South Fraser Industrial Centre Acquisition, Delta, British Columbia
Triovest is proud to announce the acquisition and management contract of 7831 – 7979 Vantage Way in Delta, British Columbia. This 11.5 acre industrial property is located 1 block from the only interchange connecting the South Fraser Perimeter Road to the Tilbury Industrial district. The South Fraser Perimeter Road is a new, 4-lane, 80km/hr expressway currently under construction that, once completed in late 2013, will provide direct access to Deltaport, Highway 99, Highway 91 and Highway 1.
The property is improved with two existing buildings to be vacated by the existing occupant. Triovest will immediately commence a major renovation of the property to create an “as new” Tier-1 industrial centre totaling over 277,000 s.f. that will be suitable for a wide range of industrial uses.
This property was acquired on behalf of an existing client and is a strategic addition to their Triovest managed portfolio of industrial assets located in British Columbia. This portfolio includes Modalink Distribution Centre (778,000 s.f.), Glenwood Industrial Estates (715,000 s.f.), and 3100 Production Way (450,000 s.f.).