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Date Entered: 11/06/2013
Subject: 2012 June Moncton Office Demand
Attachment: 5.pdf (Original file name: 5.pdf)
Comment: Monctonís overall office vacancy rate decreased this year, from 10.22% in 2011 to 7.84% in 2012, despite a skyrocketing vacancy rate for Class C space, which is now the highest in Atlantic Canada. The enclosed press release results from what we believe is the most comprehensive survey of office and warehouse space ever undertaken in Greater Moncton. Recently completed for the Federal Government, the survey is the latest of six studies which pour over the entrails of Monctonís office rental market to determine trends in vacancy, rental and operating expenses.