Vancouver Industrial MarketBeat Q1 2026
Vancouver's industrial market in Q1 2026 posted a 4.4% vacancy rate with 537,000 square feet of year-to-date net absorption and asking rents of $18.98 per square foot, as vacancy declined for the first time in 12 consecutive quarters while new construction deliveries remained minimal at 574,000 square feet. Leasing activity hit post-2022 highs with 2.78 million square feet of deals signed, though industrial sales remained disciplined with average pricing softening to $534 per square foot amid a prolonged repricing cycle, and the broader economy faced near-term headwinds from demographic and trade pressures before expected recovery in 2027.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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