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Conversation Series - Industrial Market in Victoria

Research Landing Page

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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Tyler Dolan

Managing Director, Vancouver Island and Okanagan

Victoria

As Managing Director, Tyler is responsible for execution of Colliers business strategy on Vancouver Island.  Tyler has and 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. In May 2018, Tyler assumed the role of Managing Director for the Colliers Vancouver Island office.

Tyler's priorities include business development, employee engagement, professional development, recruiting, financial management and performance, market identity and public relations. Tyler also takes an active role to ensure that all services offered by Colliers are offered to our clients.

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Ty Whittaker

Executive Vice President | Personal Real Estate Corporation

Victoria

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.

‚ÄčTy 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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