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Former Telesat Headquarters in Ottawa Acquired by Devcor

Avison Young Arranges Sale of Former Corporate Campus in Ottawa’s East End Expected for Future Redevelopment
Devcore Group purchased Telestat's former headquarters, and its expansive 10-acre site at 1601 Telesat Cour in Ottawa. (CoStar)
Devcore Group purchased Telestat's former headquarters, and its expansive 10-acre site at 1601 Telesat Cour in Ottawa. (CoStar)
By Hugues Springer
CoStar Research
May 3, 2024 | 6:50 P.M.

Devcore Group closed on a significant acquisition last month with the $16.1 million purchase of Telesat's former headquarters building at 1601 Telesat Court. The four-storey, 230,571-square-foot office building was mostly vacant at the time of sale.

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