Metro Vancouver Sublease

Metro Vancouver

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

Metro Vancouver Rates

On average, listings lease in the $20's per square foot per year. The Metro Vancouver submarket is going through a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 22% rise in rent.

Metro Vancouver Listing Supply

In the last 90 days, 17 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the available leases in the Metro 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 on the market, 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 approximately 2 stories. Most buildings in this market were built in 1984 and are Class A.

Metro Vancouver Community

Market Report

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

Market Data

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

Metro Vancouver Submarkets