RICHMOND, BC

12080 Bridgeport Road and 3020 No. 5 Road
Estate Investment Industrial Sale

Located in Richmond, B.C., 12080 Bridgeport and 3020 No. 5 Richmond Road offers 51,000 sq. ft of industrial retail space on 1.76 acres. The buildings were 100% leased to 13 businesses, all at well below market rents. This assignment required qualifying and sourcing the right purchaser to appreciate the potential to add value. Representing the executors of the estate, the Industrial Specialists ran a robust sales and marketing strategy to garner multiple offers resulting in a sale value of $24,680,000 to a local investor.