2023 Q1

Greater Vancouver Industrial Sales Market Report

Klein | Reports | 2023 - Q1 Commercial Industrial Market Report
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Sources: Real Estate Board of Greater Vancouver, Commercial Edge; Canadian Real Estate Association, MLS®; Altus Group; Statistics Canada; Landcor; RealNet.

Disclaimer: Data has been obtained from sources considered to be reliable. However, no representation or warranty, expressed or implied, is made as to the accuracy of any of the information, projections or conclusions contained  herein, and the same is submitted subject to errors and omissions, without any obligation to update or correct.

Highlights

How Industrial properties have responded to the market.

100
2023 Q1 Sales Transactions
$110B
2023 Q1 Sales Volume
440

Largest Market Share - City

2023 Q1

Greater Vancouver Overview

Total Sales & Transaction Volume
20192020202120222023 (Q1)
Sales$ Volume%Sales$ Volume%Sales$ Volume%Sales$ Volume%Sales$ Volume%
Burnaby39$ 141,342,59713%40$ 411,082,00029%42$ 251,020,71911%35$ 284,079,13413%5$ 19,895,0005%
Chilliwack14$ 23,099,5002%8$ 8,330,0001%13$ 23,757,1001%11$ 71,369,9003%2$ 1,815,0000%
Coquitlam8$ 11,689,0001%18$ 50,991,5004%17$ 56,425,8623%8$ 34,265,0002%2$ 6,053,2001%
Delta25$ 62,645,6846%28$ 84,343,7656%41$ 185,056,8268%23$ 86,783,7004%11$ 140,453,30434%
Langley20$ 83,908,2788%25$ 75,764,3955%34$ 200,399,4089%62$ 255,926,91012%5$ 52,616,08013%
New Westminster1$ 8,900,0001%3$ 5,403,0000%1$ 1,785,0000%3$ 54,300,0002%0$ 00%
North Vancouver13$ 40,300,7504%17$ 90,019,5006%31$ 170,072,8018%14$ 43,091,9792%5$ 23,750,0006%
Port Coquitlam34$ 93,421,4889%39$ 84,913,7886%65$ 134,024,7306%18$ 83,771,8454%2$ 13,800,0003%
Port Moody2$ 7,132,7361%1$ 3,500,0000%0$ 00%2$ 3,700,0000%0$ 00%
Richmond0$ 00%102$ 271,668,16619%161$ 585,388,31226%127$ 429,903,09019%28$ 77,348,88018%
Surrey124$ 314,298,66630%102$ 235,870,87317%155$ 448,992,35820%111$ 579,504,81526%18$ 48,790,74412%
Vancouver54$ 263,416,90525%29$ 97,586,8007%54$ 204,032,0299%42$ 295,653,35313%7$ 33,853,8008%
Total334$ 1,050,155,603100%412$ 1,419,473,786100%614$ 2,260,955,146100%456$ 2,222,349,726100%85$ 418,376,008100%
2019
Burnaby39$ 141,342,59713%
Chilliwack14$ 23,099,5002%
Coquitlam8$ 11,689,0001%
Delta25$ 62,645,6846%
Langley20$ 83,908,2788%
New Westminster1$ 8,900,0001%
North Vancouver13$ 40,300,7504%
Port Coquitlam34$ 93,421,4889%
Port Moody2$ 7,132,7361%
Richmond0$ 00%
Surrey124$ 314,298,66630%
Vancouver54$ 263,416,90525%
Total334$ 1,050,155,603100%
2020
Burnaby40$ 411,082,00029%
Chilliwack8$ 8,330,0001%
Coquitlam18$ 50,991,5004%
Delta28$ 84,343,7656%
Langley25$ 75,764,3955%
New Westminster3$ 5,403,0000%
North Vancouver17$ 90,019,5006%
Port Coquitlam39$ 84,913,7886%
Port Moody1$ 3,500,0000%
Richmond102$ 271,668,16619%
Surrey102$ 235,870,87317%
Vancouver29$ 97,586,8007%
Total412$ 1,419,473,786100%
2021
Burnaby42$ 251,020,71911%
Chilliwack13$ 23,757,1001%
Coquitlam17$ 56,425,8623%
Delta41$ 185,056,8268%
Langley34$ 200,399,4089%
New Westminster1$ 1,785,0000%
North Vancouver31$ 170,072,8018%
Port Coquitlam65$ 134,024,7306%
Port Moody0$ 00%
Richmond161$ 585,388,31226%
Surrey155$ 448,992,35820%
Vancouver54$ 204,032,0299%
Total614$ 2,260,955,146100%
2022
Burnaby35$ 284,079,13413%
Chilliwack11$ 71,369,9003%
Coquitlam8$ 34,265,0002%
Delta23$ 86,783,7004%
Langley62$ 255,926,91012%
New Westminster3$ 54,300,0002%
North Vancouver14$ 43,091,9792%
Port Coquitlam18$ 83,771,8454%
Port Moody2$ 3,700,0000%
Richmond127$ 429,903,09019%
Surrey111$ 579,504,81526%
Vancouver42$ 295,653,35313%
Total456$ 2,222,349,726100%
2023 (Q1)
Burnaby5$ 19,895,0005%
Chilliwack2$ 1,815,0000%
Coquitlam2$ 6,053,2001%
Delta11$ 140,453,30434%
Langley5$ 52,616,08013%
New Westminster0$ 00%
North Vancouver5$ 23,750,0006%
Port Coquitlam2$ 13,800,0003%
Port Moody0$ 00%
Richmond28$ 77,348,88018%
Surrey18$ 48,790,74412%
Vancouver7$ 33,853,8008%
Total85$ 418,376,008100%
$ Volume And Number Of Transactions
Date$ VolumeSales
2019
Qtr113600555725
Qtr2185353545.557
Qtr38009744531
Qtr4164746927.838
2020
Qtr134737556942
Qtr2254447064.799
Qtr3327558588.81115
Qtr4505185517.2151
2021
Qtr1732509588.41203
Qtr2653008352.91174
Qtr3398639994.43132
Qtr4745660330.78156
2022
Qtr1933257179167
Qtr2668390550.3128
Qtr329701383780
Qtr4356577464.8498
2023
Qtr1456546007.9593
Industrial Market Share

