The management of Vancouver Island Technology Park (“VITP”) and the Marine Technology Centre (“MTC”) has appointed Colliers as leasing agent with immediate effect.  Leasing was previously handled internally by VITP staff, although external brokers have always been accommodated, and will continue to be, under the new arrangement.

The change has been under consideration for some time, and requests for proposals went out to members of the real estate brokerage community in November of 2012, with Colliers now selected as the successful proponent.

The main buildings at VITP have been at over 90% occupancy for several years, but some space is currently available, and additional space is now becoming available with the ongoing development of the Innov8 Hub, in what was formerly the laundry building of the old Glendale Hospital, which was converted into the Technology Park in 2002.

The Innov8 Hub provides space for small start-ups and growing technology businesses, on a flexible, usually month-to-month basis, for an all-in monthly fee. Spaces range from a single desk to a 3,000 square foot office, and can be customized to fit tenants’ needs.

The MTC is primarily occupied by the University of Victoria’s Neptune and Venus undersea research facilities, as well as its Ocean Technology lab and a division of its School of Earth and Ocean Sciences.  It also has other marine-related tenants, and has office and workshop-type space available for lease at the present time.

Colliers is the largest full-service commercial real estate firm on Vancouver Island, with 12 full-time commercial brokers, as well as marketing and research staff, property management and related professionals.  Please contact the brokerage team of Ty Whittaker, Tristan Spark or Robert Down on 250-388-6454 with any questions that you might have.