Delta industrial property sold for $5.5M

The one-acre property includes a 18,878-square-foot building

By
for Western Investor
January 9, 2019





delta industrial
 
An industrial property in Delta’s Tilbury Industrial Area has sold for $5.5 million, Avison Young Commercial Real Estate tells Western Investor. 
 
The one-acre property includes an 18,878 building, sold to an end-user with short-term leaseback to the vendor. Avison Young represented the purchaser in a multiple-offer scenario. 
 
The property is located at 8149 River Way, Delta. 
 

Breakdown: 

 
Price: $5,500,000
Lot Size: 1 acre 
Property Type: Industrial 
Zoning: I2
2018 B.C. Assessment Value: $5,074,000
Date of Sale: 09/06/2018 
City: Delta 
Province: B.C. 
Name of Brokerage: Avison Young Commercial Real Estate (B.C.) Inc.
 

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Garth is a principal at Avison Young Vancouver and specializes in industrial and land sales.

Avison Young Commercial Real Estate
2900 - 1055 West Georgia Street
Vancouver, BC V6E 3P3
Office: 604-687-7331

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