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News / Business / Clark County Business

Vancouver office space is in demand

5.8% vacancy rate far better than Portland, national statistics

By Sarah Wolf, Columbian staff writer
Published: January 12, 2023, 6:02am
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Construction continues on the ZoomInfo building at Terminal 1 at the Vancouver waterfront. Multiple office buildings are under construction downtown, expanding the supply of office space for the area and bringing in new businesses.
Construction continues on the ZoomInfo building at Terminal 1 at the Vancouver waterfront. Multiple office buildings are under construction downtown, expanding the supply of office space for the area and bringing in new businesses. (Photos by Taylor Balkom/The Columbian) Photo Gallery

As the national office vacancy rate sat at about 16.2 percent at the end of November, demand for office space in downtown Vancouver remains much more competitive.

“We are seeing good, stable activity,” said Tamara Fuller, senior vice president at Capacity Commercial, going so far as to call the local office market robust.

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