- The Halifax office market experienced a relatively flat Q3 2020, recording 2,231 sq. ft. of positive net absorption.

- The vacancy rate within the market decreased 70 basis points (bps) to 15.4% mainly due to reclassification and adjustments to overall inventory.

- Net rental rates shifted upwards $0.09 per sq. ft. to $15.18 per sq. ft., while average taxes and operating costs increased $0.05 per sq. ft. to $14.35 per sq. ft quarter-over-quarter.