Buildable land has always come at a premium in Vancouver, home to Canada’s busiest port. And with the e-commerce revolution pushing warehouse demand to new heights, the city could soon run out of industrial land entirely, according to CBRE. “There is a critical shortage of industrial land in Vancouver,” CBRE Canada vice president Paul Morassutti told Bloomberg. “It was our estimation that they could potentially, literally run out of industrial land by the early 2020s.” […]
source https://therealdeal.com/2019/03/02/why-vancouver-could-literally-run-out-of-industrial-land-in-a-matter-of-years/
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