Conversation Series - Industrial Market in Victoria

A conversation with Tyler Dolan (Managing Director, Vancouver Island Brokerage) and Ty Whittaker (Executive Vice President, Industrial Specialist) on the state of the Vancouver Island industrial market.

Amidst the uncertainty brought by the pandemic, the industrial market has been very strong in Victoria sitting at only a 1% vacancy rate. With limited supply and strong demand for industrial properties in the island, what does this mean for rental rates, value appreciation, and market outlook going forward?

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For More Information, Please Contact:

Tyler Dolan

Managing Director, Vancouver Island and Okanagan

Victoria

+1 250 414 8388

yler Dolan is the Managing Director, Vancouver Island and Okanagan responsible for the execution of Colliers business strategy in the region. He is also the National Debt Advisory Lead for Canada.

Tyler has been active in the commercial real estate industry since 2001, and spent the majority of his career in both real estate and commercial finance with major financial institutions.

Tyler joined Colliers’ Leadership Team in May 2018 working with advisors and operations staff on the success of their clients’ real estate needs. His priorities include business development, employee engagement, professional development, recruiting, market identity, financial management and performance.

Tyler is an alumnus of Royal Roads University with a Bachelor of Commerce, Camosun College with a Diploma in Business Administration, and UBC Sauder School of Business in Mortgage Brokerage Brokerage and Real Estate Trading Services in British Columbia.

Tyler is a past Board Member of the Downtown Victoria Business Association, Peninsula Minor Hockey Association, the Urban Development Institute, and the Victoria Brain Injury Society.

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Ty Whittaker

Executive Vice President | Personal Real Estate Corporation

Victoria

+1 250 414 8395

+1 250 514 9451

Ty is widely regarded as the dominant business park broker in the Greater Victoria marketplace having been involved with over $ 900 million in sales transactions and $500 million in lease transactions over the past 22 years. Additionally, Ty has an extensive background in selling complex development sites throughout Victoria. Ty has represented many institutional grade companies including University of Victoria, ICBC, Capital Regional District (CRD), The City of Victoria, The City of Langford, School District’s 61, 62 & 63, the Province of British Columbia, the Federal Government, Kingsett Capital & Whiterock REIT.

Additionally, Ty authors the Victoria Industrial Market Survey annually.

Ty is married with three kids and is active in our community coaching sports as well as having sat on a number of boards such as the Camosun College Foundation, Urban Development Institute and the Pacific Sport.

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