SURFING THE NEW WAVE OF DOWNTOWN OFFICE SUPPLY Moderator: Jeff Rank - PowerPoint PPT Presentation

Mar 16, 2023 •181 likes •255 views

Session C1: 1:25PM SURFING THE NEW WAVE OF DOWNTOWN OFFICE SUPPLY Moderator: Jeff Rank , Vice President, Bentall Kennedy (Canada) LP Speakers: Glenn Gardner , Principal, Avison Young Dan Jordan , Vice President, Colliers International Ronan

Session C1: 1:25PM SURFING THE NEW WAVE OF DOWNTOWN OFFICE SUPPLY Moderator: Jeff Rank , Vice President, Bentall Kennedy (Canada) LP Speakers: Glenn Gardner , Principal, Avison Young Dan Jordan , Vice President, Colliers International Ronan Pigott , Associate Vice President, JLL
DOWNTOWN VANCOUVER OFFICE MARKET STATISTICS (at Q3 2016) Inventory Vacancy (%) YTD 2016 absorption AAA 5,234,348 8.6 224,367 A 6,681,425 10.0 -8,431 B 7,768,813 8.5 25,142 C 3,881,855 8.1 -3,336 Total 23,566,441 8.9 237,742 (50% of total inventory) (13.8 in suburbs) (457,311 in suburbs) Source: CBRE
NEW BUILDING ABSORPTION
Occupancy rates 98% 100% 10% 0% 0% 0% Source: Avison Young Research, 2016
Source: Avison Young Research, 2016
Session C1: 1:25PM SURFING THE NEW WAVE OF DOWNTOWN OFFICE SUPPLY Moderator: Jeff Rank , Vice President, Bentall Kennedy (Canada) LP Speakers: Glenn Gardner , Principal, Avison Young Dan Jordan , Vice President, Colliers International Ronan Pigott , Associate Vice President, JLL

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