Victoria Canada Office Spaces

Victoria Canada

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The city of Victoria, Canada is located in the province of British Columbia and located on the tip of Vancouver Island. It has been ranked as the largest city in the mainland area of Vancouver. It is roughly 100 kilometers away from Seattle and is easily accessible by airplane or ferry. The estimated population of the city is roughly 78,057 and the greater metropolitan estimated population is around 330,088. The area was explored in the 1700's and became a major city in the 1800's. Due in large part to the discovery of gold in the area in 1858 the city became a boom town, but while other cities caved in after the rush of miners and prospectors mined the precious metals out, the city continued to grow in a great overall capacity.

Economy / JObs

The economy of Victoria hinges on a great deal of industries. Some of the larger components include technology, tourism, government administration, tourism, and so much more. The city offers a great deal of employment options for people of all backgrounds. The area receives a great deal of tourism as well, and hosted some large scale tournaments and events in the past. The city has hosted the FIFA U-20 World Cup in 2007, 2006 Skate Canada, and many others, garnering a lot of attention to the area, and it continues to receive a great deal of visitors. Despite the large industries, and major companies in the greater metropolitan area, the city still has an unemployment rate of around 6%. There are a great deal of options to explore for job seekers of all vocational backgrounds.

Office Space Prices:

The real estate market in the area continues to grow as more attention is brought to the area. It is in close proximity to Vancouver, which hosted the Winter Olympic Games in 2010 and receives a great deal of overflow. The city of Victoria is relatively lower cost than other areas in the Western Canada region. Commercial real estate developments abound with many office space rentals available for entrepreneurs of all types. For those looking to start or build a business in the area, spaces are generally low cost for smaller options with competitive rates for larger size spaces. Victoria has an office vacancy rate of around 10% in recent months, and has been on the rise. With a great deal of options to explore smaller businesses can find space starting at around $450 a month. Larger spaces are available in both the downtown area and greater metropolitan area at around $2 - $5 a square foot for 1,000 square feet and more. A survey of open options will yield competitive results for entrepreneurs to gain positive growth.

The climate of Victoria varies from season to season. There are four distinct seasons with variable changes. The winter months can get quite cold and the summer months can get quite warm. While the extremes are more on the side of colder weather and the average annual snowfall is around 18 inches. There is a great deal of precipitation in the area with an annual rainfall of around 33 inches and precipitation annually of around 34 inches.
The major airport in the area is the Victoria International Airport. It offers passengers nonstop flights to Eastern Canada and beyond. It helps serve 1.5 million passengers annually travel to and from many parts of North America. It is one of the busiest airports in the nation and features a great deal of aircraft movements.