• The Fredericton office market boasts the lowest vacancy rate amongst all major markets in the Atlantic market at 7.3%.

• Fredericton saw 43,632 sq. ft. of positive absorption in Q2 2018.

• The average net rental rate for the market increased moderately quarter-over-quarter, increasing $0.08 per sq. ft. up to $12.68 per sq. ft.

• The office market is anticipating 89,930 sq. ft. of new supply in Spring 2020.

• Class C assets in both the downtown and suburban market reported the highest vacancy in the total market.