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Industrial venture enters British Columbia with $143 million waterfront purchase in Vancouver

Wesbild sells 27.5-acre property to Dream Industrial REIT, Singapore-based GIC
Real estate developer Wesbild sold a 27.5-acre site on the North Vancouver waterfront for $143 million. (Dream Industrial REIT)
Real estate developer Wesbild sold a 27.5-acre site on the North Vancouver waterfront for $143 million. (Dream Industrial REIT)
CoStar News
February 19, 2025 | 9:57 P.M.

A joint venture bought its first real estate in British Columbia, paying $143 million for a large waterfront property in North Vancouver in one of the region's highest-priced industrial sales of late.

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