Home Team Leaders Products News & Research Contact Us Related Sites Site Map Search Client Area
    Newsletters  |  Research  |  Media Centre  |  Surveys  |  TDP Trends  |  Case Studies  |  Careers  |  Quality Ratings  |  Webinars  |  Blog  

News & Research


Date Entered: 07/20/2018
Subject: 2018 June St. Johnís Office Survey
Attachment: 195.pdf (Original file name: 2018 June Market Survey Synopsis (St Johns IOF ).pdf)

Overall office vacancy in St. John’s climbed over 20% in June 2018, and rental rates are falling accordingly. The overall office rental rate decreased from $19.07 per square foot to $18.88 alongside an increase in the vacancy rate from 18.01% in 2017 to 20.01% in 2018. Downtown office vacancy has risen to 26.97%. To learn more, click on the attachment and view this PDF document using an Acrobat Reader Plug-in (available as a free download from the Adobe Web Site, www.adobe.com).

Market Surveys is a free service provided by Turner Drake & Partners Ltd. to landlords, tenants, investors and property developers in Atlantic Canada. The Market Surveys are the most comprehensive ever conducted in the region and cover 30 million square feet of space in over 600 office and warehouse buildings in H.R.M., Moncton, Saint John, Fredericton, Charlottetown and St. John’s. Market Surveys are archived on the public area of our web site at www.turnerdrake.com/newsresearch/surveys.asp. You can unsubscribe at anytime by hitting “reply”, typing “unsubscribe” followed by your name and e-mail address, and hitting “send”.