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Further expanding Concert’s industrial portfolio in BC
Vancouver, BC – Concert is pleased to announce the acquisition of 7167 Progress Way, a single-tenant warehouse distribution facility in Delta, British Columbia.
This 121,822-square-foot facility primarily consists of 26 foot clear warehouse space including 6,000 square feet of office.
“This acquisition expands Concert’s industrial property portfolio in British Columbia south of the Fraser River and takes advantage of upcoming infrastructure improvements in the area,” said Concert’s President and COO, Brian McCauley.
The property is strategically located in an industrial area that is poised to see growth and development in the near future – north Delta’s Tilbury Industrial Area. Completion of the adjacent South Fraser Perimeter Road in 2013 will significantly improve access to the area and in the process draw a broader base of tenants.
With operations in British Columbia, Alberta and Ontario, Concert is an award-winning diversified real estate enterprise with expertise in developing rental, condominium and seniors housing; developing and acquiring commercial, industrial and infrastructure properties; and property management. www.ConcertProperties.com
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