Family Office Briefing on research byLee & Associates·Jan 28, 2025
2024 Q4 Vancouver, BC - Retail
Vancouver retail market shows steady leasing activity in Q4 2024 — family offices should consider co-GP opportunities with experienced operators.
Retail2024
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 1.2% |
| 12 Mo. Net Absorption | 203,137SF |
| Avg NNN Asking Rate | 37.86CAD PSF |
| Sale Price | 711CAD PSF |
| Cap Rate | 4.4% |
| Under Construction | 733,507SF |
| Inventory | 132,599,030SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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