B.C.乌鸦传媒檚 largest industrial developer is investing in the Kelowna Airport Business Park.
Burnaby-based Beedie has acquired the former 14.7-acre gravel site at 2050 Pier Mac Way. The deal, brokered by commercial real estate and investment company CBRE, is the largest single property industrial land transaction by dollar value in the city乌鸦传媒檚 history, according to a news release from CBRE. The release also states Beedie乌鸦传媒檚 future development will provide a series of new strata buildings and built-to-suit development options at the site.
乌鸦传媒淜elowna is a key node between British Columbia and Alberta and I乌鸦传媒檓 excited for Beedie to enter this highly impactful market,乌鸦传媒� said Ryan Beedie, company president.乌鸦传媒淲ith our roots and long-established work in B.C., and our growing expansion into Alberta, it乌鸦传媒檚 truly the perfect fit for us. The Okanagan continues to see a huge amount of growth in the industrial and businesses sectors and we乌鸦传媒檙e looking to support that growth with a very unique offering within the region.乌鸦传媒�
Travis Blanleil, sales associate at CBRE, said the deal is indicative of the state of the industrial market in Kelowna and the continuing rise in demand for industrial products in B.C.
乌鸦传媒淒emand for light industrial, distribution, third party logistics, and food warehousing space in Metro Vancouver have soared as a result of COVID-19, naturally forcing companies to shift their focus and consider new markets,乌鸦传媒� said Blanleil. 乌鸦传媒淜elowna has become a viable and strategic market for companies looking to expand operations or set up new ventures.乌鸦传媒�
Plans submitted to the city by TKA+D Architecture+Design on behalf of Beedie show plans for two buildings for the site, totaling 13 individual units and covering approximately 144,461 square feet. It would be located along Pier Mac Way, Quail Ridge Boulevard, and Circuit Road. An application to subdivide the property into two lots, a development permit application, and a soil deposit application have also been submitted.
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