Halifax Industrial Market Report Q1 2020

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The Halifax industrial market experienced a minimal increase in vacancy of 30 bps (Basis points) since the previous quarter, starting the year off at 9.7%. 

  • This slight uptick was anticipated, with creative flooring solutions officially exiting their former space at 30 Akerley leaving behind approximately 30,000 square feet. 
  • Various tenants expected to vacate space within the Bedford/Sackville submarket also had a considerable impact on this outcome, proving a slow start to 2020 prior to the global impact of Covid-19. 

  • It is uncertain whether these overall trends of increased vacancy will persist throughout the next few quarters due to Covid.

Halifax Industrial Market Report Q1 2020

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Pour plus d’informations, veuillez contacter:

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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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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