KingSett Capital and Colonnade BridgePort provide value to tenants through digital connectivity
OTTAWA, Ontario, October 31, 2018 – Colonnade BridgePort today announced that 130 Slater Street is Wired Certified Silver, making it the first office property in Ottawa to achieve the international standard of digital connectivity for commercial properties. The 13-storey downtown office building is owned by KingSett Capital and managed by Colonnade BridgePort.
Wired Certification is an internationally recognized standard that proves a commercial building has strong, competitive internet capabilities. WiredScore, the company behind the Certification, assesses commercial buildings internationally to evaluate their internet connectivity with the goal to create a standardized scoring system for use by landlords and tenants. In October 2017, Wired Certification came to Canada using Toronto as its flagship market. Demand from forward-thinking commercial real estate organizations, such as KingSett Capital and Colonnade BridgePort, has seen the certification platform quickly expand across the country into new markets including Montreal, Vancouver, Calgary, Edmonton, and now, Ottawa.
While having strong internet connectivity might seem like an obvious building feature in 2018, many offices are still not competitive with the internet requirements of today’s office tenants, and, tenants are losing productivity because of it.
“Connectivity is no longer a nice-to-have, or an after-thought, but a critical pillar of the office experience for today’s businesses. According to a survey from Cisco, businesses lose an average of $100,000 during an hour of internet downtime,” said Arie Barendrecht, CEO of WiredScore. “Selecting an office that doesn’t have reliable connectivity is something that no company can afford. KingSett Capital and Colonnade BridgePort have taken proactive measures to ensure that connectivity is not an issue for tenants at 130 Slater Street so that they can focus on growing their business and serving customers.”
130 Slater has achieved the Silver Wired Certification. Highlights from WiredScore’s comprehensive assessment include making multiple secure fibre options available to tenants and empowering them to choose their preferred service provider and secure competitive pricing for high-speed internet; providing capacity for future digital buildouts as technology evolves; and enabling quicker set up time when moving into the building.
“Many of the tenants at 130 Slater Street are from the technology and training sectors, industries that depend on outstanding connectivity,” said Brent Arseneau, leasing manager at Colonnade BridgePort. “As a real estate company, we want to do everything we can to help tenants in our buildings be successful and profitable, and we feel that access to the digital connectivity that they need is a major part of that.”
In addition to 130 Slater Street, Colonnade BridgePort is in the process of attaining Gold Wired Certification at 66 Slater, also owned by KingSett Capital and managed by Colonnade BridgePort.