City Market Guide · Metro Vancouver

Commercial Space for Lease in Richmond, BC

Richmond is Metro Vancouver’s port-and-airport gateway — YVR, the Port of Vancouver and a deep industrial base along the Fraser River. Explore industrial, office, retail and land opportunities across the region’s logistics hub.

Industrial Office Retail Land

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The market

Why Richmond is the region’s port-and-airport gateway.

With roughly 210,000 residents, Richmond sits on Sea Island and Lulu Island at the mouth of the Fraser — home to YVR and major Port of Vancouver facilities.

Bridgeport, Crestwood and East Richmond carry one of the region’s deepest industrial bases, anchored by port, airport and logistics users.

The Canada Line and Richmond City Centre concentrate office and retail demand at the region’s southern gateway.

~210K

Residents

YVR

International airport

Port of Vancouver

Major facilities

Explore by asset class

Four asset classes. One Richmond market desk.

Each page breaks down the Richmond market for that asset class — representative vacancy and lease-rate ranges, the key areas, and a live listing search you can launch.

Figures shown are representative market ranges for orientation only and are not verified current data. Your Urban Team Inc. broker will confirm live asking rates for any specific building or area.

Industrial

Dock-loading warehouses, distribution and flex space

Vacancy

~3%

Lease rate

$16 – $24 / sq ft

4 key industrial areas in Richmond — Bridgeport, Crestwood, East Richmond, Ironwood.

View Richmond industrial market

Office

Professional suites, medical office and flex workspaces

Vacancy

~10%

Lease rate

$18 – $28 / sq ft

3 key office areas in Richmond — Richmond City Centre / Brighouse, Bridgeport, Sea Island / YVR.

View Richmond office market

Retail

High-exposure storefront, pad and strip-mall space

Vacancy

~3.5%

Lease rate

$30 – $55 / sq ft

3 key retail areas in Richmond — Richmond Centre / No. 3 Road, Steveston, Ironwood.

View Richmond retail market

Land

Commercial land for outdoor storage, yards and development

Vacancy

Tight supply

Lease rate

$10 – $16 / sq ft

2 key land areas in Richmond — East Richmond, Crestwood.

View Richmond land market

Across Metro Vancouver

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Maplease covers commercial leasing markets across Metro Vancouver and the Fraser Valley. Jump to any municipality for its market overview and asset-class breakdowns.