Industrial for Sale

Discover Prime Metro Vancouver Industrial Properties for Sale!

Browse available Metro Vancouver, BC Industrial Properties for Sale on MLS® to find the perfect fit for your needs. This includes Industrial Buildings, Warehouses, and more. Contact us, and we’ll gladly arrange a showing for you!

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1-20/303

  • 105/205 20220 113B Avenue, Maple Ridge - Southwest Maple Ridge

    105/205 20220 113B Avenue Southwest Maple Ridge Maple Ridge V2X 0Y9
    Main Photo: 105/205 20220 113B Avenue, Maple Ridge - Southwest Maple Ridge

    105/205 20220 113B Avenue Maple Ridge V2X 0Y9 Southwest Maple Ridge

    $1,565,000
    Industrial
    Status:
    Active
    MLS® Num:
    C8065895
    Build. Type:
    Residential Mix
    Floor Area:
    2,295 sq. ft.
    Don't miss this extraordinary opportunity to own a unique commercial & residential property in a prime location! This listing offers the best of both worlds with a spacious commercial space on the lower level & a legal 1 bdrm apartment above. The lower unit boasts an expansive 1,150 sq.ft., including an open warehouse area that is currently utilized by 604 Screens. This commercial space features bay door access for convenient deliveries & a separate customer entry. Upstairs, you'll find a legal 1 bdrm apartment unit that provides all the comforts of modern living. The bdrm includes a 5 pc ensuite bath & a generous walk-in closet. The large, well-lit living room offers plenty of open space, perfect for creating your own home office area. Additionally, you'll appreciate the well-appointed kitchen & dining room, making it easy to enjoy meals with friends & family. This is truly the perfect blend of work & leisure in one exceptional property! More details
    Listed by RE/MAX LIFESTYLES REALTY
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 339 W 2ND Street, North Vancouver - Lower Lonsdale

    339 W 2ND Street Lower Lonsdale North Vancouver V7M 1E2

    339 W 2ND Street North Vancouver V7M 1E2 Lower Lonsdale

    $4,415,000
    Industrial
    Status:
    Active
    MLS® Num:
    C8065807
    Floor Area:
    3,982 sq. ft.
    Avison Young is pleased to present the unique opportunity for an owner-user or developer to acquire a prominently located corner site in Lower Lonsdale. The Property is currently improved with a 3,982 sf standalone, owner-occupied industrial building with unobstructed views of the ocean and downtown Vancouver. The current M-1 (Service Industrial) zoning permits a wide range of industrial uses, allowing for a variety of industrial users to occupy the building. The City of North Vancouver Official Community Plan (OCP) designates the Property as Residential Level 5, allowing for a maximum density of up to 2.6 FSR and the potential to build a mid-rise apartment building with a total buildable area of 18,621 sf. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 12990 LILLEY Drive, Maple Ridge - Websters Corners

    12990 LILLEY Drive Websters Corners Maple Ridge V2W 0G6
    Main Photo: 12990 LILLEY Drive, Maple Ridge - Websters Corners

    12990 LILLEY Drive Maple Ridge V2W 0G6 Websters Corners

    $3,999,999
    Industrial, Land Commercial
    Status:
    Active
    MLS® Num:
    C8065811
    Build. Type:
    Freestanding
    Floor Area:
    3,600 sq. ft.
    Discover the exceptional industrial opportunity that awaits with this expansive 1.0 acre property, ideally situated in the heart of Kanaka Business Park. This prime real estate hosts a strategically positioned 3600 square foot shop that offers ample space and flexibility for a variety of business operations. The property comes fully equipped with professionally engineered plans, providing a ready-made solution to seamlessly incorporate into your business setup. This rare find ensures that all your industrial needs are not only met but exceeded, thanks to its well-thought-out infrastructure and optimal location. Whether you're looking to expand your current operations or start a new venture, this property is designed to support and enhance your business objectives. More details
    Listed by Stonehaus Realty Corp.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 12487 82 Avenue, Surrey - Queen Mary Park Surrey

    12487 82 Avenue Queen Mary Park Surrey Surrey V3W 3E8
    Main Photo: 12487 82 Avenue, Surrey - Queen Mary Park Surrey

