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 Cory Wright, Owner and Managing Broker at William Wright Commercial, shared during his interview on the Vancouver Real Estate Podcast with hosts Matt and Adam Scalena. Listen to the full episode above or …
This article features expert insights from James Milne, Director of Business Development at FirstService Residential, and Brent Anderson, Director of Business Development at FirstService Residential, shared during their interview on the Vancouver …
This article features expert insights from Chuck Marohn, Founder and President of Strong Towns, 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 Wendy Waters, Real Estate Research Analyst and former Head of Research at GWL Realty Advisors, shared during her interview on the Vancouver Real Estate Podcast with hosts Matt and Adam Scalena. Listen to …