Vancouver Office MarketView Q1 2022
Market HighlightsVacancy rates for all office product classes throughout Metro Vancouver dropped 10 basis points (bps) quarter-over-quarter to 6.9% in Q1 2022. This is the second consecutive quarterly decline since vacancy peaked at 7.4% in Q3 2021.Following...
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...
Vancouver Office MarketView Q2 2021
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...