Premium new industrial complex in Surrey, B.C. boasting over 750,00 SF of tier 1 industrial space on full build-out, now leasing phase two.The four-phase project features 750,000 SF of premium industrial space – desperately needed in today’s market, with demand at an all-time high, and supply dwindling. Sunmark Business Centre is the latest premium project by Sunmark Developments, a local developer with an extensive track record of quality residential and industrial developments in Surrey.
The first phase is now fully leased. Phase two, now availableThe first phase out of four is now fully leased. Phase two, now available, will consist of 185,757 SF of expansive space on over 7.87 acres, inclusive of high-quality construction and contemporary specifications. This tier 1 industrial complex has flexible unit sizes that can accommodate industrial tenancies from 90,000 SF – 185,757 SF.
Modern design with high efficiencyThis industrial hub spans 31 acres and is offering flexible unit sizes that can accommodate industrial tenancies of up to 310,000 SF. Sunmark Business Centre was meticulously designed with the modern specifications today’s distribution companies seek out. The business park is truly one of a kind in today’s market of extreme low vacancy.
Building up the local economyThe Colliers team, consisting of Vito DeCicco, Senior Vice President and Chris Brewster, Vice President are marketing the project, noting that Phase 1 of the development has been leased to IEM Manufacturing as an expansion to its already robust manufacturing operations in Surrey. IEM is the largest independent full-line manufacturer of electrical distribution and control systems in North America. They intend to hire over 400 employees at its new facility at Sunmark Business Centre, a win for the local economy.
Colliers latest Q4 National Market Snapshot Report emphasizes that the ability to lease industrial space in the Greater Vancouver Area continues to be guided by limited supply and rental rates continue their upward trend despite a significant amount of inventory being delivered this quarter. Sunmark Business Centre brings much needed inventory to an extremely constrained market.
Situated amongst community and growthSunmark Business Centre is located in the heart of the master planned industrial area of Campbell Heights, at 188th Street and 28th Avenue. This area offers close proximity to the extensive labour pool in Surrey, paired with the easy accessibility to Highway 15, Highway 99 and the Canada/US Border.
Campbell Heights has established itself as a premier industrial destination with over 2,000 acres of mixed employment land. This South-East Surrey neighbourhood benefits from a growing workforce while being well connected to Metro Vancouver’s highway network. An abundance of retail, services and natural amenities are located nearby including restaurants, golf courses and parks for employees and visitors to enjoy.
Get to know the developerSunmark is a full-service home builder, providing quality, spacious, thoughtfully designed, and affordable homes across B.C. for the last 25 years. Sunmark’s innovative environmentally friendly architecture is crafted with a modern lifestyle in mind to incorporate the cosmopolitan densification of British Columbia’s diverse cities. Sunmark is now adding commercial development to their portfolio with the development of this strategic parcel for the purposes of high-end industrial development, continuing their tradition for quality projects.
For additional information, please click here: https://www.sunmarkbusinesscentre.com/