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Halifax Industrial Market Report Q3 2020

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research article

The Halifax industrial market is showing resiliency despite the anticipated impacts of Covid-19, reporting 41,163 square feet of positive absorption for the quarter. 

  • Overall vacancy increased slightly due to an additional 63,930 square feet coming online at 315 Wilkinson in the submarket of Burnside.
  • The Vacancy rate for Bedford/Sackville declined by 250 Bps from 8.0% to 5.5% for Q3. 
  • The submarket of Bayer’s Lake experienced minimal activity with a total of 2,084 square feet coming back onto the market.

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Halifax Industrial Market Report Q3 2020

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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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Janice Mitchell

President, 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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