New developments spur upgrades in Vancouver’s downtown office market.
VANCOUVER — The impact of three new AAA office buildings in downtown Vancouver is already being felt in the market despite the fact they won’t be ready for another two years.
According to Colliers International’s Q2 2012 Office Report, the addition of Telus Garden, 745 Thurlow and MNP Tower is creating a more competitive environment for office space and pushing landlords to upgrade properties to meet shifting tenant demands and maintain occupancy levels