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Vancouver Industrial Market Report Q2 2023

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research article
  • Industrial asking rates in the Greater Vancouver Area (GVA) have stabilized for the first time since Q3 2019, with the average asking net rate holding steady at $22.05 per square foot.
  • Vacancy rate in Q2 settled at 0.6%, while availability is experiencing a more visible uptick, increasing 20 basis points quarter-over-quarter to 1.7%.
  • Supported by strong pre-leasing activity, the GVA achieved a net absorption of 770,565 square feet, despite total vacant space beginning to increase.

 


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Vancouver Industrial Market Report Q2 2023

Télécharger le rapport
Pour plus d’informations, veuillez contacter:

Adam Jacobs

Head of Research | Canada

Toronto Downtown

Colliers Canada's head of research, leading a cross-country team of 20 mapping, analytics and research professionals. Formerly head of Canada research at Cushman Wakefield and Director of Analytics at Oxford Properties. Featured in mainstream publications such as the Toronto Star, industry publications and podcasts. Specializing in the big picture and the fundamentals driving real estate - demographics, the macro environment and the global economy. 

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Leo Lee

Directeur national Opérations, Recherche | Canada

Toronto Downtown

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