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Industrial Sales Activity Increases Its Dominance in Vancouver’s Investment Market

Despite Slowing Rent Growth, Industrial Properties Still Provide Hedge Against Market Dynamics
The midyear sale of two properties in Burnaby's Lake City area attracted international attention and closed for over $50 million. Pictured is 8081 Lougheed Highway in Burnaby, British Columbia. (CoStar)
The midyear sale of two properties in Burnaby's Lake City area attracted international attention and closed for over $50 million. Pictured is 8081 Lougheed Highway in Burnaby, British Columbia. (CoStar)
CoStar Analytics
October 25, 2023 | 1:42 P.M.

Vancouver’s industrial real estate market continues to dominate overall investment totals, contributing 60% toward investment in 2023, including retail, office and multifamily. It’s a familiar story across major Canadian markets.

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