Richmond manufacturing facility sold for $13M

The 4.40-acre property includes a 36,200-square-foot industrial building

for Western Investor
June 17, 2019

done deal
A manufacturing facility in Richmond has sold for $13 million, Avison Young and Colliers International has announced. 
The 4.40-acre site includes a 36,200-square-foot facility. The site is zoned for industrial use and was listed for $14.9 million. The property has an assessed value of $10 million. Avison Young and Colliers International both represented the vendor on this sale. 
The property is located at 16160 River Rd., Richmond. 


Price: $13,000,000
Lot Size: 4.40 acres
Property Type: Industrial 
Zoning: IL 
2018 B.C. Assessment Value: $10,003,000
Date of Sale: 05/29/2019 
City: Richmond  
Province: B.C. 
Name of Brokerage: Avison Young / Colliers International 

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Russ is a principal at Avison Young where he specializes in the sale and leasing of properties in the Vancouver region, and working with users in an advisory role.

Avison Young Vancouver
#2900 – 1055 W Georgia Street
Vancouver, B.C. V6E 3P3
Office: 604-757-5115

Craig has 20 years of commercial real estate expertise and is vice president of Collier’s industrial sector.

Colliers International Canada
200 Granville St., 19th floor
Vancouver, B.C. V6C 2R6
Office: 604-681-4111

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