•The overall industrial availability rate decreased 30 bps quarter-over-quarter down to 7.4%.

•Average net rents saw a quarter-over-quarter increase of $0.14 up to $7.09 per sq. ft.

•28,518 sq. ft. of absorption occurred in Q4 2017, up from the 5,011 sq. ft. recorded in Q3 2017.

•Owner occupied space controls the majority of the industrial market at 51.7% of the total industrial inventory.

•The Victory Industrial Park maintains the highest vacancy rate of all Moncton submarkets at 13.5%.