Figures
Halifax Industrial Figures Q2 2026
Sustained demand supports industrial market
July 14, 2026 5 Minute Read
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- The Halifax industrial market continues to see significant leasing activity in Q2 2026, with 138,000 sq. ft. of positive net absorption.
- The industrial market saw availability drop 80 basis points (bps) quarter-over-quarter to 7.8%.
- High-quality space remains in-demand, with new-construction spaces seeing significant absorption, and large-format space remains limited.
- With building costs continuing to rise, the industrial development pipeline remains constrained, with only 16,000 sq. ft. currently under construction.
- All four industrial submarkets recorded improved conditions in Q2 2026 as sustained leasing activity continued to reinforce Halifax's position as Atlantic Canada's primary logistics and distribution hub.