{
  "url": "https://classa.info/cities/vancouver",
  "title": "Vancouver Class A Office Market",
  "description": "Pacific gateway with structural tech and real-estate-services tenancy.",
  "oneSentenceAnswer": "Vancouver Class A office rents around C$52/sqft/yr · ≈ $38.5 PSF/yr USD, with 11.2% vacancy and 10 months of typical rent-free on a 10-year term.",
  "tldr": [
    "Among the tightest Class A markets in North America (vacancy under 12%).",
    "Trophy stock on Burrard and Coal Harbour trades at C$70+/sqft.",
    "Amazon's expanded Vancouver footprint anchors tech demand.",
    "Restricted office land supply structurally constrains the pipeline."
  ],
  "keyFacts": {
    "city": "Vancouver",
    "country": "Canada",
    "region": "Americas",
    "classARentLocal": "C$52/sqft/yr · ≈ $38.5 PSF/yr USD",
    "classARentUsd": "$38.48/sqft/yr",
    "vacancyPct": "11.2%",
    "typicalLeaseYears": 10,
    "typicalRentFreeMonths": 10,
    "submarkets": 5,
    "corporateTaxPct": "27%",
    "talentIndex": 84
  },
  "faqs": [
    {
      "question": "How tight is the trophy market?",
      "answer": "Direct vacancy in trophy product is sub-6% as of Q1 2026. Sublease availability remains tight despite tech right-sizing in 2022-2023."
    },
    {
      "question": "What is the Coal Harbour premium?",
      "answer": "Coal Harbour waterfront product trades C$10-$15/sqft above the broader CBD trophy average — a function of views, amenitization, and limited inventory."
    },
    {
      "question": "How does Vancouver compare to Toronto on cost?",
      "answer": "Vancouver Class A trophy is broadly comparable to Toronto Bay Street trophy on a Canadian-dollar basis; trophy sub-supply is more acute in Vancouver."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/vancouver), updated 2026-04-15T00:00:00.000Z."
}