Friday, November 11, 2011

Suburban Vancouver office market driven by rapid transit: report

According to the report, which addressed both suburban municipalities and the city of Vancouver’s outlying area, the direct vacancy rate for buildings within 0.5 kilometres of a rapid transit station is 4.8 per cent compared to 12.3 per cent for the rest of the market, while the average asking rents are approximately eight per cent higher.

No comments: