Greater Vancouver Submarket
Tilbury.
The LNG corridor and Delta's southeastern industrial spine.
Overview
The market in one read.
Tilbury anchors Delta's southeastern industrial corridor, with its character increasingly shaped by FortisBC's LNG terminal and the broader energy-adjacent development associated with it. The submarket combines large contiguous industrial parcels, direct Highway 99 access, and proximity to Roberts Bank and the BC Ferries Tsawwassen terminal. Tilbury supports heavy industrial, energy-adjacent operations, dry distribution, and bulk commodity handling, with land values reflecting the structural development optionality.
Market Snapshot
Key metrics for Tilbury.
- Lease Range
- $15 – $20 PSF net (general industrial)
- Vacancy
- Tight; large-format inventory absorbed quickly
- Clear Heights
- Modern stock 28 – 36 ft; legacy product variable
- Asset Mix
- Heavy industrial, energy-adjacent, large-format distribution, bulk
- Land Availability
- Constrained but more available than Annacis Island
Defining Characteristics
What makes Tilbury distinct.
- FortisBC LNG terminal anchors the corridor
- Energy-adjacent and bulk commodity tenant base
- Direct Highway 99 access (Massey Tunnel / future George Massey Crossing)
- Large contiguous industrial parcels available
- Proximity to Roberts Bank Superport
- Heavy industrial and bulk handling focus
Typical Tenant Base
Who occupies space here.
- Energy and LNG service operators
- Heavy manufacturing
- Bulk commodity handling and storage
- Large-format dry distribution
- Industrial fabrication and services
- Trans-shipment operators
Notable Industrial Areas
Where the industrial inventory clusters.
Tilbury Industrial Park
FortisBC LNG terminal corridor
River Road East
Riverbend industrial
Eastern Tilbury industrial frontage
Why I Work Tilbury
Direct submarket coverage.
Tilbury rewards brokers who understand the intersection of industrial, energy, and bulk handling. Samuel's industrial-only focus and direct knowledge of the energy-adjacent tenant base and LNG corridor dynamics make Tilbury engagements meaningfully better-served. NAI Commercial Vancouver's relationships with the major Tilbury landowners and developers provide access to opportunities that don't surface on listing platforms.
Tenants evaluating Tilbury should model future Highway 99 / George Massey Crossing impacts on commute and freight flow timing. Energy-adjacent operators should evaluate the LNG corridor positioning carefully — proximity is a tenant draw but also brings specific compliance and operational considerations. Land buyers should engage early; the largest remaining contiguous industrial parcels in Metro Vancouver are concentrated here.
Frequently Asked Questions
Tilbury industrial, answered.
How does the FortisBC LNG terminal affect Tilbury industrial real estate?
The Tilbury LNG terminal has been a significant driver of Tilbury industrial land values and tenant interest. Energy service operators, supporting industrial trades, and trans-shipment uses cluster around the terminal. The development optionality has supported strong land appreciation, and ongoing expansion plans continue to shape long-term outlook.
What's the difference between Tilbury and Annacis Island for heavy industrial?
Annacis Island offers established density, marine access, and the clustering effect of decades of heavy industrial operations. Tilbury offers larger contiguous parcels, direct Highway 99 access, LNG corridor positioning, and more development optionality. Marine-dependent tenants typically prefer Annacis; large-format, energy-adjacent, or growth-oriented tenants increasingly favour Tilbury.
Is large-format distribution space available in Tilbury?
Yes — Tilbury has more modern large-format distribution inventory than Annacis Island, with several Class A facilities concentrated in the Tilbury Industrial Park. The submarket combines heavy industrial character with dry distribution capacity, making it attractive for operators wanting larger contiguous footprints than Richmond or western submarkets can provide.
What's the lease rate range for Tilbury industrial space?
General industrial leases in Tilbury typically trade $15 to $20 PSF net depending on specifications. Specialty heavy industrial and energy-adjacent assets command premiums. Operating costs run $4 to $7 PSF. Land values for owner-user acquisition have appreciated meaningfully and continue to reflect the structural scarcity and development optionality.
