Second quarter market statistics providing key market indicators for the Halifax office real estate market.
- The overall vacancy rate within the Halifax office market decreased 20 basis points this quarter to 16.7%.
- There continue to be many options for tenants looking to locate in the downtown sub-market, with several buildings having multiple full floor vacancies and a large quantity of demisable options.
- Approximately 32,500 square feet of office space is currently under construction in the Dartmouth sub-market and is expected to come online in Q2 2019.
