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

Metro Vancouver Q3 2018 Office Market Overview

Metro Vancouver’s office market witnessed less positive absorption this past quarter, however three (3) >100,000 SF pre-lease deals Downtown by the co-working, financial, & technology sectors showcases the region’s sustained diverse economy.

Overall vacancy rates dropped a full percentage point to 6.2% and despite the large deals recorded Downtown, leasing activity in the Suburbs of Metro Vancouver outweighed activity Downtown by a 2:1 margin.

Meanwhile, an all-time high 21 office buildings are under construction in Metro Vancouver to supply 3.5M SF in the next five years.

Related posts

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

Following the release of Lee & Associates Vancouver’s latest Retail Executive Summary, Senior...

Continue reading

Metro Vancouver Q3 2019 Industrial Market Report

For Q3 2019 the Metro Vancouver industrial market experienced a decrease in the vacancy rate,...

Continue reading

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...

Continue reading