Vancouver Office Space

Vancouver

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,530
As of: June 28, 2017

Vancouver Rates

The typical asking rate per listing is in the $30's per square foot per year. The Vancouver region is experiencing a a boost in rates. In the last 3 months, the median rate increased $30 per sqft per year.

Compared to the rest of the Greater Portland market, the Vancouver submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Vancouver Listing Supply

In the last 90 days, 31 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 139% of the listings in the Vancouver are subleases, so you might be able to find a shorter term or below market rent. 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 buildings 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