• Vacancy rates in the Fredericton office market were flat this quarter staying at 5.9%.

• Fredericton recorded 774 sq. ft. of positive net absorption in Q2 2019.

• Q2 2019 saw average net rents in the Fredericton office market rise $0.03 per sq. ft. quarter-over-quarter up to $12.74 per sq. ft. 

• A Ross Ventures development is expected to bring 89,930 sq. ft. of new supply to the market in the spring of 2020.