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Kelowna Industrial Market Report Q2 2023

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research article
  • The Greater Kelowna industrial leasing market has experienced steady levels of demand in the first half of the year. Direct vacant space totaled 309,903 square feet, while sublease volumes totaled 63,415 square feet, representing 17.0% of the total vacancy.
  • Consistent with what has been reported nationwide, Greater Kelowna investment sales have slowed in the face of rising interest rates and the lack of availability of freestanding, non-strata product. Industrial land has not experienced the same lag however, with the total sales volumes reaching $23,609,000, representing a decrease of 4.0% year-over-year.

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Kelowna Industrial Market Report Q2 2023

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Pour plus d’informations, veuillez contacter:

Tyler Dolan

Managing Director | Vancouver Island

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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Eric Weber

Associate Vice President | Personal Real Estate Corporation

Kelowna

 

Eric Weber brings over 42 years of real estate experience to his role as Associate Vice President with Colliers Kelowna, the last 25 of which have been in the sales and leasing of industrial properties. His wealth of knowledge and market insight gathered over that time make him not only the industrial specialist in the office, but a much sought after advisor and agent for his impressive list of local and national clients.

 

Eric is known for his ability to bring deals to completion and help his clients achieve success in all their real estate transactions. He has a thorough understanding of the local market and the trends associated with industrial real estate.

 

Eric also is involved in the training and mentoring of young brokers in the office who are members of the Colliers Acceleration program. He provides guidance and exposure to the young brokers so that they get exposure to the fine details in commercial real estate assignments that cannot be taught in a classroom.

 

 

 

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