• The Moncton industrial market recorded 117,809 sq. ft. of positive net absorption in Q4 2020.  

• The availability rate within the market dropped significantly this quarter, down 110 basis points (bps) to 4.8%.

• Average asking net rental rates increased in all four submarkets and were up $0.02 per sq. ft. to $7.23 per sq. ft. for the overall industrial market. Taxes and operating costs increased $0.03 per sq. ft. to $3.96 per sq. ft.