    12487 82 Avenue Surrey V3W 3E8 Queen Mary Park Surrey

    $17,750,000
    Industrial, Land Commercial
    Status:
    Active
    MLS® Num:
    C8065812
    Build. Type:
    Freestanding
    Floor Area:
    26,745 sq. ft.
    26,745 sq.ft. building on 2.05 acres zoned IL. ~51,000 sq.ft. of flat paved yard space at the back of the building. 7 grade level bay doors. Easy access for trucks. Short distance to Hwy 1, 99, 91, 15 & 17. IL Zoning (Light Impact Industrial Zone). The building is vacant. Yard space is partially being used by the owner. The original part of the building was built in 1978. Two additions were made later, one in 1986 and another in 1991, with permits. The ceiling height ranges from 18-22 feet for the warehouse. Three-Phase Power. 600V. 400 Amps. 27% lot coverage and density of 0.3 FAR. The IL zoning allows for up to 60% lot coverage and density up to 1.00 FAR. The roof was replaced within the last 15 years. Clean Phase 1 Environmental Assessment from January 2024. More details
    Listed by Sutton Group-West Coast Realty (Surrey/120)
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1,2,3 2900 SMITH Street, Richmond - Bridgeport RI

    1,2,3 2900 SMITH Street Bridgeport RI Richmond V6X 2Z6
    Main Photo: 1,2,3 2900 SMITH Street, Richmond - Bridgeport RI

    1,2,3 2900 SMITH Street Richmond V6X 2Z6 Bridgeport RI

    $5,500,000
    Industrial, Retail
    Status:
    Active
    MLS® Num:
    C8065846
    Build. Type:
    Warehouse
    Floor Area:
    6,224 sq. ft.
    FOR SALE AND FOR LEASE!!! Rare opportunity to purchase high exposure 3 units located near Bridgeport Canada Line Station, Costco, No. 3 Road and YVR in Richmond. The property features ample windows allowing for natural daylight, recently updated showroom and mezzanine, Second floor office space with washroom, 20 ft. clear ceiling heights. Self-managed complex and allows various business uses More details
    Listed by Century 21 In Town Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 234 8188 MANITOBA Street, Vancouver - Marpole

    234 8188 MANITOBA Street Marpole Vancouver V5X 4L8
    Main Photo: 234 8188 MANITOBA Street, Vancouver - Marpole

    234 8188 MANITOBA Street Vancouver V5X 4L8 Marpole

    $1,399,000
    Industrial, Office
    Status:
    Active
    MLS® Num:
    C8065870
    Build. Type:
    Condo Strata Complex
    Floor Area:
    2,404 sq. ft.
    HUGE $100K REDUCTION - Now only 582/sf! Featuring 16ft ceilings and large roll-up bay doors plus TWO PARKING STALLS. Newly completed I2 zoning commercial strata unit at Marine Landing located in Vancouver Westside and minutes to Canada Line Skytrain. Variety of uses including: retail store, general office, healthcare office, manufacturing/production, catering, storage warehouse and more! AMAZING amenities include rooftop deck with BBQ, ping pong tables, picnic tables, dog run exercise gym, social lounge and boardroom. End of trip facilities and bike repair/wash area. Unlike any light industrial building you've seen! Also available for lease. More details
    Listed by Oakwyn Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1642 PANDORA Street, Vancouver - Hastings

