
Let’s Talk Flex
Once considered a niche offering, flexible office space has become a prominent component of building owners’ and corporate occupier’s real estate strategies. As such, it represents a structural shift in office leasing that will survive– and perhaps thrive– in an economic downtown.
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Downtown office boom fueling residential demand?
Our very own teammate, Andre Alie Day, was recently featured in an urbanYVR interview with Shawn Brown, a Vancouver residential broker at West Haven Group. The two discussed downtown Vancouver’s current office tower boom and how it could affect residential real estate prices in Downtown Vancouver.
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Vancouver Office MarketView Q2 2022
Vancouver office vacancy rates experienced its fourth consecutive quarter of downward pressure with suburban markets continue to spearhead this decrease. Sustained demand within these markets could push vacancy rates below the record low of 4.5%, which was last recorded in Q4 2019.
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CBRE’s Reopening Playbook
Are you working on your office reopening strategy? CBRE Vancouver was the first North American office to reopen and we are proud to share our CBRE Reopening Playbook to provide assistance and help set the standard for our current workplace reality.
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