2023 Q1

Abbotsford Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
Unit 145, 1891 Foy Street$ 4,260,00010523.0$ 405
Unit B, 2015 Paramount Crescent$ 2,700,0006494.0$ 416
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr11202298811
Qtr223421765.5210
Qtr32847896510
Qtr45950922.58
202000
Qtr1150726804
Qtr227735000.015
Qtr3460412899
Qtr44212650911
202100
Qtr15086127013
Qtr270105004
Qtr3136022583
Qtr426398318
202200
Qtr16063510
Qtr266630004
Qtr352590004
Qtr461720004
202300
Qtr1153600003
Grand Total306102765.03131
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1247.73224.00305.0049306.0
Qtr2312.10164.00682.0088658.0
Qtr3256.90185.00335.00117591.0
Qtr4256.88199.00289.0023361.0
20200000
Qtr1228.25144.00260.0097040.0
Qtr2256.25170.00390.0072414.0
Qtr3242.22209.00283.00190738.0
Qtr4272.50171.00312.00152715.0
20210000
Qtr1323.69199.00644.00173220.0
Qtr2316.50298.00368.0022960.0
Qtr3345.50310.00381.0015709.0
Qtr4291.50222.00396.00121929741.6
20220000
Qtr1461.10260.00714.0023028305.0
Qtr2429.33307.00530.0011689.0
Qtr3720.50623.00840.007392.0
Qtr4509.67317.00694.0013112.0
20230000
Qtr1410.50405.00416.0017017.0
Grand Total5,881.124,407.007,839.00146010968.6

