Downtown Vancouver Sublease

Downtown Vancouver

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,840
As of: December 2, 2016

Downtown Vancouver Rates

On average, listings lease in the $20's per square foot per year. The Downtown Vancouver region is seeing a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 37% decline in rent.

Compared to the rest of the Greater Portland market, the Downtown Vancouver region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Downtown Vancouver Listing Supply

In the last 90 days, 28 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,840 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1980 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 occupants. Commuting around 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.
Research