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British Columbia

New industrial space scarce, Victoria market tightens

Evan Duggan Commercial Market Reports British Columbia Sep. 11 2018

Greater Victoria’s industrial vacancy rate continues to drop as demand to buy and lease workspace in the region outstrips the pace of new supply. Industrial vacancy fell from 2.4 per cent in 2017 to a decade-low 1.71 in 2018, according

Nexus to buy three Western Canada industrial properties

RENX Staff Commercial Transactions Saskatchewan Mar. 27 2018

Nexus Real Estate Investment Trust (NXR-UN-X) has conditional agreements to acquire two industrial properties in Richmond, B.C., and a third in Regina for $64 million. The REIT also announced the sale of two non-core properties in Kelowna, B.C., and Yellowknife, N.W.T., for $11.3 million.

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