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Large Leases Drive Vancouver Office Vacancy Rate to Lowest in Nation

Vancouver’s Office Leasing Demand Surges, According to a JLL Report

Vancouver’s office market landed at the front of the pack nationally in several categories in a second-quarter report from brokerage JLL. (Justin Eckersall/CoStar)
Vancouver’s office market landed at the front of the pack nationally in several categories in a second-quarter report from brokerage JLL. (Justin Eckersall/CoStar)

A number of large leases have raised the profile of Vancouver’s office market, vaulting it past other Canadian cities to the lowest vacancy rate in the nation.

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