2023 Q1

Burnaby Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
6928 Palm Avenue$ 6,750,000--
6409 Beresford Street$ 5,900,0008474.0$ 696
3887 2nd Avenue$ 4,875,0008374.0$ 582
Unit 112, 3993 Henning Drive$ 1,470,0002270.0$ 648
Unit 122, 2544 Douglas Road$ 900,0001128$ 798
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr1379614006
Qtr22444968817
Qtr399865097
Qtr4689450009
202000
Qtr12121900009
Qtr26556000012
Qtr37029500010
Qtr4104009762.530
202100
Qtr16656285015
Qtr27842600011
Qtr3859573709
Qtr41110767
202200
Qtr120033213
Qtr2610702009
Qtr3244125009
Qtr4422746354
202300
Qtr1198950005
Grand Total972307322.5182
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1403.00293.00578.0093255.0
Qtr2341.24189.00867.0088734.0
Qtr3434.83278.00601.0033088.0
Qtr4401.33304.00625.00190452.0
20200000
Qtr1454.11182.00839.00562476.0
Qtr2468.85283.07892.92124726.0
Qtr3426.90273.00649.00199365.0
Qtr4447.40252.00696.00285030.1
20210000
Qtr1478.07377.00616.00150716.0
Qtr2479.00323.00685.00177122.0
Qtr3512.63290.00666.0097402.0
Qtr4530.67414.00627.0060447889.0
20220000
Qtr1689.70465.001,269.00156321799.0
Qtr2943.71659.001,555.0027405.0
Qtr3596.86394.00756.0028828.0
Qtr4563.67427.00764.0074050.0
20230000
Qtr1681.00582.00798.0020246.0
Grand Total8,852.955,985.0713,483.92218922583.1

2023 Q1

Chilliwack Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
Unit 2, 7965 Venture Place$ 915,0002608.0$ 351
Unit 4, 7965 Venture Place$ 900,0002608.0$ 345
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr19750001
Qtr261100003
Qtr3112370007
Qtr447775003
202000
Qtr133200004
Qtr212100002
Qtr338000002
Qtr42108310913
202100
Qtr198900004
Qtr248250003
Qtr3191092
Qtr46293810511
202200
Qtr1521500003
Qtr280000003
Qtr327699003
Qtr418150002
202318150002
Qtr100
Grand Total19673472368
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1121.00121.00121.000
Qtr2194.00152.00268.003.1
Qtr3182.8664.00342.004.4
Qtr4214.00203.00220.000.2
20200000
Qtr2255.00208.00303.000
Qtr3294.00155.00433.000
Qtr4438.00328.00548.001.2
20210000
Qtr1296.00275.00317.007957.0
Qtr2325.50217.00519.002.1
Qtr3317.00233.00458.000.0
Qtr4383.50192.00575.000.0
20220000
Qtr1305.00305.00305.000.0
Qtr21,246.33327.003,068.0011.6
Qtr3495.33243.00904.001.0
Qtr4362.67297.00459.000
20230000
Qtr1348.00345.00351.000
Grand Total5,778.193,665.009,191.007980.7

2023 Q1

Coquitlam Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
Unit 10, 1750 Hartley Avenue$ 3,800,0006282.0$ 605
Unit 112, 17 Fawcett Road$ 2,253,2005449.0$ 414
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr160000001
Qtr215160003
Qtr336750003
Qtr44980001
202000
Qtr115075002
Qtr365580007
Qtr4429260009
202100
Qtr144491003
Qtr233386624.179
Qtr346012502
Qtr4264752
202200
Qtr1103202
Qtr235750002
Qtr3224500002
Qtr435750003
202300
Qtr160532002
Grand Total140807469.1753
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1226.00226.00226.0026496.0
Qtr2297.67259.00334.005039.0
Qtr3356.33314.00431.0011080.0
Qtr4235.00235.00235.002123.0
20200000
Qtr1374.00294.00454.004383.0
Qtr3309.71221.00403.0022541.0
Qtr4350.110.00554.0083361.5
20210000
Qtr1300.67230.00384.0015852.0
Qtr2419.11281.00631.0090396.0
Qtr3701.50475.00928.007863.0
Qtr4498.50484.00513.0012940000.0
20220000
Qtr1493.50368.00619.005500000.0
Qtr2681.00641.00721.005198.0
Qtr3515.00484.00546.0041312.0
Qtr4477.00425.00512.007425.0
20230000
Qtr1509.50414.00605.0011731.0
Grand Total6,744.605,351.008,096.0018774800.5

