• Q3 2019 saw the overall industrial availability rate rise 10 basis points (bps) quarter-over-quarter up to 5.7%.

• The Moncton industrial market recorded a decrease in average net rents of $0.01 per sq. ft. on the quarter to $7.10 per sq. ft.

• The industrial market recorded 18,069. ft. of negative net absorption. 

• The Moncton Industrial Park experienced the most movement, recording 47,464 sq. ft. of negative net absorption, while the Caledonia, Dieppe and Victory Industrial Parks recorded positive net absorption.