All Sq Ft Area

  • All Sq Ft Area
  • Less than 1,000
  • 1,000 to 5,000
  • 5,000 to 10,000
  • 10,000 to 30,000
  • 30,000 to 50,000
  • 45,000 to 50,000
  • 50,000+

Price Range: From to

The Impact of COVID-19 on Commercial Real Estate

The Impact of COVID-19 on Commercial Real Estate
Lee & Associates held a discussion with a panel of experts from our U.S. offices, moderated by CEO, Jeff Rinkov, to discuss the impact of COVID-19 on their commercial real estate market. Here are the key topics and discussion points from our American colleagues: Market Impact Overviews: Industrial, Capital Markets and Investment, Multifamily, Office, Retail, and [...]

Tri-Cities/Ridge Meadows Industrial Market Insight and Outlook

Tri-Cities/Ridge Meadows Industrial Market Insight and Outlook
Metro-Vancouver holds one of the strongest industrial markets in the world so it’s no surprise that the lack of supply is continuously driving industrial values upwards. The Tri-Cities/Ridge Meadows markets in particular have experienced accelerated rental growth, with average asking rental rates of $13.48 per square foot in Q4 2019 which demonstrates a significant hike [...]

Metro Vancouver Q4 2019 Industrial Market Overview

Metro Vancouver Q4 2019 Industrial Market Overview
Metro Vancouver’s industrial market continues to experience historically low vacancy rates. Despite almost 5 million square feet of space coming to market in 2019, most of it had been pre-leased or pre-sold upon completion. Due to high demand and lack of availability, lease rates and sale prices are also continuing to rise. Moreover, a surge [...]

Metro Vancouver Q4 2019 Office Market Overview

Metro Vancouver Q4 2019 Office Market Overview
Metro Vancouver concluded another strong year of positive office leasing absorption in line with its 5-year average of just under 1 million square feet. Correspondingly, the continued leasing and lull in completed product available has resulted in significant rental rate escalation over the last 12 months. Vacancy rates in all but a couple of Metro [...]

Metro Vancouver’s Bricks-and-Mortar Property Sector Rebuilding

Metro Vancouver’s Bricks-and-Mortar Property Sector Rebuilding
Following the release of Lee & Associates Vancouver’s latest Retail Executive Summary, Senior Vice President Neil McAllister spoke to Business in Vancouver about the bricks-and-mortar retail market in Metro Vancouver. "Vancouver, McAllister noted, is playing catch-up on shopping space because it has a relative shortage of shopping venues. This is in spite of Metro Vancouver posting an [...]

Metro Vancouver Q3 2019 Industrial Market Report

Metro Vancouver Q3 2019 Industrial Market Report
For Q3 2019 the Metro Vancouver industrial market experienced a decrease in the vacancy rate, hitting 1.42% compared to the 1.46% posted at the end of the second quarter. Vacancy rates show no drastic change and continue to remain below 2.0% since the beginning of 2016. Despite over 3.4 million square feet of space coming [...]

Metro Vancouver Q3 2019 Office Market Overview Released

Metro Vancouver Q3 2019 Office Market Overview Released
A more subdued third quarter in office leasing and sales activity was recorded as all-time high rental rates and all-time low vacancy rates dampen deal velocity and a "wait & see" approach starts to take hold, particularly in major investment sales in the lead up to Canada’s federal election October 21, 2019. Widening gross rental [...]

2019 Metro Vancouver Retail Executive Summary

2019 Metro Vancouver Retail Executive Summary
We are pleased to present the Lee & Associates Vancouver 2019 Retail Executive Summary. Highlights: The 2019 retail investment market saw 105 sales with a total sales figure of $0.454 Billion. Among those transactions was the share sale of Cottonwood Mall at 45585 Luckakuck Way in Chilliwack; the regional shopping centre was purchased by local developer, [...]