Vancouver's office market is being closely watched, particularly in the downtown area. The region has a significant amount of office space, with most of it located in Vancouver's Central Business District. The city has low office vacancy rates, but there is some concern about the impact of COVID-19 on the market. The debate between working from home and returning to the office continues, with a likely hybrid arrangement in the future. Vancouver's office market differs from Calgary's, with fewer corporate headquarters but a focus on innovation.