10/21/2026
Our Q3 2026 Atlantic Office Market Snapshot is here! 📊🏢
Our latest office market reports are now available for Halifax, Moncton and Charlottetown, highlighting three distinct office market conditions across Atlantic Canada.
What’s Happening in Halifax:
• Vacancy declined to 7.6%
• Net absorption was approximately -9,000 SF
• Average asking net rent reached $18.34 PSF
• Despite slightly negative absorption during the quarter, Halifax maintains the lowest office vacancy rate of the three markets.
🔗 https://www.collierscanada.com/.../halifax-office...
What’s Happening in Moncton:
• Vacancy increased to 11.6%
• Average asking net rent was $15.35 PSF
• Average asking gross rent was $25.07 PSF
• Increased availability is providing tenants with more choice, while pricing remains competitive relative to other Atlantic markets.
🔗 https://www.collierscanada.com/.../moncton-office...
What’s Happening in Charlottetown:
• Vacancy was 11.6%
• Average asking net rent reached $20.35 PSF
• Average asking gross rent reached $29.73 PSF
• While vacancy is comparable to Moncton, Charlottetown continues to command the highest average asking office rents of the three surveyed markets.
🔗 https://www.collierscanada.com/.../charlottetown-office...
Across all three markets, Q3 reflects varying levels of availability, tenant choice and rental pricing, reinforcing the importance of looking beyond headline vacancy rates when assessing Atlantic Canada’s office markets.