Market Report

Ottawa Industrial Market Report

3Q 2025

Unique Drivers Help Define Ottawa
as a Top Performing Industrial Market

Distribution a rising demand driver. Amazon’s decision to build a third distribution facility in Ottawa signals confidence in the metro’s logistics positioning. With Quebec facilities closing amid union pressures, Ottawa is absorbing that displaced capacity, benefiting from its geographic advantage between Toronto, Montreal, and the U.S. border, as well as established highways and infrastructure links. For the local industrial market, this underscores sustained demand for modern, large-format space despite a softer macro backdrop, reinforcing Ottawa’s stability and role as a strategic national hub. The project highlights how institutional tenants are doubling down on scale and efficiency, suggesting future industrial absorption will be increasingly tied to e-commerce giants consolidating operations into fewer, larger automated facilities. For investors and developers, it implies Ottawa’s industrial sector may see tighter vacancy in prime nodes and stronger rent resilience compared with secondary Canadian markets.
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