2023 Q1

Delta Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
590 Ebury Place$ 62,750,000177049.0$ 354
Unit 107, 7672 Progress Way$ 12,535,92534495.0$ 363
1668 Fosters Way$ 12,398,00025461.0$ 487
Unit 104, 7672 Progress Way$ 10,246,42519517.0$ 525
Unit 101, 7672 Progress Way$ 10,135,50023300$ 435
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr13299500010
Qtr2124212006
Qtr321512003
Qtr4150782846
202000
Qtr1192972506
Qtr216499002
Qtr380110007
Qtr45588561514
202100
Qtr12922130010
Qtr2299900009
Qtr36120542114
Qtr41598698
202200
Qtr1548038
Qtr25063600017
Qtr3135760005
Qtr4202317008
202300
Qtr114045330411
Grand Total493017846144
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1292.60227.00440.003.9
Qtr2299.33185.00495.004.9
Qtr3242.67127.00308.000.4
Qtr4300.67223.00478.002.1
20200000
Qtr1268.50210.00294.000
Qtr2316.00290.00342.000
Qtr3326.29261.00412.000
Qtr4334.79261.00512.000
20210000
Qtr1359.70340.00461.0044621.0
Qtr2373.44293.00568.000.0
Qtr3457.07347.001,158.000.0
Qtr4576.43258.001,551.000.0
20220000
Qtr1625.43334.001,794.000.0
Qtr2621.65500.00839.000.0
Qtr3611.00492.00657.000.0
Qtr4559.86496.00619.000.0
20230000
Qtr1473.20354.00875.000.0
Grand Total7,038.625,198.0011,803.0044632.2

2023 Q1

Langley Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
5838 274th Street$ 33,784,30082000.0$ 412
Unit 102, 4848 275th Street$ 10,051,65016941.0$ 593
5783 200th Street$ 6,500,000--
Unit 1, 20701 Langley Bypass$ 1,150,0001733.0$ 664
Unit A120, 19748 86th Avenue$ 1,130,1302608$ 433
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr1110950005
Qtr2170450004
Qtr3278132788
Qtr427955000.013
202000
Qtr142595895.0410
Qtr240125002
Qtr335210004
Qtr4239600008
202100
Qtr1381260008
Qtr2462913508
Qtr35142593510
Qtr41285228
202200
Qtr130984315
Qtr2191968206
Qtr34133992514
Qtr464542553.8427
202300
Qtr1526160805
Grand Total471974701.89145
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1246.40190.00342.000.9
Qtr2244.50184.00356.002.6
Qtr3263.50169.00435.004.9
Qtr4245.3399.00435.007.2
20200000
Qtr1263.60225.00444.000
Qtr2322.00279.00365.000
Qtr3355.75291.00397.000
Qtr4294.00208.00391.000
20210000
Qtr1319.13255.00425.000
Qtr2410.75295.00571.004.7
Qtr3347.90283.00410.005.4
Qtr41,154.67339.004,787.000.0
20220000
Qtr1479.53381.00745.000.0
Qtr2823.83438.001,886.001.0
Qtr3581.07325.00842.000
Qtr4479.11390.00800.002.8
20230000
Qtr1525.50412.00664.004.9
Grand Total7,356.574,763.0014,295.0034.4

2023 Q1

New Westminster Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
No Tranactions in Q1-2023---
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr389000001
Qtr400
202000
Qtr100
Qtr254030003
Qtr300
Qtr400
202100
Qtr100
Qtr200
Qtr300
Qtr401
202200
Qtr11527492
Qtr200
Qtr300
Qtr4123000001
202300
Qtr100
Grand Total267557498
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr3140.00140.00140.0063593.0
Qtr40000
20200000
Qtr10000
Qtr2380.67332.00467.0015043.0
Qtr30000
Qtr40000
20210000
Qtr10000
Qtr20000
Qtr30000
Qtr40001785000.0
20220000
Qtr1268.00228.00308.0042000000.0
Qtr20000
Qtr30000
Qtr4431.00431.00431.0028529.0
20230000
Qtr10000
Grand Total1,219.671,131.001,346.0043892165.0

2023 Q1

North Vancouver Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
388 Lynn Avenue$ 10,500,00014352.0$ 732
1470 Columbia Street$ 5,200,0007376.0$ 705
1520 Richmond Street$ 3,700,0006102.0$ 606
1538 Bay Street$ 3,250,0006058.0$ 536
Unit 102, 1075 West 1st Street$ 1,100,0001355$ 812
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr1153917504
Qtr2115590005
Qtr367000002
Qtr466500002
202000
Qtr160200003
Qtr212000001
Qtr3325860008
Qtr4502135005
202100
Qtr11914900011
Qtr21010600007
Qtr3127460006
Qtr41899187
202200
Qtr1226416
Qtr225958002
Qtr3124421804
Qtr4103340002
202300
Qtr1237500005
Grand Total31260978980
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1650.75524.00912.0024822.0
Qtr2557.00396.00811.0020820.0
Qtr3642.00504.00780.0011191.0
Qtr4523.00399.00647.0012343.0
20200000
Qtr1469.67215.00603.0014740.0
Qtr2577.00577.00577.002081.0
Qtr3551.75436.00644.0064702.0
Qtr4591.00500.00771.0095759.0
20210000
Qtr1652.55423.00924.0031230.0
Qtr2553.50398.00652.00214225.0
Qtr3693.67372.00918.0021328.0
Qtr4816.71551.001,167.0037758000.0
20220000
Qtr1774.17669.00905.0017719999.0
Qtr2692.50457.00928.003849.0
Qtr3957.75587.001,667.0014344.0
Qtr4641.00641.00641.008000.0
20230000
Qtr1678.20536.00812.0035243.0
Grand Total11,022.218,185.0014,359.0056052676.0

