• 224,459 sq. ft. of inventory was added to the recorded inventory of CBRE’s Moncton office statistics in Q1 2020, bringing total inventory to 3.6 million sq. ft.

• The downtown core consists of 2.5 million sq. ft. of office inventory, while the suburban market accounts for the remaining 1.1 million sq. ft. of space.

• Overall average net rents increased $0.06 per sq. ft. quarter-over-quarter to $12.67 per sq. ft.

• Overall vacancy within the Moncton office market sits at 14.1%.