Tenants Lock In "Room To Grow"

Of the 2.2M SF of new office space coming to downtown Vancouver, 1.3M has been pre-leased. Cushman & Wakefield national research director Stuart Barron tells Bisnow quite a bit of expansionary demand has been built in. Given that there hasn't been a significant new downtown office development downtown in 20 years, tenants are locking down extra space to ensure the ability for "contiguous growth," notes Stuart, who is currently out on Cape Breton Island with his family enjoying the East Coast music scene. (The Barrons are pictured here on a trip to India.)

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Vancouver Newsletters
Related Stories

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

'Distress Is Finally Trading': Investors Chasing Big Discounts On Boston Office

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them

Downtown Office Tower Sells At Foreclosure Auction For $260M

Houston's Office Woes Are Getting Too Expensive To Fix

As The Future Of The Office Continues To Evolve, WeWork Is Bringing Clients A Tailored Workplace Solution

The 'Zombie' Building Mirage: How Owners Who Can't Transact Are Stirring The Market