• The Moncton office market experienced a slow quarter in Q4 2020, recording 11,157 sq. ft. of negative net absorption.

• The vacancy rate within the market increased 30 bps quarter-over-quarter up to 14.4%.

• Average net rental rates in Moncton decreased $0.03 per sq. ft. to $12.55 per sq. ft. in Q4 2020, and average taxes and operating costs were up $0.15 per sq. ft. to $10.38 per sq. ft.