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Surrey 14-acre industrial site sells for $75 million

Once the site of a newspaper printing plant, the site was sold for land value and eventual development
Re/Max Little Oak Realty, Surrey, B.C., for Western Investor

Property type: Industrial land

Location: 12091 88th Avenue, Surrey, B.C.

Land size: 14 acres

Zoning: Light industrial

Date of sale: May, 2022 ( closed)

Sale price: $75 million

Buyer - Northwest Development Ltd., Burnaby, B.C.

Brokerage: Re/Max Little Oak Realty, Surrey, B.C.

Broker: Daisy Chohan