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Nanaimo Industrial Report Fall 2020

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research article

Nanaimo continues to face a tight industrial market vacancy rate of 0.83%, trending similarly to that of the Greater Victoria Area (0.73%) and the Greater Vancouver Area (1.3%).

  • The low vacancy rate is having a negative impact on certain user groups, for example, those who require loading bays.
  • Nanaimo industrial market cannot fulfill the demand of the future growth of existing or new businesses.
  • The City of Nanaimo, in response to low vacancy, commissioned a land analysis study back in 2019. Upon completion, the report stated that there was a shortfall of industrial land within the city.

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Nanaimo Industrial Report Fall 2020

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For More Information, Please Contact:

Tyler Dolan

Managing Director, Vancouver Island and Okanagan

Victoria

As Managing Director, Tyler is responsible for execution of Colliers business strategy on Vancouver Island.  Tyler has and has been active in the commercial real estate industry since 2001, and spent the majority of his career in both real estate and commercial finance with major financial institutions. In May 2018, Tyler assumed the role of Managing Director for the Colliers Vancouver Island office.

Tyler's priorities include business development, employee engagement, professional development, recruiting, financial management and performance, market identity and public relations. Tyler also takes an active role to ensure that all services offered by Colliers are offered to our clients.

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