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Port Kells 2.29-acre industrial site sells for $15.3 million

Industrial land was listed as the market began to shift downward, agents say, which caused a mid-launch strategy adjustment to a successful sale at $6.7 million per acre in the Port Kells area of Surrey, B.C.
Frontline Real Estate Services, Langley, for Western Investor

Property type: Industrial land

Location: 10202 177A Street, Surrey, B.C.

Land size: 2.29 acres

Date of sale: October 6, 2022

Sale price: $15.34 million

Brokerage: Frontline Real Estate Services, Langley, B.C.

Brokers: Todd Bohn, Alex Girling and Braydon Hobbs