• The Halifax office market saw 18,518 sq. ft. of negative net absorption in Q2 2020, after recording four consecutive quarters of positive absorption.
• The Armour Group’s CBD Class A “Queen’s Marque” came online in Q2 2020; a project that is approximately 90% leased.
• Net rental rates within the office market increased significantly to $15.09 per sq. ft. from $14.77 per sq. ft. due to the increase of new product added to the market. 
• Westwood Developments started the early stages of construction on phase 1 of their Richmond Yards development in the North End. The mixed-use commercial development is scheduled to add approximately 75,000 sq. ft. of office space to the suburban market in 2022.