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.