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We are pleased to publish the June 2022 Commercial Strata Benchmark Report for different Lower Mainland municipalities.

 

3 Month Benchmark Report Industrial Retail Office Total Sales
New Commercial Strata Market Sales Average PSF Sales Average PSF Sales Average PSF
Area 1: Vancouver         1 $1,299 1
Area 2: N. Shore             0
Area 3: Burnaby     1 $1,293     1
Area 4: Coquitlam / New West / Port Moody             0
Area 5: Richmond / Delta             0
Area 6: Surrey / Langley / White Rock 3 $565 1 $586 1 $969 5
Area 7: Port Coquitlam / Pitt Meadows / Maple Ridge             0
Area 8: Abbotsford / Mission $260 2 $784 8 $593 11
Total 4 $397 4 $914 10 $700 18

Click here to get a PDF copy of the report


Methodology: 3 Month benchmark of February 1, 2022 to April 30, 2022 as of June 13, 2022. All data taken from CommercialEdge (Greater Vancouver Real Estate Board), and is assumed correct. New sales data is limited as many new strata projects are sold outside the MLS system. Values are averages and represent various income, use, improvements, etc. Should only be used as a guide.

© 2013-2022 by Bramwell & Associates Realty Advisors Inc. Use of statistics must reference Bramwell & Associates Realty Advisors Inc.
3 Month Benchmark Report Industrial Retail Office Total Sales
Resales Commercial Strata Market Sales Average PSF Sales Average PSF Sales Average PSF
Area 1: Vancouver 2 $713 14 $1,013 3 $1,268 19
Area 2: N. Shore 6 $737     6 $904 12
Area 3: Burnaby 6 $636 2 $715 2 $1,148 10
Area 4: Coquitlam / New West / Port Moody 1 $382  5 $618     6
Area 5: Richmond / Delta 21 $480 10 $1,229 6 $916 37
Area 6: Surrey / Langley / White Rock 22 $496 11 $721 11 $764 44
Area 7: Port Coquitlam / Pitt Meadows / Maple Ridge 7 $401 2 $437     9
Area 8: Abbotsford / Mission 4 $422 1 $245 $602  6
Total 69 $497 45 $714 29 $856 143


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