2023 Q1

Port Coquitlam Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
1602 Kebet Way$ 12,700,000--
Unit 701, 2071 Kingsway Avenue$ 1,100,0001882.0$ 584
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr1192750005
Qtr2175102007
Qtr350562006
Qtr451580087.816
202000
Qtr125104003
Qtr217297250.663
Qtr3168679697
Qtr449468568.2528
202100
Qtr142371850.1628
Qtr253933811.2424
Qtr3221450005
Qtr4453328
202200
Qtr11055368
Qtr2203050004
Qtr341050003
Qtr473900003
202300
Qtr1138000002
Grand Total343767205.11160
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1328.00228.00416.0053641.0
Qtr2344.71240.00423.0063186.0
Qtr3329.33274.00388.0015299.0
Qtr4349.06316.00426.00152059.0
20200000
Qtr1312.67188.00376.007459.0
Qtr2342.33314.00366.0049906.0
Qtr3394.57287.00646.0035925.0
Qtr4398.15282.00500.00106046.0
20210000
Qtr1393.36280.00495.00109427.0
Qtr2398.96292.00582.00146026.0
Qtr3480.25366.00659.0047051.0
Qtr4555.43349.00756.0027040700.0
20220000
Qtr1695.38367.001,543.0051971845.0
Qtr2814.00564.001,190.005327.0
Qtr3745.67710.00780.005501.0
Qtr4665.00616.00754.0011600.0
20230000
Qtr1584.00584.00584.001882.0
Grand Total8,130.876,257.0010,884.0079822880.0

2023 Q1

Port Moody Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
No Transactions in Q1-2023---
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr130000001
Qtr341327361
202000
Qtr100
Qtr200
Qtr335000001
Qtr400
202100
Qtr100
Qtr200
Qtr300
Qtr400
202200
Qtr101
Qtr200
Qtr317500001
Qtr400
202300
Qtr100
Grand Total123827365
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1490.00490.00490.006125.0
Qtr3681.00681.00681.006065.0
20200000
Qtr10000
Qtr20000
Qtr3526.00526.00526.006650.0
Qtr40000
20210000
Qtr10000
Qtr20000
Qtr30000
Qtr40000
20220000
Qtr10001950000.0
Qtr20000
Qtr30000
Qtr40000
20230000
Qtr10000
Grand Total1,697.001,697.001,697.001968840.0

2023 Q1

Richmond Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
2540 No. 5 Road$ 4,398,0006359.0$ 692
12360 Vickers Way$ 4,080,0007200.0$ 567
2431 Vauxhall Place$ 4,065,000--
Unit 150, 11800 Voyageur Way$ 2,976,1005925.0$ 492
Unit 135, 6753 Graybar Road$ 2,885,0005731$ 503
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr1379614006
Qtr22444968817
Qtr399865097
Qtr4689450009
202000
Qtr12121900009
Qtr26556000012
Qtr37029500010
Qtr4104009762.530
202100
Qtr16656285015
Qtr27842600011
Qtr3859573709
Qtr41110767
202200
Qtr120033213
Qtr2610702009
Qtr3244125009
Qtr4422746354
202300
Qtr11989500028
Grand Total972307322.5205
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1403.00293.00578.0093255.0
Qtr2341.24189.00867.0088734.0
Qtr3434.83278.00601.0033088.0
Qtr4401.33304.00625.00190452.0
20200000
Qtr1454.11182.00839.00562476.0
Qtr2468.85283.07892.92124726.0
Qtr3426.90273.00649.00199365.0
Qtr4447.40252.00696.00285030.1
20210000
Qtr1478.07377.00616.00150716.0
Qtr2479.00323.00685.00177122.0
Qtr3512.63290.00666.0097402.0
Qtr4530.67414.00627.0060447889.0
20220000
Qtr1689.70465.001,269.00156321799.0
Qtr2943.71659.001,555.0027405.0
Qtr3596.86394.00756.0028828.0
Qtr4563.67427.00764.0074050.0
20230000
Qtr1681.00582.00798.0020246.0
Grand Total8,852.955,985.0713,483.92218922583.1