    1642 PANDORA Street Hastings Vancouver V5L 1L6

    1642 PANDORA Street Vancouver V5L 1L6 Hastings

    $5,197,000
    Industrial, Land Commercial
    Status:
    Active
    MLS® Num:
    C8065890
    Build. Type:
    Manufacturing
    Floor Area:
    8,221 sq. ft.
    Well below Jul 2024 BC Ppty Tax Assessed Value $6.465M. Starting price $83 per Buildable SQFT or $416 per SQFT of land. Existing 1968 warehouse/laboratory w/ 8,221 SF of leaseable area. 30% of chem lab space rented monthly at $20 PSF gross. Adjacent bldgs same owner 1670 & 1636 Pandora also on MLS, use 1670 Pandora together as side wall open pass thru with dbl fire rollup gate for addtl 8,540 SF flr area. Heavy Industrial redevelopment site, 2 blks North of E. Hastings at Commercial Dr., & 3 blocks South of Port of Van. waterfront, in East Van. Site is 12,495 SqFt of land & 102 ft of frontage along Pandora St. First time to sales market in approx. 50 yrs. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (62,476 buildable SqFt) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage (74k SF flr area) & directly behind the newer 7 storey SmartStop Storage (90k SF). 2021 Phases 1 & 2 Environmental Analysis done. More details
    Listed by Amex Broadway West Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1636 PANDORA Street, Vancouver - Hastings

    1636 PANDORA Street Hastings Vancouver V5L 1L6

    1636 PANDORA Street Vancouver V5L 1L6 Hastings

    $4,487,000
    Industrial, Land Commercial
    Status:
    Active
    MLS® Num:
    C8065896
    Build. Type:
    Marine
    Floor Area:
    7,257 sq. ft.
    Modern & recent $350k renovation incl. new: windows, paint & carpets. Warehouse completely pressure washed, floor grinded & re-leveled w/ fresh concrete. Then passed COV safety inspections & issued new occupancy cert. 18 ft. ceiling. 7,257 SF of leaseable area. Recently vacant w/ mkt rents of $24 per SF Net = 3.9% cap rate. Adjacent bldgs same owner 1642 & 1670 Pandora also on MLS. Heavy Industrial redevelopment site. Site is 8,052 SQFT of land & 66 FT of frontage along Pandora St. First time to sales market since built in 1991. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (40,260 buildable SQFT) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage (74k SF floor area) & directly behind the newer 7 storey SmartStop Storage (90k SF). 2021 Phases 1 & 2 Environmental Analysis done. Jul 2024 BC Property Tax Assessment: Land $4.323M + Bldg $10,200. Starting price $111 per Buildable SQFT or $557 per SQFT of land. More details
    Listed by Amex Broadway West Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1670 PANDORA Street, Vancouver - Hastings

    1670 PANDORA Street Hastings Vancouver V5L 1L6

    1670 PANDORA Street Vancouver V5L 1L6 Hastings

    $4,297,000
    Industrial, Land Commercial
    Status:
    Active
    MLS® Num:
    C8065897
    Build. Type:
    Manufacturing
    Floor Area:
    8,540 sq. ft.
    Big discount below Jul 2024 BC Ppty Tax Assessed Value $5.645M. Starting price $80 per Buildable SQFT or $400 per SQFT of land. Existing old timer warehouse w/ 8,540 SF of leaseable area. Recently vacant w/ mkt rents of $20 per SF Net = 4% cap rate. Adjacent bldgs same owner 1642 & 1636 Pandora also on MLS, use 1642 Pandora together as side wall open pass thru w/ dbl fire rollup gate for addtl 8,221 SF space. Heavy Industrial redevelopment site, 2 blks North of E. Hastings at Commercial Dr., & 3 blks South of Port of Van. waterfront, in East Van. Site is 10,736 SQFT of land & 88 FT of frontage along Pandora St. First time to sales market in approx. 50 yrs. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (53,680 buildable SQFT) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage (74K SF flr area) & directly behind the newer 7 storey SmartStop Storage (90K SF). 2021 Phases 1 & 2 Environmental Analysis done. More details
    Listed by Amex Broadway West Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 133 12838 CLARKE Place, Richmond - East Cambie

    133 12838 CLARKE Place East Cambie Richmond V6V 2H6
    Main Photo: 133 12838 CLARKE Place, Richmond - East Cambie

