Small bay availability remains thin under 5,000 sq. ft.
Functional grade-loaded options under 5,000 sq. ft. continue to lease quickly. Tenants who wait into Q2 face higher rents and fewer choices.
A weekly market note tracking listings, leases, sales, tenant movement, owner signals, and industrial real estate trends across Vancouver and the Lower Mainland.
Small bay supply under 5,000 sq. ft. across East Vancouver remains thin. Tenants waiting into Q2 are seeing fewer functional options and rising renewal asks. If your lease is up this year, the conversation should already be happening.
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Functional grade-loaded options under 5,000 sq. ft. continue to lease quickly. Tenants who wait into Q2 face higher rents and fewer choices.
Tenants in the 8,000–15,000 sq. ft. band are competing for limited functional product. Older buildings with reliable loading are leasing faster than expected.
Distribution and food users are continuing to push for modern product with dock loading and 26 ft+ clear. Newer strata absorption is steady.
Tenants in older stock are increasingly asking about relocation options. Owners with redevelopment timelines should plan tenant communications early.
A weekly market note on Vancouver and Lower Mainland industrial real estate. Listings worth knowing, recent deals, lease movement, demand signals, and submarket spotlight — written for owners, tenants, owner-users, and operators.
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