October 5, 2018
Vancouver Office MarketView Q2 2018
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There is no question that the pandemic has underscored the importance of life sciences and revealed existing gaps in our health care system. Canada has lagged in supplying commercial real estate to nurture this essential, fast-growing industry.
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.
Metro Vancouver office vacancy increased for the second successive quarter to 5.4%
Market HighlightsFollowing a period of significant development, the office pipeline is lightening, with some suburban projects on hold until economic uncertainty clears.
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