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Chilliwack 12.5-acre industrial/commercial site sells for $22.2 million

Two adjacent development sites are zoned for commercial, hotel or industrial use near Trans-Canada Highway.
CBRE Limited, Vancouver, for Western Investor

Property type: Development land

Location: 7985 Lickman Road & 43971 Industrial Way, Chilliwack, BC

Land size: 547,751 square feet

Land size in acres: 12.57 acres

Zoning: Comprehensive, commercial and industrial

Sale price: $22.25 million

Buyer: Denciti Development Corp.

Date of sale: August 28, 2021 (closing date)

Brokerage: CBRE Limited, Vancouver

Brokers:  Adrian Beruschi, Maureen Mounzer and Rodney Sytsma (seller’s agent); and CBRE agents Kyle Dodman and Chris McCauley (buyer’s agents).