metro vancouver industrial market€¦ · $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000...
TRANSCRIPT
METRO VANCOUVER INDUSTRIAL MARKET
MunicipalityVacancy
Rate
Inventory
(Square Feet)
Weighted Avg.
Asking Net
Rent (PSF)
Metro Vancouver Total 2.0% 198,198,173 $9.18
Richmond 2.0% 34,299,615 $8.39
Surrey 1.9% 34,075,363 $8.62
Delta 1.7% 27,117,121 $8.14
Burnaby 1.2% 25,797,846 $10.37
Vancouver 1.6% 20,032,767 $13.83
Langley 1.7% 19,370,767 $9.25
Coquitlam 1.3% 7,130,551 $9.88
Port Coquitlam 5.9% 7,123,412 $8.38
North Vancouver 1.9% 4,716,763 $14.70
New Westminster 7.2% 3,499,038 $6.97
*Q4 2016 Market Data
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Metro Vancouver Average Industrial Land Values (Per Acre)
INDUSTRIAL LAND VALUES
DEAL VOLUME VS DEAL SIZE
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$-
$200,000,000
$400,000,000
$600,000,000
$800,000,000
$1,000,000,000
$1,200,000,000
$1,400,000,000
2009 2010 2011 2012 2013 2014 2015 2016
Metro Vancouver Industrial Deal Volume vs Deal Size
Total Volume Average Deal Size
Delta Link Business Centre - Phase I
Delta Link Business Centre - Phase II
•
•
•
Re-imagining Urban Industrial
What’s Old is New Again
Re-Imaging Vertical Industrial
OXFORD RIVERBEND BUSINESS PARK63
Acres
330,000SFUnder Construction
736,000SFFuture Development
19
Property Profile | 2.0Section 2.0 | Property Profile
Notable Current & Proposed Industrial DevelopmentsStrathcona & Grandview-Woodland Areas
440 Clark Drive
Local Investor I 33,000 sfIronworks @ 200 Victoria Drive
Conwest I 226,000 sf
1101-1121 Union Street
Local Investor I 48,000 sfWorkSpaces @ Strathcona Village
Wall Financial I 60,000 sf
1188 Union Street
Spire Development I 27,000 sf
1157 Parker Street
Porte Development I 35,000 sf
830 Clark Drive
Local Developer I 55,000 sf
SALELEASE
SALE
LEASESALELEASE
LEASE
1055 Vernon Drive
PC Urban I 105,000 sf
SALE
21
Property Profile | 2.0Section 2.0 | Property Profile
Lease vs Buy20,000 sf warehouse in South Burnaby
E-COMMERCE FULFILLMENT CENTER
MULTI-LEVEL WAREHOUSES