Surrey Newton warehouse sold for $9M

The 77,719-square-foot, single-tenant building is zoned for light industrial use

for Western Investor
June 14, 2018

A single-tenant industrial building in Surrey has sold for $9.5 million, Avison Young tells Western Investor. 
The 77,719-square-foot warehouse is zoned for light impact industrial use, situated on a nearly 2-acre lot. The property is located in the Newton industrial area of Surrey, listed for $10 million with an assessed value of $10.7 million.
The property is located at 8238 129 St., Surrey. 


Price: $9,500,000 
Lot Size: 1.88 acres
Property Type: Industrial
Zoning: IL
2017 B.C. Assessment Value: $10,761,000
Date of Sale: 06/12/2018
City: Surrey
Province: B.C.
Name of Brokerage: Avison Young Commercial Real Estate Inc.

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Michael is a principal at Avison Young, joining the brokerage in 2009 to help build their AY Industrial Team in Vancouver.

Avison Young Commercial Real Estate
2900 - 1055 West Georgia Street
Vancouver, BC V6E 3P3
Office: 604-687-7331

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