For two years, from the start of 2020 to the end of 2022, sublet leasing activity spiked to 20% of all leasing activity in downtown Vancouver from a pre-pandemic average of 14%. Over the opening six months in 2023, that number has shrunk to 11%.
Tenants Turn Their Backs on Sublet Space in Vancouver’s Downtown Office Market
Custom Space Becomes Major Part of Keeping Tenants Committed to the Workplace
By Paul Richter
CoStar AnalyticsAugust 17, 2023 | 12:57 P.M.
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