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Date Entered: 11/06/2013
Subject: 2012 Dec Fredericton Office & Ind Demand
Attachment: 9.pdf (Original file name: 9.pdf)
Comment: Fredericton boasts the lowest overall office vacancy rate in the Maritimes, despite an increase of 0.9 percentage points over the past year; vacancy now sits at 7.33%. Fredericton also commands the highest overall net rental rate in New Brunswick, $12.97/ft.≤. The enclosed press release results from what we believe is the most comprehensive survey of the office market ever undertaken in Greater Fredericton. Completed recently, the survey is the latest of fourteen studies which pour over the entrails of Frederictonís office and warehouse rental markets to determine trends in vacancy, rental rates and operating expenses.