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Moncton Industrial Market Report Q2 2023

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research article

Q2’s vacancy rate comes in at 9.0%. This increase is attributed to the growing availability in two of the most high-demand Industrial Parks. 

  • As developers continue constructing new industrial buildings, the lease rates will remain significantly higher than the existing inventory, primarily due to the cost of construction materials.

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Moncton Industrial Market Report Q2 2023

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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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