• Q4 2019 saw the overall industrial availability rate rise 20 basis points (bps) quarter-over-quarter up to 5.9%.

• The Moncton industrial market recorded an increase in average net rents of $0.09 per sq. ft. on the quarter to $7.19 per sq. ft.

• Total absorption for the entire market was 17,018 sq. ft. of negative net absorption. 

• Moncton and Victory industrial parks saw positive absorption of 45,455 sq. ft. and 1,313 sq. ft., respectively; Caledonia and Dieppe Industrial Parks experienced negative absorption.