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Vancouver Industrial Insight - Q4 2016

​The three top lease deals in the quarter were all completed in the Burnaby submarket. The largest of which was K-Bro Linen Systems Inc.’s 115,384 square foot lease at 400 Fraser Reach Court, in Oxford’s RiverbendBusiness Park. This new construction project is being happily welcomed, as the market has not seen new product, of this scale, to lease for some time. The other two lease deals were in Burnaby’s Big Bend industrial node as well. Technosportleased 69,994 square feet at 5555 Trapp Avenue and Western One Rentals & Sales leased 55,000 square feet at 5450 Byrne Road.

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