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Surrey 14.2-acre industrial site sells for $111 million

With frontage on 92 Avenue and an estimated two years to development, the land sold for $7.8 million per acre in the fourth quarter, 2022.
Colliers, Vancouver, for Western Investor

Property type: Industrial land

Location: 19469 92 Avenue, Surrey

Land size: 618,944.04 square feet

Land size in acres: 14.2 acres

Zoning: Light industrial

Date of sale: October 2, 2022

Buyer: Conwest Group, Vancouver.

Brokerage: Colliers, Vancouver

Brokers: Malcolm Earle, Josh Gaze and Randy Heed