Commercial Real Estate Services
in the Greater Vancouver Area

Colliers is pleased to be awarded management of GloveBox, a new 150,000 SF Class A office building developed by KingSett Capital, Zehr Group, and Momentum Partnership, opening this week at 120 Victoria Street South in downtown Kitchener.

Colliers Real Estate Management Services is pleased to have been awarded management of The Offices at Burrard Place.

Riverworks is Southwest Vancouver’s newest development to feature functional, forward-thinking strata office and industrial space.

Last month, Colliers hosted an office tour of our downtown Vancouver location for SFU Beedie Urban Development Program undergraduate students. The visit featured an opportunity to learn about the brokerage business from both our local leadership and top advisor.

Office vacancy decreased in over half of Colliers' tracked markets. This suggests optimism in the office sector, as summer can sometimes see subdued activity. While suburban office was once considered a secondary option, suburban vacancy rates are almost universally lower than downtown. Lower asking rents, free parking, and shorter commutes all contribute to the appeal of the suburbs.

The second quarter of 2022 saw volumes decline in four major asset classes, with only hotel recording growth from the prior quarter.