Regional Group Expands Downtown Presence with Acquisition of 150 Slater Street

A Landmark Investment Reinforces Confidence in Ottawa’s Class A Office Market

Regional Group is beginning 2026 with a landmark addition to its growing commercial portfolio: the acquisition of 150 Slater Street, one of downtown Ottawa’s premier Class A office towers and the global headquarters of Export Development Canada.

Located at the prominent corner of Slater and O’Connor, the 19-storey, 500,000-square-foot tower is a defining presence in Ottawa’s central business district. Built in 2010 and constructed to LEED Gold standards, the property reflects a modern approach to workplace design, offering abundant natural light, flexible layouts, and premium amenities that support high-performing tenants.

At the time of acquisition, the building is 100% occupied, with office and ground-floor retail tenants. It features 215 underground parking spaces, a rooftop lounge, a private fitness facility, and direct access to Ottawa’s LRT system: all elements that position 150 Slater as a premier office asset for years to come.

 

Investing with Conviction

While parts of the commercial office sector have faced uncertainty in recent years, Regional Group continues to identify opportunities in high-quality, well-located assets with strong long-term fundamentals.

“We believe the bottom of the office cycle has passed, and this property is a standout addition to our portfolio,” says Sachin Anand, VP of Acquisitions at Regional Group. “This acquisition reflects our ability to act decisively when others have been sidelined.”

Sender Gordon, President and CEO of Regional Group, reinforces that confidence: “We firmly believe in the resilience of the sector and are strategically investing in Class A office buildings with strong long-term potential. This property offers excellent future value with high-quality existing tenants, and we’re thrilled to add it to our portfolio.”

A Strategic Milestone for Regional Group

With more than 65 years of experience shaping Ottawa’s real estate landscape, Regional Group has built a reputation for disciplined growth and thoughtful execution. The acquisition of 150 Slater marks the company’s third major Class A office complex acquisition in the past four years, a notable achievement in a segment often dominated by large institutional owners and REITs.

As a locally owned and vertically integrated real estate firm, Regional Group’s commitment extends beyond ownership. Starting February 2026, its dedicated management team will assume full operational oversight of the building, continuing to support tenants while maintaining full-service operations.

“This isn’t just about a real estate transaction,” adds Gordon. “It reflects our continued commitment to Ottawa’s economic community, to shaping a vibrant city, and to Enriching Communities for years to come.”

Looking Ahead

Today, Regional Group oversees more than 4 million square feet of commercial and residential space and manages a $5 billion development pipeline across Canada’s National Capital Region. The addition of 150 Slater further strengthens its downtown presence and reinforces its long-term investment strategy.

As 2026 unfolds, Regional Group remains focused on strategic growth, disciplined investment, and its enduring mission: Enriching Communities.