Metro Vancouver businesses grapple with industrial market vacancy rates

Small- and medium-sized businesses will have to plan accordingly to prevent being pushed out of the market, which will chase cheaper rents even further away.

“You are seeing a lot of groups purchase their own facilities to control their cost structure so they are not at the whims of the leasing market and their landlord.”Article content Rising interest rates have tempered interest from the 30 per cent of the buyers who were investors, but the market is still 70 per cent comprised of businesses wanting to buy and use these spaces themselves, either immediately or later, said Finley.Article content

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