The value of industrial strata in the central markets of Metro Vancouver has increased by an average of 71% since the beginning of 2016. In the first half of 2019, record setting sales have put a spotlight on the strata market for developers, investors and owner-occupiers.
As recently reported by Colliers, this is the lowest vacancy rate seen in the Lower Mainland in over a decade and is contributing to substantial upward pressure on both lease rates and sale values.
Stefan Morissette and Sean Bagan are pleased to present the latest edition of The Strata Review, providing you a quick update on the Richmond, Delta, South Burnaby and South Vancouver industrial markets in recent 2018. To learn more, please download the newsletter.