Lee & Associates Vancouver Negotiates $20.65M Industrial Sale in Port Coquitlam, BC
PORT COQUITLAM, BC – The Vancouver office of Lee & Associates, the largest broker-owned commercial real estate firm in North America, has completed a $20,650,000 sale of a 10.35 acre industrial development site located at 1156 Kingsway Avenue.
This is the last large vacant developable industrial site in the Tri-Cities. Situated at the corner of Kingsway Avenue and Mary Hill Bypass, this site offers over 1,000 feet of highway exposure. There is a 16,900 square foot building and 9,000 square foot open metal shed on the site and there are numerous yard tenants providing excellent holding income.
Steve Caldwell, Executive Vice President and Partner, represented the seller in this transaction.
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Celebrating 50 years in business, Lee & Associates Vancouver is a full service commercial real estate firm. Lee & Associates is the largest broker-owned firm in North America with over 60 offices in the Canada and the United States. Lee & Associates provides superior market intelligence in office, industrial, retail, investment, and appraisal to meet the specialized needs of our clients. For more information, visit leevancouver.com.