Metro Vancouver industrial market overview

Q2 2023


Total vacancy rate

0.08% sublease vacancy


Total availability rate

Unchanged from Q1 2023


Average asking net rent per square foot (psf)

excludes $5.15 psf average additional rent


Square feet (sf) vacant

including 177,975 sf of sublease space


Square feet absorption

Q2 2023


Square feet under construction

42 projects

Your source for the latest Vancouver industrial market reports

Get in-depth industrial market reports and insights from commercial real estate experts in the Greater British Columbia area. Avison Young advisors look at Vancouver commercial real estate activities and the latest Vancouver statistics to provide you expert market research on Vancouver's industrial properties.

Explore different topics like the latest industrial market pricing trends and analysis of Vancouver's current industrial real estate market conditions. Gain a better understanding of Vancouver’s industrial real estate outlook and stay ahead of current industrial space trends. Make smart decisions when it comes to investing in industrial properties in Vancouver's competitive industrial real estate market. Avison Young is your trusted source for commercial real estate industrial market insights in Vancouver.

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