    133 12838 CLARKE Place Richmond V6V 2H6 East Cambie

    $1,320,000
    Industrial, Office
    Status:
    Active
    MLS® Num:
    C8065859
    Build. Type:
    Warehouse
    Floor Area:
    2,383 sq. ft.
    Great warehouse, showroom & office space in North Richmond near Ikea with excellent street & business exposure onto Cambie Road. With 2 separate front entrances to the main level & 2nd floor, this flexible floor plan w/ 2383 SF is perfect for any business owner / investor to use the entire space OR to keep one and rent out the other! The heated warehouse / showroom of ~1500 SF has 20’ ceilings, 2 pc bath and 10’ x 12’ high grade-loading door. The air-conditioned office level is ~800 SF and comes with a full kitchen, storage rm and 2 pc bath. Comes with 4 parking spaces! All this is a well-run complex w/ super low maintenance fees & easy access to highways, airport & Knight Street Bridge. Ready for immediate occupancy For Sale or For Leese at an all-inclusive rate of $4900/month! More details
    Listed by RE/MAX Austin Kay Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 939 E HASTINGS Street, Vancouver - Strathcona

    939 E HASTINGS Street Strathcona Vancouver V6A 0H1

    939 E HASTINGS Street Vancouver V6A 0H1 Strathcona

    $3,300,000
    Industrial, Office
    Status:
    Active
    MLS® Num:
    C8065793
    Floor Area:
    5,185 sq. ft.
    Opportunity to purchase a 5,185 SF tech office with a 4.8% cap rate & a long term tenant. Meticulously maintained and operated, and is currently occupied by Kirsten Reite Architecture. Property Features:End of trip facilities; In unit bike storage; 7 underground parking stalls (one EV); shared grade loading; kitchens and lunchroom. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 155 & 160 11920 FORGE Place, Richmond - Gilmore

    155 & 160 11920 FORGE Place Gilmore Richmond V7A 4V9

    155 & 160 11920 FORGE Place Richmond V7A 4V9 Gilmore

    $11,727,600
    Industrial, Office
    Status:
    Active
    MLS® Num:
    C8065911
    Floor Area:
    19,546 sq. ft.
    An incredible opportunity to own brand new strata warehouse units ranging in South Richmond. These concrete tilt-up construction units feature 2 dock loading doors and 3 grade loading accesses, 28' clear ceiling height, sealed concrete ground floor with a 600 pounds psf capacity, 3-phase electrical and 2 washrooms, with the option to buy shares to save on property transfer tax. Conveniently located just minutes from Steveston Highway and Highway 99, Forge Landing offers quick access to Richmond, Vancouver International Airport, and Metro Vancouver. Enjoy nearby amenities at Ironwood Plaza and Coppersmith Corner Shopping Centre, along with direct public transit routes. Don't miss this exceptional chance to acquire prime new strata warehouse units in South Richmond! More details
    Listed by CBRE Limited
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 107 6448 148 Street, Surrey - East Newton

    107 6448 148 Street East Newton Surrey V3S 7G7

    107 6448 148 Street Surrey V3S 7G7 East Newton

    $2,300,000
    Industrial
    Status:
    Active
    MLS® Num:
    C8065845
    Floor Area:
    4,215 sq. ft.
    Choice at location 64th Avenue and 148th Street - clean modern and very well managed tilt-up concrete strata complex - 4215 square feet - 3397 Main floor plus 817.5 mezzanine. More details
    Listed by Kirk Real Estate Services Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 105 19975 56 Avenue, Langley - Langley City

    105 19975 56 Avenue Langley City Langley V3A 3Y2
    Main Photo: 105 19975 56 Avenue, Langley - Langley City

    105 19975 56 Avenue Langley V3A 3Y2 Langley City

    $1,560,880
    Industrial
    Status:
    Active
    MLS® Num:
    C8065771
    Build. Type:
    Warehouse
    Floor Area:
    2,864 sq. ft.
    Developed by Astria Properties, Link 200 features a unique opportunity to own a brand-new, small-bay industrial strata units at the high-exposure entrance to Langley City. Unit 105 is 2,864 SF and offers one (1) grade-level loading door, a built-in concrete mezzanine, 28' ceiling height in the warehouse, ample window glazing and skylights. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1708 MORGAN Avenue, Port Coquitlam - Lower Mary Hill

    1708 MORGAN Avenue Lower Mary Hill Port Coquitlam V3C 1J5
    Main Photo: 1708 MORGAN Avenue, Port Coquitlam - Lower Mary Hill

