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Surrey two-acre industrial site sold for $14 million

Two-lot assembly on 192 Street sold for $7 million per acre in the first quarter of 2022.
Colliers, Vancouver, for Western Investor

Property type: Industrial land

Location: 9714 and 9718, 192 Street, Surrey, B.C.

Land size: 87,120 square feet

Land size in acres: 2 acres

Date of sale: February 25, 2022

Price: $14 million

Seller: Private local investor

Buyer: Beedie Group, Burnaby

Brokerage: Colliers, Vancouver

Brokers: Darren Cannon and Josh Gaze