Halifax Industrial Market Report Q3 2019

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The Halifax industrial market experienced minimal activity during Q3 with the overall vacancy rate rising a mere 40 bps quarter-over-quarter to 10.5%. Despite an overall increase in vacancy, Burnside recorded 76,663 SF of positive net absorption.

  • The vacancy rate for Burnside remained steady for Q3 coming in at 9.5%. 

  • 82,000 SF of new supply was introduced into the market on Trider crescent and 35,053 SF came online at 409 Higney.

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Halifax Industrial Market Report Q3 2019

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Janice Mitchell

President | Managing Broker Industrial Sales and Leasing

Halifax

Janice embarked on a career in commercial real estate in March of 1983 and specializes in the Industrial market. She has consistently been one of the top producing agents in the field of Industrial Sales and Leasing since that time.

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Greg Taylor

Vice President | Managing Director

Halifax

Greg has been involved in multiple aspects of commercial real estate over the past 15 years. He is part of the top investment brokerage team in Atlantic Canada. The creative and strategic approach the team brings to client engagements has resulted in many successful closings. In addition to his responsibilities in investment sales, Greg is the Vice President of Colliers International (Nova Scotia) Inc., and a shareholder in the company.

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