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Bridgeview industrial asset sells for for $8.5 million

Strategic location on nearly an acre of land can accommodate multiple uses
12303-king-george-boulevard-surrey
Built in 1987, this five-unit industrial asset at 12303 King George Blvd. in Surrey’s Bridgeview district, sold Dec. 19 for $8.5 million.

DEAL | An exceptionally located 27,236-square-foot warehouse on 0.96 acres at 12303 King George Blvd. in Surrey’s Bridgeview district, sold Dec. 19 for $8.5 million. Steps from the Pattullo bridge and Scott Road SkyTrain station, the 37-year-old warehouse is comprised of five units that can be retrofitted into two individual units to accommodate various tenant profiles and end-user applications. Zoning allows a wide variety of uses, including but not limited to transport, automotive, recycling, vehicle storage, equipment rentals, trade schools, warehouse and distribution, manufacturing and self-storage. The property was listed and sold by Max Wiltshire of Cushman & Wakefield and Derek Nystrom of Macdonald Commercial. 

PRICE | $8,500,000 

FROM | Max Wiltshire, Cushman & Wakefield, and Derek Nystrom, Macdonald Commercial