Victoria Commercial Real Estate in 2026: What John MacDonald Is Seeing Right Now

Send us Fan MailIs now a good time to buy commercial property in Victoria — or a good time to wait? On this episode, Vincent Baart and Cole Swetlikoe sit down with John MacDonald, one of Vancouver Island's busiest commercial real estate brokers, to unpack where the market actually stands.They dig into which property types are holding strong, which are struggling, and whether vendors are finally coming around on price. John also shares his read on development land and Missing Middle housing — including what most homeowners get wrong about their property's redevelopment potential.In this episode:John's path into commercial real estate and what's changed since he startedWhere transaction activity and investor confidence stand todayIndustrial, retail, office & multifamily — what's performing, what's notLand assemblies and Missing Middle: who's buying, who's waitingThe difference between a good investment and a great oneCommon mistakes newer investors makeWhere AI and technology fit into real estate's futureJohn's outlook for Victoria commercial real estate through 2027Plus: a commercial deal John still thinks about, and a quickfire round covering his favourite Island community, go-to restaurant, and best (and worst) investment ever made.Connect with John MacDonald: https://bccommercialsolutions.ca/https://www.linkedin.com/in/john-macdonald-personal-real-estate-corporation-8069322b/[email protected] Connect with us: CityNest.ca | [email protected] Swetlikoehttps://coleswetlikoe.ca/Enjoying the podcast? A review on Spotify or Apple Podcasts genuinely helps more people find these conversations.