Halifax Industrial Market Report Q2 2018

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Second quarter market statistics providing key market indicators for the Halifax industrial real estate market.


  • The Halifax industrial market experienced a decline in vacancy, decreasing to 10.8% in the second quarter of 2018 from 11.3% overall last quarter. This market has seen a large decline in vacancy year over year from 15.4% in 2017 to 10.8% in 2018.
  • Efficient, well connected and environmentally friendly buildings are in high demand. Four new multi-tenant projects are currently under construction in Burnside with completion estimated for Q2 2019.
  • Sale activity in the Burnside Business Park increased this quarter with several warehouse buildings changing hands. These transactions included owner-occupied premises as well as multi-tenant buildings.

Halifax Industrial

Halifax Industrial Market Report Q2 2018

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