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Metro Vancouver Office Insight - Q3 2016

​Downtown Vancouver experienced robust market activity in Q3, with the total vacancy rate falling from 9.8 percent to 9.2 percent quarter over quarter. The suburban market performed well in Q3 with the overall suburban vacancy rate dropping 80 basis points to 13.2 percent over the quarter. Burnaby experienced an active quarter with numerous substantial deals completed and a 60 basis point drop in vacancy.

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