British Columbia Sublease

British Columbia

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,500
As of: March 12, 2017

British Columbia Rates

Most listings are in the $20's per square foot per year. The British Columbia submarket is going through a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 22% increase in rent.

British Columbia Listing Supply

In the last 90 days, 17 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 29% of the office spaces in the British Columbia 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 2,500 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1985 and are Class A.

British Columbia Community

Market Report

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

Market Data

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

British Columbia Submarkets