Vancouver Industrial

Vancouver

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
1,340
As of: July 19, 2017

Vancouver Rates

The typical asking rate per listing is in the $30's per square foot per year. The Vancouver submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 30% rise in rent.

Compared to the rest of the Greater Portland market, the Vancouver region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Vancouver Listing Supply

In the last 90 days, 31 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 139% of the office spaces in the Vancouver are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,340 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1997 and are Class A.

Vancouver Community

Market Report

Trends and status of the commercial real estate market in Vancouver.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Vancouver.
Research