by Vicky Xing | Mar 2, 2022 | HTFG Insights, Tech Space Quarterly
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...
by Vicky Xing | Dec 15, 2021 | HTFG Insights, Tech Space Quarterly
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...
by Vicky Xing | Aug 25, 2021 | HTFG Insights, Tech Space Quarterly
Market Highlights Vacancy rates for all classes of office product in Metro Vancouver increased 60 basis points (bps) to 6.9% in Q2 2021. New office inventory introduced to the market this quarter contributed to the increase in vacancy in the downtown core. In...
by Jammay Louie | May 19, 2021 | HTFG Insights, Tech Space Quarterly
Market HighlightsThe vacancy rate for all classes of office product in Metro Vancouver inched up 10 basis points (bps) from Q4 2020 and now sits at 6.3%. Nearly half of all this vacant product is located within the Downtown market.Compared to Vancouver’s Downtown...
by Jammay Louie | Feb 24, 2021 | HTFG Insights, Tech Space Quarterly
Market Highlights Metro Vancouver office vacancy increased for the third consecutive quarter to 6.2%, up 280 basis points (bps) from the 2019 year-end total Downtown vacancy rose by 120 bps in comparison to Q3 2020 (now 5.8%), returning to levels last seen in Q2 2017...
by Jammay Louie | Nov 3, 2020 | Tech Space Quarterly
Market Highlights Metro Vancouver office vacancy increased for the second successive quarter to 5.4% Downtown vacancy rose by 130 basis points (bps) compared to Q2 2020 (now 4.6%) Vacancy in suburban market settled at 6.3%, 30 bps over Q2 2020 Metro Vancouver remained...