Atlantic Canada · Submarket

Moncton

Growth hub of Atlantic Canada · 180K CMA population

6.8%
Office Vacancy
6.25%
Avg Cap Rate (Office)
+3.4% YoY
YoY Rent Change
$68M TTM
Transaction Volume

Market Summary

Moncton is the fastest-growing commercial real estate market in Atlantic Canada by percentage terms. Population growth driven by immigration and interprovincial migration from higher-cost provinces is fuelling demand across all asset classes.

Industrial availability has dropped below 2% — a structural supply deficit. Three new industrial parks are under planning, but serviced land supply is projected to be exhausted within 18 months at current absorption rates.

The office market is healthier than Halifax, with vacancy below 7% and steady absorption from professional services and tech tenants. Dieppe and Riverview are emerging as suburban alternatives.

Recent Transactions
Industrial · Q2 2026
5.2 acres Land sale — Dieppe · Industrial zoning
Office · Q1 2026
12,400 SF Lease — Downtown Moncton · Professional services
Retail · Q4 2025
3,800 SF Lease — Mountain Road corridor
Moncton — Office Vacancy Rate (%)
Moncton — Average Net Rent ($/SF)
Considering Moncton CRE?

Maritime CRE Team covers Moncton and the full Atlantic Canada market. Get in touch for advisory on acquisitions, leasing, or valuation.

Contact our team
Research · Moncton

Chronicle reports for Moncton will appear here as they are published.

Browse all research →