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Fully Leased Suburban Vancouver Warehouse Sells Well Above Market Average Amid Industrial Squeeze

Burnaby, British Columbia, Industrial Building Sells for $28 Million
The sale of a Vancouver-area warehouse for more than 50% above the market average reflects the scarcity of industrial properties in the region. (CoStar)
The sale of a Vancouver-area warehouse for more than 50% above the market average reflects the scarcity of industrial properties in the region. (CoStar)
CoStar News
February 15, 2022 | 1:49 AM

A suburban Vancouver warehouse traded well above the market average in a deal that closed in late January in an area beset by a shortage of industrial real estate inventory.

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