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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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Tyler Dolan

Managing Director, Vancouver Island and Okanagan

Victoria

yler Dolan is the Managing Director, Vancouver Island and Okanagan responsible for the execution of Colliers business strategy in the region. He is also the National Debt Advisory Lead for Canada.

Tyler 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.

Tyler joined Colliers’ Leadership Team in May 2018 working with advisors and operations staff on the success of their clients’ real estate needs. His priorities include business development, employee engagement, professional development, recruiting, market identity, financial management and performance.

Tyler is an alumnus of Royal Roads University with a Bachelor of Commerce, Camosun College with a Diploma in Business Administration, and UBC Sauder School of Business in Mortgage Brokerage Brokerage and Real Estate Trading Services in British Columbia.

Tyler is a past Board Member of the Downtown Victoria Business Association, Peninsula Minor Hockey Association, the Urban Development Institute, and the Victoria Brain Injury Society.

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