What asset class has the lowest vacancy rate in North America, surging demand from tenants, and seems to be annually increasing lease rates?
This week, Cory welcomes Connor Braid, Managing Broker from William Wright Commercial's Victoria office, to discuss the industrial asset class in Greater Victoria. Boasting a vacancy rate of less than 1% and continued increasing demand post-pandemic, the industrial market in Greater Victoria could be the hottest commercial opportunity in North America and one of the best investments out there...that is, if you can even find property to purchase.
Connor breaks down why absorption of this asset class is so high versus its counterparts and why an unprecedented amount of new supply coming to the forefront in the coming years is nothing to worry about. You don't want to miss this episode, as this could be the amazing investment everyone is looking for!
This article features expert insights from Daniel Foch, Real Estate Agent and Co-host of the Canadian Real Estate Investor Podcast, and Nick Hill, Commercial Mortgage Broker and Co-host of the Canadian Real Estate Investor Podcast, shared during …
This article features expert insights from Phil Webb, Insurance Agent at Axis Insurance, shared during his interview on the Vancouver Real Estate Podcast with hosts Matt and Adam Scalena. Listen to the full episode above or explore more Metro …
This article features expert insights from Sam Adkins, Lawyer, shared during their interview on the Vancouver Real Estate Podcast with hosts Matt and Adam Scalena. Listen to the full episode above or explore more Metro Vancouver real estate insights …
This article features expert insights from Brad West, Mayor of Port Coquitlam, shared during his interview on the Vancouver Real Estate Podcast with hosts Matt and Adam Scalena. Listen to the full episode above or explore more Metro Vancouver real …