News & Insights
Techspace Quarterly
Curious about what’s been happening in Vancouver tech? Who’s making moves and what topics are trending? We bring you the industry’s top highlights every quarter so you can stay in the loop! Check out our most recent newsletter here. Join our mail list to get the latest industry stats, market trends, and insights about Vancouver’s technology community.
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Techspace Quarterly
Curious about what’s been happening in Vancouver tech? Who’s making moves and what topics are trending? We bring you the industry’s top highlights every quarter so you can stay in the loop! Check out our most recent newsletter here. Join our mail list to get the latest industry stats, market trends, and insights about Vancouver’s technology community.
Vancouver Office Figures Q1 2023
Market HighlightsMetro Vancouver’s vacancy rate increased for the third quarter in a row, growing 60 basis points (bps) to 8.4%, and presently stands 60 bps above the 10-year historical average of 7.8%. Following a quarter of negative net...
Vancouver Office MarketView Q4 2022
Market Highlights Metro Vancouver’s vacancy rate increased for the second quarter in a row, growing 120 basis points (bps) quarter-over-quarter to 7.8%. Occupiers, particularly in the downtown core, increased sublease listing activity in assessing their...
Vancouver Office Figures Q1 2023
Market HighlightsMetro Vancouver’s vacancy rate increased for the third quarter in a row, growing 60 basis points (bps) to 8.4%, and presently stands 60 bps above the 10-year historical average of 7.8%. Following a quarter of negative net...
Vancouver Office MarketView Q4 2022
Market Highlights Metro Vancouver’s vacancy rate increased for the second quarter in a row, growing 120 basis points (bps) quarter-over-quarter to 7.8%. Occupiers, particularly in the downtown core, increased sublease listing activity in assessing their...
Vancouver Office MarketView Q3 2022
Market HighlightsFor the first time in four quarters Metro Vancouver’s office vacancy rate experienced an increase, growing 30 basis points (bps) quarter-over-quarter to 6.6%. Suburban markets continue to drive change, though through Q3 2022, new to market subleases...
2022 Tech-30
2022 Tech-30Tech-30 explores the tech industry’s impact on office space and ranks the 30 leading tech markets in the U.S. and Canada, as well as 10 up-and-coming tech markets. This year, Vancouver landed in the #1 spot out of 30 markets Tech industry job growth...
Vancouver Office MarketView Q2 2022
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%,...
Scoring Tech Talent 2022
Scoring Tech Talent 2022The Scoring Tech Talent report is a comprehensive analysis of labour market conditions, costs, and qualities for highly skilled tech workers. The top 50 markets in the U.S. and Canada were ranked according to their competitive advantages and...
Canada Office Figures Q2 2022
Canada Office Figures Q2 2022 Office market steading, with Vancouver and suburban markets leading the recovery. Office market conditions are steadying following a challenging first quarter. With omicron concerns now largely abated, Vancouver and suburban markets are...
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 Figures Q1 2023
Market HighlightsMetro Vancouver’s vacancy rate increased for the third quarter in a row, growing 60 basis points (bps) to 8.4%, and presently stands 60 bps above the 10-year historical average of 7.8%. Following a quarter of negative net...
Vancouver Office Figures Q1 2023
Market HighlightsMetro Vancouver’s vacancy rate increased for the third quarter in a row, growing 60 basis points (bps) to 8.4%, and presently stands 60 bps above the 10-year historical average of 7.8%. Following a quarter of negative net...
Vancouver Office MarketView Q4 2022
Market Highlights Metro Vancouver’s vacancy rate increased for the second quarter in a row, growing 120 basis points (bps) quarter-over-quarter to 7.8%. Occupiers, particularly in the downtown core, increased sublease listing activity in assessing their...
Vancouver Office Figures Q1 2023
Market HighlightsMetro Vancouver’s vacancy rate increased for the third quarter in a row, growing 60 basis points (bps) to 8.4%, and presently stands 60 bps above the 10-year historical average of 7.8%. Following a quarter of negative net...
Vancouver Office MarketView Q4 2022
Market Highlights Metro Vancouver’s vacancy rate increased for the second quarter in a row, growing 120 basis points (bps) quarter-over-quarter to 7.8%. Occupiers, particularly in the downtown core, increased sublease listing activity in assessing their...
Vancouver Office MarketView Q3 2022
Market HighlightsFor the first time in four quarters Metro Vancouver’s office vacancy rate experienced an increase, growing 30 basis points (bps) quarter-over-quarter to 6.6%. Suburban markets continue to drive change, though through Q3 2022, new to market subleases...
Vancouver Office MarketView Q2 2022
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%,...
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...
Vancouver Office MarketView Q3 2022
Market HighlightsFor the first time in four quarters Metro Vancouver’s office vacancy rate experienced an increase, growing 30 basis points (bps) quarter-over-quarter to 6.6%. Suburban markets continue to drive change, though through Q3 2022, new to market subleases...
2022 Tech-30
2022 Tech-30Tech-30 explores the tech industry’s impact on office space and ranks the 30 leading tech markets in the U.S. and Canada, as well as 10 up-and-coming tech markets. This year, Vancouver landed in the #1 spot out of 30 markets Tech industry job growth...
2022 Tech-30
2022 Tech-30Tech-30 explores the tech industry’s impact on office space and ranks the 30 leading tech markets in the U.S. and Canada, as well as 10 up-and-coming tech markets. This year, Vancouver landed in the #1 spot out of 30 markets Tech industry job growth...
Scoring Tech Talent 2022
Scoring Tech Talent 2022The Scoring Tech Talent report is a comprehensive analysis of labour market conditions, costs, and qualities for highly skilled tech workers. The top 50 markets in the U.S. and Canada were ranked according to their competitive advantages and...
Canada Office Figures Q2 2022
Canada Office Figures Q2 2022 Office market steading, with Vancouver and suburban markets leading the recovery. Office market conditions are steadying following a challenging first quarter. With omicron concerns now largely abated, Vancouver and suburban markets are...
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...
2021 Tech-30
2021 Tech-30 Vancouver landed in the #3 spot out of 30 markets in our newly released 2021 Tech-30 report. The report measures the tech industry’s impact on North America’s job and office markets. The tech industry has continuously made a positive impact on our job and...
Scoring Tech Talent 2021
Scoring Tech Talent 2021 The Scoring Tech Talent report is a comprehensive analysis of labour market conditions, costs, and qualities for highly skilled tech workers. The top 50 markets in the U.S. and Canada were ranked according to their competitive advantages and...
Top 10 Predictions for the Future of Workplaces
How the future of work looksThe pandemic has significantly altered how and where business is carried out. As COVID-19 restrictions begin to relax, our research team highlights 10 predictions for the future of workplaces!1. Remote work is here to stay. Due to the...
Canada Office Figures Q2 2022
Canada Office Figures Q2 2022 Office market steading, with Vancouver and suburban markets leading the recovery. Office market conditions are steadying following a challenging first quarter. With omicron concerns now largely abated, Vancouver and suburban markets are...