    1708 MORGAN Avenue Port Coquitlam V3C 1J5 Lower Mary Hill

    $2,788,000
    Industrial, Land Commercial
    Status:
    Active
    MLS® Num:
    C8065797
    Floor Area:
    1,391 sq. ft.
    Rare opportunity to acquire two corner properties giving you an end cap lot totalling 13,000 sqft, 100' x 130' in the heart of Port Coquitlam's Mary Hill Industrial Park! RS3 and Option for M3 zoning Light Industrial, offering incredible potential to purpose-build your own 7,800 sqft Warehouse (plans available) or build 2 duplexes with suites (8 units total) (plans available). Located at the prominent corner of Morgan and Broadway, this high-visibility site is ideal for maximizing exposure an drive-by traffic. The existing homes provide excellent rental income options while you finalize plans and permits, making this a great opportunity for investors or developers. More details
    Listed by RE/MAX Sabre Realty Group
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 302 8188 MANITOBA Street, Vancouver - Marpole

    302 8188 MANITOBA Street Marpole Vancouver V5X 3A2
    Main Photo: 302 8188 MANITOBA Street, Vancouver - Marpole

    302 8188 MANITOBA Street Vancouver V5X 3A2 Marpole

    $1,068,000
    Industrial, Office
    Status:
    Active
    MLS® Num:
    C8065707
    Build. Type:
    High Tech
    Strategically located in the heart of South Vancouver's Commercial District, Marine Landing is a new mixed-use commercial building offering well-defined units with clear divisions to ensure seamless business operations. It’s perfect for businesses needing spacious areas such as firms, studios, or manufacturing facilities, allowing entrepreneurs to create and expand their enterprises. The building features exceptional amenities, including an outdoor rooftop patio with BBQ facilities, a lounge with a fully equipped kitchen, a state-of-the-art fitness room, changeroom with private showers/lockers, and bicycle facility etc. Conveniently situated within walking distance of Marine Station and multiple transit options, Marine Landing is ideally positioned to support both staff and customer access! More details
    Listed by Dracco Pacific Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • SL1 1221 E 2ND Avenue, Vancouver - Strathcona

    SL1 1221 E 2ND Avenue Strathcona Vancouver V6A 3T8
    Main Photo: SL1 1221 E 2ND Avenue, Vancouver - Strathcona

    SL1 1221 E 2ND Avenue Vancouver V6A 3T8 Strathcona

    $2,146,375
    Industrial
    Status:
    Active
    MLS® Num:
    C8065710
    Floor Area:
    2,453 sq. ft.
    FRAMEWORKS - Incredibly unique opportunity for an owner user or investor to purchase a ground level flex industrial unit at Frameworks, by Alliance Partners Development. The space features amazing views, high ceilings, and secured parking. Located at the corner of 1st Avenue and Clark Drive, the location is central to downtown as well as all the amenities of the False Creek Flats, Mt. Pleasant and Strathcona. Expected completion is Q3 2026. Contact agent for other units available. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • SL15 1221 E 2ND Avenue, Vancouver - Strathcona

    SL15 1221 E 2ND Avenue Strathcona Vancouver V6A 3T8
    Main Photo: SL15 1221 E 2ND Avenue, Vancouver - Strathcona

    SL15 1221 E 2ND Avenue Vancouver V6A 3T8 Strathcona

    $3,452,750
    Industrial
    Status:
    Active
    MLS® Num:
    C8065712
    Floor Area:
    3,946 sq. ft.
    FRAMEWORKS - Incredibly unique opportunity for an owner user or investor to purchase a ground level flex industrial unit at Frameworks, by Alliance Partners Development. The space features amazing views, high ceilings, and secured parking. Located at the corner of 1st Avenue and Clark Drive, the location is central to downtown as well as all the amenities of the False Creek Flats, Mt. Pleasant and Strathcona. Expected completion is Q3 2026. Contact agent for other units available. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • SL73 1221 E 2ND Avenue, Vancouver - Strathcona

    SL73 1221 E 2ND Avenue Strathcona Vancouver V6A 3T8
    Main Photo: SL73 1221 E 2ND Avenue, Vancouver - Strathcona

