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: 02/04/2021
Subject: December 2020 Ė St. Johnís, NFLD Office Survey
Attachment: 224.pdf (Original file name: Dec 2020 Synopsis St Johns.pdf)

The office vacancy rate in St. John’s increased 4.39 percentage points year-over year, and now sits at 19.99%. Downtown St. John’s vacancy rate finished 2020 at 37.46%, 17.47 percentage points higher than Greater St. John’s as a whole. North St. John’s, East & West St. John’s, and the Mount Pearl submarkets all enjoyed falling vacancy rates year-over-year. 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.

The full results of our survey are available for purchase on a one-off or subscription basis. These include a wealth of detailed aggregate and building-specific market information on rental rates, property taxes and operating expenses, vacancy and absorption rates, and building amenities. To purchase or subscribe, please contact Alexandra Baird Allen at 709-722-1811 or abairdallen@turnerdrake.com.