Metro Vancouver and Fraser Valley industrial sites have the opportunity to unlock more land, but not in the way that many might think.
This is based on an analysis carried out at 62 sites across 15 municipalities, according to the Nov. 1 report by the Vancouver chapter of industry association NAIOP and engineering consultant Bunt and Associates Engineering Ltd. The industrial vacancy rate for what the report refers to as the “Greater Vancouver Area,” which includes Metro Vancouver and the Fraser Valley, sits at 1.2 per cent as of the third quarter of 2023.
Source: News Formal (newsformal.com)
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