Vancouver leads Americas in prime office cost increases

The cost to rent high-end office space in downtown Vancouver climbed by 16.1 per cent in the first quarter of this year, marking the largest price increase among North and South American markets, a new report says.
The year-over-year increase to downtown Vancouver’s prime office occupancy costs led the likes of downtown Manhattan and downtown Toronto, according to CBRE’s annual Global Prime Office Occupancy Costs report. The prime office occupancy costs include rent, local taxes and