A conversation with Tyler Dolan (Managing Director, Vancouver Island Brokerage) and Ty Whittaker (Executive Vice President, Industrial Specialist) on the state of the Vancouver Island industrial market.
Amidst the uncertainty brought by the pandemic, the industrial market has been very strong in Victoria sitting at only a 1% vacancy rate. With limited supply and strong demand for industrial properties in the island, what does this mean for rental rates, value appreciation, and market outlook going forward?
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