• The Fredericton office market maintains the lowest vacancy rate in the Atlantic region.

• Fredericton saw 10,006 sq. ft. of negative absorption in Q4 2017.

• The average net rental rate for the market increased quarter-over-quarter, up to $12.58 per sq. ft.

• The office market is anticipating 89,930 sq. ft. of new supply in 2018.

• Class C assets in the downtown core (CBD) and the suburban market reported the highest vacancies in the total market.