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News & Research

Media Centre

Date Entered: 07/31/2018
Subject: Office Vacancy on the Decline in NB
Attachment: 104.pdf (Original file name: 2018 June New Brunswick Press Release.pdf)

Vacancy is down in all three of New Brunswick’s major office markets versus a year ago. Fredericton is now the only Atlantic Canadian city surveyed in June of each year to boast an office vacancy rate below the 10% mark. The province continues to have the lowest average net rental rates…and sufficient space for tenants looking for a good deal to choose from.