    SL73 1221 E 2ND Avenue Vancouver V6A 3T8 Strathcona

    $3,027,500
    Industrial, Office
    Status:
    Active
    MLS® Num:
    C8065714
    Floor Area:
    2,422 sq. ft.
    FRAMEWORKS - Incredibly unique opportunity for an owner user or investor to purchase a ground level flex industrial unit at Frameworks, by Alliance Partners Development. The space features amazing views, high ceilings, and secured parking. Located at the corner of 1st Avenue and Clark Drive, the location is central to downtown as well as all the amenities of the False Creek Flats, Mt. Pleasant and Strathcona. Expected completion is Q3 2026. Contact agent for other units available. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • SL38 1221 E 2ND Avenue, Vancouver - Strathcona

    SL38 1221 E 2ND Avenue Strathcona Vancouver V6A 3T8
    Main Photo: SL38 1221 E 2ND Avenue, Vancouver - Strathcona

    SL38 1221 E 2ND Avenue Vancouver V6A 3T8 Strathcona

    $1,213,625
    Industrial
    Status:
    Active
    MLS® Num:
    C8065717
    Floor Area:
    1,387 sq. ft.
    FRAMEWORKS - Incredibly unique opportunity for an owner user or investor to purchase a ground level flex industrial unit at Frameworks, by Alliance Partners Development. The space features amazing views, high ceilings, and secured parking. Located at the corner of 1st Avenue and Clark Drive, the location is central to downtown as well as all the amenities of the False Creek Flats, Mt. Pleasant and Strathcona. Expected completion is Q3 2026. Contact agent for other units available. More details
    Listed by Avison Young Commercial Real Estate Services, LP
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN
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Data was last updated January 22, 2025 at 06:10 AM (UTC)
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Commercial - BC Industrial properties for Sale

Industrial is defined as:

  • Light and heavy industrial production (e.g. cement manufacturing, food and beverage manufacturing, furniture manufacturing, metalwork and fabrication, sawmills)
  • Distribution (e.g. warehousing, industrial storage, freight trucking, intermodal couriers)
  • Repair (e.g. autobody shops, truck and trailer repair, consumer goods repair)
  • Construction materials and equipment (e.g. building supplies and specialty trade contractors, heavy equipment rental and leasing)
  • Infrastructure (e.g. public utilities such as wastewater treatment facilities and pumping stations, works yards, rail / port terminals)
  • Outdoor storage activities (e.g. container storage)
  • Wholesale (e.g. merchant and logistics wholesalers)

In Metro-Vancouver market there is a shortage of Industrial properties for sale. Land suitable for Industrial development is in high demand due a critical shortage. Those are due to steady population and economic growth, the constrained geography of the region, and  to land availability due to zoning, agricultural land regulations, and other constraints.

Across the region, municipal policies and bylaws vary in terms of what uses are permitted within industrial and employment zoning. For example, some municipal bylaws limit permitted uses to more traditional industrial activities, such as manufacturing, warehousing and distribution logistics, while others provide more flexibility to accommodate a range of uses, such as commercial, places of worship, and indoor recreation.

BC Commercial - Industrial Statistics

According to the release of the Statistics on September 15, 2022 by Commercial Edge, Lower Mainland’s Commercial Industrial market sees fewer transactions in the second quarter of 2022.

There were 93 industrial land sales in the Lower Mainland in Q2 2022, which is a 49.2 per cent decrease from the 183 sales in Q2 2021. The dollar value of industrial sales was $542 million in Q2 2022, a 12 per cent increase from $484 million in Q2 2021.

There were 712 industrial land sales in the Lower Mainland in 2021, which is a 36.9 per cent increase from the 520 sales in 2020. The dollar value of industrial sales was $2.39 billion in 2021, a 61.1 per cent increase from $1.48 billion in 2020.

Owned and operated by the Greater Vancouver Realtors® (GVR), the Commercial EDGE system includes all commercial real estate transactions in the Lower Mainland region of BC that have been registered with the Land Title and Survey Authority of British Columbia.
Commercial EDGE is updated monthly based on data originating from the BC Assessment Authority. Commercial EDGE does not include share sale transactions as they are not registered with the Land Title and Survey Authority of British Columbia. Please note that historical data may be subject to revision as transaction records are received from the Land Title and Survey Authority of British Columbia.