Downtown's tenant base is anchored by federal government (pspc), banking, law firms, professional services.

• Tier: trophy.
• Tenant character: Federal trophy core.
• Average rent: C$38/sqft/yr · ≈ $28.1 PSF/yr USD.

TL;DR

• Tier: trophy.
• Tenant character: Federal trophy core.
• Average rent: C$38/sqft/yr · ≈ $28.1 PSF/yr USD.

Who clusters here

Federal government (PSPC), banking, law firms, professional services.

What that means for newcomers

Newcomers to Downtown should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in Downtown?

Federal government (PSPC), banking, law firms, professional services.

Related

• Downtown — submarket overview
• Ottawa — full city profile
• Ottawa submarkets — all
• Downtown — Rents
• Downtown — Transit
• Downtown — Amenity
• Downtown — Buildings

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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