Vacancy Rates for Commercial and Industrial Space

The availability of office and industrial space is essential for fostering a dynamic and competitive business environment. The vacancy rate is a measure of market strength that takes into account both demand and supply. Although some vacant stock is needed at any given time to allow tenants to look for space, a high vacancy rate represents stock that is not effectively in demand or is in excess supply. The office and industrial space vacancy rate is a measure of market strength and economic performance in Surrey. Data Source: Avison Young Inc.

See this and other sustainability indicators on the City's [Sustainability Dashboard] (http://dashboard.surrey.ca/#economy/vacancyrates)

Data and Resources

Details

First Published Date February 03, 2014
Maintainer Sustainability Office
Data Update Frequency Yearly

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