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Thirty8 Avenue Business Centre – Industrial Strata Project Sold Out

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Beedie’s Brand New Development Completed in Campbell Heights North

Colliers International is pleased to announce the successful sell out of Beedie’s premium industrial strata project in Campbell Heights North, Surrey BC. Thirty8 Avenue completed construction in November 2020 and is ready for occupancy with full commitment. Chris Morrison, Randy Heed and Nick Englmaier would like to thank Beedie for another successful partnership. 

Thirty8 Avenue Business Centre encompasses two buildings totaling 147,544 SF. Situated in the sought after and rapidly developing area of Campbell Heights located on 192 Street, offering excellent access and exposure for occupants. Campbell Heights has recently become one of the fastest growing industrial communities due to its proximity to major transport routes including the US border and Tsawwassen port as well its accessibility to the Metro Vancouver labour force.

Building A has been purchased all by owner-users and Building B (72, 816 SF) has been occupied by California Important Parts Ltd., a Surrey based auto parts company. Thirty8 Avenue boasts market-leading features, which include quality Beedie Construction specifications: 26’ clear ceilings, ample dock and grade-level loading, complete with structural mezzanine.





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For More Information, Please Contact:

Chris Morrison

Executive Vice President | Industrial | Canada | Personal Real Estate Corporation

Vancouver

Chris rejoined Colliers at the beginning of 2008, after five years as Director of Industrial Development for The Beedie Group, one of the largest and most successful development companies in Western Canada. Since returning to Colliers, he has been one of the top brokers in the Metro Vancouver Market.

Chris initially joined the real estate industry in 1994 and was one of the top industrial brokers in Metro Vancouver prior to leaving Colliers in 2002. During his tenure, Chris achieved a position amongst the Top 50 Commercial Realtors in Colliers Canada for production for consecutive years in 2000, 2001 and 2002.

As an Executive Vice President, Chris is highly focused and passionate about providing creative real estate solutions for companies in the industrial sector. Although based in Vancouver, his client base extends to major real estate markets across Canada and the U.S.

After 25 years in the industry, his role has evolved to where his focus is on becoming a trusted resource rather than a transaction centric service provider. Whether it be simply providing market intelligence on a regular basis or assisting with validating long-term business strategies, Chris is committed in being responsive and fully accountable over the course of any assignment.

Chris' experience at The Beedie Group is highly unique, where he was responsible on providing an “insider’s” perspective on all aspects of development, construction and analysis of income producing real estate assets.

During his tenure at The Beedie Group, Chris completed 47 design build projects totaling over 1.5million square feet and was involved in every key aspect of the design and construction process. Chris’ involvement during the site acquisition process included preliminary conceptual design and feasibility, coordination of cost estimates, as well as final contract negotiations and transaction structures. Chris also consulted on the renewal of major tenants within The Beedie portfolio, which had totaled over 6million square feet.

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Randy Heed

Executive Vice President | Personal Real Estate Corporation

Surrey

Randy Heed, based out of Colliers’ Surrey, BC office, has specialized in the sale of industrial, commercial and investment property sales in the Fraser Valley for the past Thirty One years. Working with Colliers his entire real estate career, Randy has been involved in numerous projects since joining Colliers in 1989. Randy brings an in-depth knowledge of inventory, market conditions, comparables, trends and financial analysis to every solution.

 

Randy has received Top 50 Canada Award of Excellence for production years 2000 - 2008, 2013, 2015, 2016, 2017 and 2019.  In 2020 Randy finished number one  in Western Canada and in the top five nationally.  Randy is an Honours graduate of the British Columbia Institute of Technology’s Marketing Management and Real Estate Studies program.

 

Randy has been actively involved in the community as a Director of the Surrey Board of Trade from 1999 to 2008; as a Director of the City of Surrey’s Board of Variance, from 2002 to 2004; as a Director of the Peace Arch Hospital and Community Health Foundation, from 2006 to 2008 and as a  Director of the City of Surrey’s Homelessness and Housing Society from 2009-2020.

 

Throughout his career, Randy has worked on some of the largest transactions to occur South of the Fraser River, including: Industrial and Commercial Investment sales throughout the Fraser Valley Region, The sale of 160 acres on behalf of the Royal Bank of Canada in a foreclosure proceeding in North Surrey, the relocation of Ritchie Bros from North Surrey to Chilliwack on behalf of Cattermole Timber and Ritchie Bros., the sale of the Salvation Army House of Concord property, a 60 acre property at 86th Ave and 200th street in Langley on behalf of the Salvation Army, the sale of the 10 acre Cloverdale Highways Yard at the Cloverdale Bypass (176th St.)& Highway #10 on behalf of the Province of BC, the sale of Imperial Lumber in foreclosure proceedings on behalf of the Bank of Montreal and the sale of Pacific Press' Vancouver Province production plant for Southham Inc. the sale of Postmedia's Vancouver Sun/Vancouver Province newspaper production facility in Surrey, BC and most recently the sale of Campbell Heights North Business Park a six year project that started in 2011 and completed in 2017 which involved the sale of 250 acres of serviced industrial land sold on behalf of the City of Surrey's Development Corporation.

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Nick Englmaier

Associate

Vancouver

With a core understanding in financial analysis, I brought my expertise and passion for learning to a senior Industrial Brokerage team at Colliers, specializing in the Fraser Valley. My core competencies include prospecting, marketing coordination, underwriting, market research, and land valuation. Through my analytical background, I am able to provide unparalleled solutions to multi-faceted real estate and business challenges that my clients face.

I initially joined Colliers International as a Real Estate Financial Analyst, providing support for the Industrial, Investment, Office and Retail divisions. I delivered detailed and accurate financial analysis through careful due diligence, market research and understanding of local planning policies. I was also responsible for publishing the LandShare Report. My specialties are the valuation and underwriting of income producing properties and sites with redevelopment potential.

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