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The Victoria Industrial market continued to perform well over the past 12 month period in spite of the global economic downturn. As a result, rental rates and building values have not depreciated from the highs reached after their rapid escalation over the last 5 years. We expect this consistency to remain in the Greater Victoria Industrial Market in the coming years. Although a slight decrease has been noted in the number of tenant groups relocating within the Greater Victoria marketplace, we anticipate that market fundamentals within this segment will be sustained, partly as a result of a continued lack of available inventory.
Contact Alessandro Roethel at 250.388.6454 for more information.
  2009 Victoria Industrial Report.pdf
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