Download Full Report The City of Vancouver’s industrial submarket is currently experiencing a vacancy rate of 5.1%, a figure that has seen an uptick of 1.8% over the preceding twelve months. This increase slightly outpaces the broader market’s rise in vacancy, which registered at 1.5% during the same period. Contributing to the current landscape, approximately…
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Industrial real estate offers a wealth of opportunities for investors in 2024 in Metro Vancouver and Freaser Valley. Recent market trends suggest that sales prices and rental rates of industrial properties in the region have stabilized. Morever, the supply of industrial lands is still very limited and the declining trend in industrial land prices has…