Industrial space hits critical low in region: Colliers report

Greater Victoria's vacancy rate for industrial properties is at a 10-year low of 1.71 per cent as the region faces a "critical undersupply" of industrial-zoned land.

There is little active construction of industrial space, said the Greater Victoria Industrial Market Report from Colliers International's local office.

Lower Mainland industrial investment value increases twofold

Industrial investment during the first half of 2018 has increased 253 per cent over the same period last year, according to a new report.