COMMERCIAL OFFICE AMENITIES GET A NEW LEASE ON LIFE

Property owners embrace events, programming to help revitalize office work culture

BY CLAIRE WILSON

Commercial real estate companies in Vancouver are increasingly investing in amenities as tenants attempt to attract employees back to the office.

Beyond bike racks, coffee corners and the standard amenities expected in Class A or AAA spaces, some commercial landlords are going above and beyond to retain and attract tenants in physical office spaces.

“From the commercial real estate side, it’s about being as flexible and adaptable as possible so you can respond to what your tenants need and deliver that,” said Damian Stathonikos, president of Building Owners and Managers Association of BC (BOMA BC).

In some cases, this includes efforts to re-activate commercial spaces with events and initiatives that draw people back to in-person work.

“That’s where commercial landlords are stepping up their game,” Stathonikos