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Download Full Report After a really strong year for renting industrial spaces in 2023, things have slowed down in Surrey and Langley in 2024. The amount of space rented this year is similar to what the area saw each year between 2017 and 2022, which was about 1.65 million square feet. Surrey/Langley has usually been…
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…
