Downtown Vancouver Retail

Downtown Vancouver

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Downtown Vancouver Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Vancouver submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 20% decline in rent.

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

Downtown Vancouver Listing Supply

In the last 90 days, 21 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,940 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1982 and are Class B.

Downtown Vancouver Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Vancouver residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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