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Halifax came through the recession basically unscathed in the commercial real estate industry. The office vacancy rate remained flat with any tenant losses backfilled by expanding government departments. The industrial sector was more affected with the vacancy rate rising slightly by year end. New construction is on-going in the suburbs and projects for downtown are active and some site work has been started. For a copy of the latest happenings in the Halifax commercial real estate market, please click the link below for the Q4 Halifax Market Report.
Contact Pam Macfarlane at 902.423.1825 for more information.
  Hfx4Q09.pdf
Email Report Link To Your Friend
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