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Halifax Industrial Market Report Q1 2021

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Halifax industrial market continues to thrive, with vacancy rates hitting record lows, and welcoming Amazon to Burnside Industrial Park as Halifax becomes a premier destination for business, tourism, and residency in Canada.

  • Vacancy rate dipped to 5.0% across the industrial market, Burnside leading the pack with a vacancy rate of 4.6% as demand remains high in the growing industrial park.
  • Amazon plants roots in Nova Scotia. Purchases 215,108 square foot building for over $15 million. Associated delivery provider expands.
  • Stevens Group complete North Ridge II, adding a much-needed 68,508 SF of modern new supply to the market.
     

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Halifax Industrial Market Report Q1 2021

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For More Information, Please Contact:

Greg Taylor

Managing Director

Halifax

Greg has been involved in multiple aspects of commercial real estate over the past 30 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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