November 29, 2023

The Queens County Citizen

Complete Canadian News World

Shopify departs from Elgin Street HQ, searching for new tenants

150 Elgin in Ottawa where Shopify

Article content continued

“The broker approached us to let us know it was on the market,” Hamilton said of the Shopify office space at 150 Elgin.

A shopify representative later confirmed that the company was relieving the space.

Hamilton said the broker was beginning the process of assembling a list of potential tenants to take over the Shopify lease, which expires in 2026.

As “a huge block of space in our downtown core,” it naturally fits the office of the federal government or the Crown Corporation, Hamilton said. It can also appeal to other companies outside of Ottawa downtown or other markets, perhaps outside of Canada, especially in the high-tech sector.

“It’s a very niggy space and through it it’s really popular, funky, designed to appeal to that young, dynamic, hip tech audience,” Hamilton said. Shopify’s departure “creates an opportunity with market space for people boxed by a tight list to come here and explore and expand in Ottawa.”

Shopify also maintains an office space at 234 Lourier Avenue.

A company spokesman said the office “will be redesigned for our digital by default mindset.”

About The Author

READ  Former Grand Chief of Huron-Vendot First Nation Max Gross dies at Louis 89