Current industrial
opportunities.

Industrial buildings rarely reach the open market in Greater Vancouver. Vacancy sits in the 1 to 3 percent range depending on submarket, long-hold private and family ownership dominates the inventory, and a meaningful share of sales complete off-market before any public listing exists. Buyers who rely on listing platforms alone see only part of what can actually be bought.

Most for-sale product falls into two categories: industrial strata units, roughly 2,000 to 15,000 square feet, concentrated in newer developments in Surrey, Langley, and Port Coquitlam; and freestanding buildings on their own land, which trade less often and draw deeper competition from owner-users and investors. Tenanted assets are priced on income (see industrial cap rates in Metro Vancouver), while vacant buildings frequently sell to owner-users at pricing investors won’t match.

For a full walkthrough of the buying process, including strata versus freehold, financing, environmental and zoning due diligence, and how off-market deals get done, read the buyer’s guide to warehouses for sale in Metro Vancouver, or start a conversation through investment sales. Leasing rather than buying? The lease vs. buy analysis covers the trade-offs, and tenant representation handles the search at no cost to the occupier.