Onsite - Elite Draperies
Wednesday, April 21, 2010 (5pm-8pm)
1134 Bank St. Ottawa, ON K1S 3X6
No parking on the street before 5:30pm. Parking at the bank across the street as well as in parking lot of fire damaged building nearby.

Thursday, April 15, 2010
Craft Talk Speaker: Paul O'Reilly of
Metro Suburban Realty

Metro Suburban Realty Ltd is Ottawa and Eastern Ontario's leading independent commercial property broker. Metro Suburban adds value to real estate transactions through partnership, good will and specialist knowledge. Every member of their team understands the strategic importance of real assets to our clients' business planning and corporate strategies.

Founded in 1989, Metro Suburban has consistently delivered excellent realty services to corporate, government and nonprofit organizations. They have built long standing relationships that benefit all their clients-their knowledge of properties, investors and potential buyers is unrivalled by their competitors, many of whom are more recently arrived to this market.

Metro Suburban subscribes to the highest professional standards. In support of your success, Metro Suburban offers:

• one of only two commercial real estate firms in Canada with ISO 9001:2000 Quality Control Certification
• the team that has won continuously from 2005 to 2008 the Consumers' Choice Award in Business Excellence for Commercial Real Estate for Ottawa
• a sales team led by Eastern Ontario's only two members of SIOR (Society of Industrial and Office Realtors) and dedicated to cooperative partnerships
• a marketing innovator that uses integrated media and tactical advertising to present your property to best-match buyers

After Paul gave members a short introduction/refresher on Metro Suburban Realty, his colleague Rob Quinn talked about the Commercial industry: where it is, where it has been and where it is going. The market in Ottawa is currently good. Ottawa's market is considered minor in the commercial industry when compared to the major markets of Calgary, Vancouver, Montreal and Toronto. Even though Ottawa can't make big gains because it doesn't have the big banking, oil or immigration that the big cities have, it is attractive due to it's government factor and it's stable market. The Ottawa market has seen three recessions over the years: 1989, 2000 & 2009. The 2009 recession was unique in Ottawa because the market saw some buildings selling for over asking price. This was unique because there is normally no emotion in business real estate - commercially nothing goes for more than the asking price. Going forward, Rob is predicting that in the future we will see a good equilibrium of about 5- 6% in the commercial market which gives a good negotiating place for both tenants and landlords as well as good occupancy rates. Rob also touched on additional things that may affect the market such as: interest rates, the 10,000 government job loss, US stimulus spending which is running out, people starting to spread into outlying areas and the increased difficulty in getting venture capital.

Metro Suburban's goal is not just to close the deal today: it is to establish a relationship with clients for the future. That is why every relationship between clients and Metro Suburban Realty Ltd. is based on integrity, ethical performance, and superlative personal service.

So to learn more about the Metro Suburban Realty and how they can work for you, contact Paul O'Reilly at (613) 723-2222 ext. 225 or at poreilly@metro-sub.com

Luncheon at the Rideau Tennis Club

Thursday, April 29, 2010 with Thank Yous
Luncheon Rideau Tennis Club
Craft Talk Speaker: Peter Patafie of
Patafie's Moving Supplies and Rentals
Menu: Mango and Pineapple Salad with raspberry yogurt dressing, Baked Maple Infused Trout and Lemon Meringue Pie

Thursday May 6, 2010 with Thank Yous
Craft Talk Speaker: Chris Colman of Hertz Car & Truck Rentals & Leasing
Menu: Fajita Buffet

Thursday May 20, 2010
Craft Talk Speaker: To be announced
Menu: Chef's Homemade Soup of the Day, Steak au Poivre (served with a five pepper sauce) and Vanilla Cake with Raspberry Coulis

Thursday May 27, 2010 with Thank Yous
Craft Talk Speaker: Tom Flood of Hulse Playfair & McGarry Inc.
Menu: Seasonal Mixed Greens with Champagne Vinagrette, Boneless Chicken Breast with red peppers and balsamic glaze and Carrot Cake

Interested in doing a craft talk? Contact Jennifer to arrange a date.

May 2010 - Armstrong & Richardson
Wednesday, May 12, 2010 (5pm-8pm)

June 2010 - E.R. Fisher
Thursday June 3, 2010 (breakfast)

June 2010 - D.E. Systems
Wednesday, June 16, 2010 (5pm-8pm)

Happy Birthday to Barry Coons!

We regretfully say goodbye to the following member: Banfield-Seguin Ltd.

Weekly Bulletins
Archives of the weekly bulletin are now available on the Website. Click here to access past bulletins.

If you have member news that you would like to share, please send an email to Jennifer Baker at info@oxa.org.

Members are encouraged to bring along guests, potential members or clients to our weekly luncheons at the Rideau Tennis Club. There is no cost to the member for any potential member attending an OXA luncheon for the first time. Please notify Jennifer Baker, Executive Coordinator at info@oxa.org.