18999 16 Avenue, Surrey, BC

The Subject Properties are strategically located within the northwest quadrant of the South Campbell Heights Local Area Plan, approved by both Metro Vancouver and the City of Surrey in Q1 of 2022. In total, these lots encompass 14.26 acres of industrial designated land, presenting a unique opportunity to set a footprint in the upcoming second phase of the highly coveted Campbell Heights Business Park. With frontage on 16 & 20 Ave, the Subject Properties will count with significant exposure and access to transportation once redevelopment starts in the area. This quadrant of the Local Area Plan is expected to be the first to undergo construction as soon as permitted by the City of Surrey. Prominent developers own most neighboring properties, giving confidence to oncoming investors. The South Campbell Heights Local Area Plan will address the current shortage of industrial space in the Lower Mainland. The Subject Properties provide potential for new industrial businesses seeking a future home or those expanding within the rapidly growing Campbell Heights market