by Vicky Xing | Aug 23, 2022 | HTFG Insights, Tech Space Quarterly
Market HighlightsVancouver office vacancy rates experienced its fourth consecutive quarter of downward pressure with suburban markets continue to spearhead this decrease. Sustained demand within these markets could push vacancy rates below the record low of 4.5%,...
by Vicky Xing | Jun 7, 2022 | HTFG Insights, Tech Space Quarterly
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...
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 msdadmin | 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...