2023 Q1

Surrey Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
17924 56th Avenue$ 13,350,00015116.0$ 883
19330 94th Avenue$ 7,250,00018000.0$ 403
Unit 204, 9775 188th Street$ 6,604,01310287.0$ 642
Unit 3, 14722 64th Avenue$ 3,325,0004073.0$ 816
Unit 103, 15315 66th Avenue$ 2,148,7965115$ 420
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr150092397.7327
Qtr255383732.0142
Qtr316165832629
Qtr44716421026
202000
Qtr16511170832
Qtr245858830.7619
Qtr346216357.1923
Qtr47868397728
202100
Qtr1209312542.2553
Qtr2110336677.535
Qtr36125525522
Qtr4103291569.4645
202200
Qtr122267295033
Qtr2199936150.338
Qtr36520390018
Qtr47889181521
202300
Qtr14879074418
Grand Total1649861142.2509
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1337.04153.00611.00173704.0
Qtr2314.12192.00440.00185435.0
Qtr3307.72155.00490.00679156.0
Qtr4316.85164.00455.00163385.0
20200000
Qtr1337.78148.00775.00188012.0
Qtr2343.53225.00600.00154850.0
Qtr3330.55177.00434.00143135.0
Qtr4381.61234.00682.00234020.0
20210000
Qtr1375.90188.00547.00656019.0
Qtr2451.12200.00850.00262434.0
Qtr3559.50295.00833.0087581.0
Qtr4478.86350.001,152.00214220.0
20220000
Qtr1571.93328.00923.00257348.0
Qtr2644.3095.001,320.00407106.0
Qtr3743.88435.001,060.0082560.0
Qtr4620.81360.001,275.00152544.0
20230000
Qtr1644.59403.00883.0078669.0
Grand Total7,760.084,102.0013,330.004120178.0

2023 Q1

Vancouver Industrial Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (SF)Price/SF
6928 Palm Avenue$ 6,750,000--
6409 Beresford Street$ 5,900,0008474.0$ 696
3887 2nd Avenue$ 4,875,0008374.0$ 582
Unit 112, 3993 Henning Drive$ 1,470,0002270.0$ 648
Unit 122, 2544 Douglas Road$ 900,0001128$ 798
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201900
Qtr1379614006
Qtr22444968817
Qtr399865097
Qtr4689450009
202000
Qtr12121900009
Qtr26556000012
Qtr37029500010
Qtr4104009762.530
202100
Qtr16656285015
Qtr27842600011
Qtr3859573709
Qtr41110767
202200
Qtr120033213
Qtr2610702009
Qtr3244125009
Qtr4422746354
202300
Qtr1198950005
Grand Total972307322.5182
Quarterly Total Volume (Sf)
Row LabelsPrice/SF (Avg)Price/SF (Lowest)Price/SF (Highest)Total SF of Land
20190000
Qtr1403.00293.00578.0093255.0
Qtr2341.24189.00867.0088734.0
Qtr3434.83278.00601.0033088.0
Qtr4401.33304.00625.00190452.0
20200000
Qtr1454.11182.00839.00562476.0
Qtr2468.85283.07892.92124726.0
Qtr3426.90273.00649.00199365.0
Qtr4447.40252.00696.00285030.1
20210000
Qtr1478.07377.00616.00150716.0
Qtr2479.00323.00685.00177122.0
Qtr3512.63290.00666.0097402.0
Qtr4530.67414.00627.0060447889.0
20220000
Qtr1689.70465.001,269.00156321799.0
Qtr2943.71659.001,555.0027405.0
Qtr3596.86394.00756.0028828.0
Qtr4563.67427.00764.0074050.0
20230000
Qtr1681.00582.00798.0020246.0
Grand Total8,852.955,985.0713,483.92218922583.1
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