Latest Construction Update for New Industrial Leasing on Beaver Lake Road

Opportunity to lease new, state of the art industrial space is within reach. The ± 60,675 sf industrial building with dock and grade loading located at 250 Beaver Lake Road is nearing completion. Construction is on schedule for delivery in May 2020. Windows and doors were installed this month, as well as all rooftop HVAC units. Construction work related to the loading area, parking lot and landscaping has commenced and will continue over the coming weeks.

Kelowna has experienced consistent growth over the last two decades, about two per cent annually, and is expected to keep growing over the next 20 years*. Supporting a growing community, larger industrial commercial property has become scarce over the last few years. This new industrial development in North Kelowna will be a welcome addition to the market in May 2020!

Construction, manufacturing, warehousing and transportationManufacturing is one of BC’s largest business sectors with a revenue of over $51 billion (2017), and 609 of these manufacturing firms are located in the Central Okanagan. The Okanagan has a diverse economy with the major sectors being agriculture, retail, manufacturing, forestry and construction. The growth of these sectors will ensure continued demand for industrial commercial properties. Callahan Property Group is well positioned to meet this demand.

Current Industrial Leasing Opportunities:

*Sources: Central Okanagan Economic Development Commission & Statistics Canada

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