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News & Research


Date Entered: 02/16/2018
Subject: 2017 Dec. Charlottetown Office&Warehouse
Attachment: 192.pdf (Original file name: 2017 December Market Survey Synopsis (Charlottetown Office & Warehosue).pdf)

Charlottetown has the second healthiest office market in Atlantic Canada. Overall vacancy in Charlottetown has dropped by 3.16 percentage points, driven by a decrease in supply of downtown rental space. The overall warehouse vacancy rate in Greater Charlottetown dipped from 15.87% in 2016 to 10.63% in 2017, accompanied by a 5.05% decrease in the rental rate. To learn more, click on the attachment and view this PDF document using an Acrobat Reader Plug-in (available as a free download from the Adobe Web Site, www.adobe.com ).

Market Surveys is a free service provided by Turner Drake & Partners Ltd. to landlords, tenants, investors and property developers in Atlantic Canada. The Market Surveys are the most comprehensive ever conducted in the region and cover 30 million square feet of space in over 600 office and warehouse buildings in H.R.M., Moncton, Saint John, Fredericton, Charlottetown and St. John’s. Market Surveys are archived on the public area of our web site at www.turnerdrake.com/newsresearch/surveys.asp. You can unsubscribe at anytime by hitting “reply”, typing “unsubscribe” followed by your name and e-mail address, and hitting “send”.