Vancouver & Canada Office Figures Q1 2022
Canada Office Figures Q1 2022VANCOUVER:Vancouver has seen improved fundamentals over the last two quarters and has developers pushing to keep up with demand as 3.7 million sq. ft. is currently under construction. Although 63.9% of this product has been pre-leased,...
The Great Resignation’s Impact on Office Users
The Great Resignation’s Impact on Office UsersMore U.S. workers are leaving their jobs than ever before, and job openings exceed willing workers—a trend dubbed the “Great Resignation” in headlines. What does this mean for office occupiers, and what can they do to...
Vancouver Office MarketView Q4 2021
Market HighlightsVacancy rates for all classes of office product in Metro Vancouver decreased by 40 basis points (bps) to 7.0% in Q4 2021 2021. Even though 543,000 sq. ft. of new office inventory was introduced this quarter, nearly three-quarters were pre-leased prior...
Vancouver Office MarketView Q3 2021
Market Highlights Vacancy rates for all classes of office product in Metro Vancouver increased 50 basis points to 7.4% in Q3 2021. Over 600,000 sq. ft. of new office inventory introduced this quarter contributed to the increase of vacancy in the market. Suburban...