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Victoria Industrial Market Report Q1 2022

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research article

The Greater Victoria industrial sector remains strong and undersupplied with a low vacancy rate of 0.2% as demand outpaces supply.

  • Victoria’s industrial vacancy continues to be the lowest in the country as it waits for new inventory to arrive in 2022.
  • Victoria’s average asking rent, $17.07 per square foot, is currently the highest in the country, 0.5% above Vancouver’s ($16.93 per square foot) and approximately 24% higher than in Toronto ($13.75 per square foot).

Victoria Industrial Market Report Q1 2022

Télécharger le rapport
Pour plus d’informations, veuillez contacter:

Tyler Dolan

Managing Director | Vancouver Island


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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Leo Lee

Directeur national Opérations, Recherche | Canada

Toronto West

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