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Moncton Industrial Market Report Q4 2022

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research article

For Q4, all pre-leasing properties have been removed from the current vacancy bringing our vacancy rate for this quarter to 7.3%.

  • The asking average gross rent increased by $2.07 per square foot this quarter which is a direct reflection of new constructions being brought to market with higher net rents and landlords adjusting their rents to reflect the current state of the market. 


Moncton Industrial Market Report Q4 2022

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Pour plus d’informations, veuillez contacter:

Bill Hennessey

Managing Director

New Brunswick

Bill has been an active member of the Greater Moncton business community for over 20 years. He has been a shareholder with a variety of gaming and technology companies. Bill brings his unquestionable desire to provide excellent customer service to Colliers International. Using technology and creative business acumen, he has redefined the traditional process of commercial sales.

Bill is a strong believer in and supporter of community engagement. He was a key member of the Kay Community Centre Foundation. This dedicated group of volunteers saved a local Moncton hockey rink from destruction and transformed it into the Crossman Community Centre. Today the Centre hosts a variety of activities for people of all ages. Bill is currently a coach in minor hockey. He is also the 2nd Vice Chairperson of the Friends of the Moncton Hospital Foundation. The Foundation is currently raising $10M to improve the quality of care at the hospital.

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