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.

http://www.vancouversun.com/Suburban+Vancouver+office+market+driven+rapid+transit+report/5563744/story.html#ixzz1dPgAWyk9

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