DELTA, BC

Delco Container – Industrial Land Sale

The Delco Container Yard comprises of approximately 22 acres of prime industrial land and is located in the Tilbury Industrial area of Delta, B.C. The Vendor was looking to work with a team with a large network of major buyers due to the sheer size of the property.

Our team ran a full-scale marketing strategy that included:

  1. Reaching local, national and international buyers;

  2. Actively calling agents with qualified buyers; and

  3. Leveraging multiple online and traditional channels to create high visibility and increased demand.

Through our transparent bid process we achieved 14 offers, including 4 unconditional, resulting in a sale value of $117 million. The Purchaser is a well-known local developer that will be constructing a build to suit facility for a national food occupier.

This sale represents the largest ever industrial land sale for CBRE Vancouver to date.