Colliers Canada — Thirty8 Avenue Business Centre (“Thirty8 Avenue”) at 19155 38 Avenue and 19168 39 Avenue, Surrey, BC is Beedie’s newest industrial strata development in popular Campbell Heights North. The project built to Beedie’s latest industrial specification comprises two state-of-the-art buildings totaling 147,544 SF with eight strata units per building. Each unit comes complete with structural mezzanine space designed to accommodate either future office or storage needs. The project is currently under construction and occupancy is anticipated to be September 2020.
Campbell Heights has earned its reputation amongst industrial businesses, and thus investors and developers, as an excellent business hub due to its proximity to major transport routes including the US border and the local workforce. “A broad mix of industry sectors drive huge demand for industrial space in the area. Warehousing, distribution and logistics play a significant role, with companies like Loblaw Companies Ltd. operating a custom-built 420,000 SF distribution centre. Other businesses in the area that occupy more than 100,000 SF include Advanced Wire Products, Tulsa Winch Group and OK Tire ” – stated Chris Morrison, Executive VP with Colliers International. Thirty8 Avenue brings a huge opportunity to the tight market of Surrey, with its current vacancy rate as low as 1.2%, according to Colliers’ Metro Vancouver Industrial Market Report Q2 2019.
“We are excited to continue contributing to economic development in Surrey by creating high-quality industrial opportunities for local businesses…”
“We are excited to continue contributing to economic development in Surrey by creating high-quality industrial opportunities for local businesses that are growing and wanting to own their real estate. It is our goal with Thirty8 Avenue to provide unit sizes that can accommodate many different business requirements. Our development and Service Plus Team will provide support to purchasers before and after the occupancy of their new space. ” – said Beth Berry, VP, Industrial Development, Beedie.
Strategically positioned on the corner of 38th Avenue and 192nd Street – Thirty8 Avenue provides excellent connection to Highway 1, the US Border, and Highway 99, as well as close proximity to amenities such as Tim Horton’s, A & W, One Up Café, transit and other conveniences.
Thirty8 Avenue boasts market-leading features which include standard Beedie Construction specifications, 26’ clear ceilings, ample dock and grade-level loading, high efficiency LED, 500 lb/SF floor load, ESFR sprinkler system and 10 parking stalls per unit.
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