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Thirty8 Avenue Business Centre – Industrial Strata Project Sold Out

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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about upcoming industrial strata buildings.

 

Pour plus d’informations, veuillez contacter:

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 succsessful development companies in Western Canada.

Chris joined the real estate industry in 1994 and was one of the top industrial brokers in Metro Vancouver prior to leaving Colliers in 2002.  At Colliers, he achieved a position in the Top 50 commercial realtors in Colliers Canada for production in years 2000, 2001 and 2002.

During his tenure at The Beedie Group, Chris completed 47 design build projects totaling over 1,500,000 square feet, and was involved in every key aspect of the design and construction process.  This included critical input regarding site acquisition, conceptual design and feasibility, coordination of cost estimates, as well as final contract negotiations and transaction structure.  Chris also consulted on the renewal of major tenants within Beedie's portfolio, which totaled over 6,000,000 square feet.

His tenure at Beedie provided Chris with an "insiders" perspective on all aspects of development, construction and analysis of income producing real estate assets.

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Randy Heed

Senior 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 Twenty Nine 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 and was the winner of Colliers International North American Award of Excellence for production years 2000 - 2008, 2013, 2015, 2016 and most recently 2017.  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; and as a Director of the Peace Arch Hospital and Community Health Foundation, from 2006 to 2008. In 2009, Randy was appointed to the Board of Directors for the City of Surrey’s Homelessness and Housing Society, on which Randy sits as an active director.

 

Throughout his career, Randy has worked on some of the biggest transactions to occur South of the Fraser River, including: 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

Real Estate Analyst

Vancouver

Nick Englmaier works as a Real Estate Financial Analyst, primarily for the Investment Sales team. He also provides support for the Office and Industrial sales teams. His responsibilities at Colliers International include underwriting, valuation, capital market analysis, market research, and report writing.

Nick began his career with Colliers in 2018 and since that time has worked across retail, industrial, office, and multifamily assets. He ensures detailed and accurate financial analysis through careful due diligence, market research and his understanding of local planning policies. His specialties are the valuation and underwriting of income producing properties and sites with redevelopment potential.

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