Delta Link Business Park industrial development sold for $42.5M

The new development sold for over $7 million above assessed value

By
for Western Investor
March 27, 2019





delta industrial
 
A new industrial development in Delta Link Business Park has sold for $42.5 million, JLL Canada reports. 
 
The property is a new Beedie Development Group project, situated just north of River Road with easy access to the US Border, Tsawwassen Ferry Terminals and Highway 91 & 99. The site is zoned for heavy industrial use. 
 
The property is located at 7939 Huston Rd., Delta. 
 

Breakdown: 

 
Price: $42,500,000
Lot Size: 15,024 SF 
Property Type: Industrial 
Zoning: I-2 
2018 B.C. Assessment Value: $34,876,000
City: Delta    
Province: B.C. 
Name of Brokerage: JLL Canada 
 

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