Triovest is proud to announce the acquisition and management contract of a distribution and logistics facility located in Richmond, British Columbia. The four industrial buildings comprise a total of 778,000 s.f and are used for import/export distribution purposes. Tenants include Westran Intermodal, Simard Westlink Inc., Western Canada Express Inc. and Coast 2000 Terminals Ltd.
This property was acquired on behalf of an existing client and is a strategic addition to their Triovest managed portfolio of industrial assets located in BC. This portfolio includes Glenwood Industrial Estates (715,000 s.f), 3100 Production Way (450,000 s.f) and Lake City Court II (71,000 s.f).
This is one of the largest single industrial transactions to ever take place in Metro Vancouver.