New Brunswick MarketBeat Reports

Bill MacAvoy • 7/23/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.


Learn more by clicking our most recent New Brunswick MarketBeat reports below.

Current Marketbeats

Office MarketBeat Report
Q2 2020 New Brunswick Office Report

New Brunswick’s overall office vacancy rate rose by 40 basis points (bps) from 12.8% last quarter to reach 13.2% in the second quarter of 2020. Saint John was the only submarket to see a decrease in vacancy, as it fell to 24.1% this quarter, a 30-bps quarter-over-quarter change. The Moncton and Fredericton submarkets saw moderate increases to vacancy as Moncton had a 60-bps rise to reach 8.6% this quarter, while Fredericton experienced an 80-bps jump to finish the second quarter with vacancy of 7.2%. 

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Industrial MarketBeat Report
Q2 2020 New Brunswick Industrial Report

New Brunswick’s industrial market saw a total of 58,788 square feet (sf) of negative absorption this quarter, resulting in a 110-basis point (bps) quarter-over-quarter increase to 14.6% in the second quarter of 2020. 

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