Cedar Coast is developing a two-building industrial strata project in the Vancouver suburb of Richmond, B.C.

The two buildings, which will each contain ground-floor warehouse space and a mezzanine, will be located at 9800 Van Horne Way and 9820 River Drive. They are slated to contain a total of 44 units spanning 242,452 square feet, Kevin Kassautzki, a principal of Avison Young, told Connect.

Kassautzki, fellow company principal Garth White and Bryn Cartwright, a local associate vice-president, are listing the strata units on behalf of Cedar Coast. All three brokers are based in Avison Young’s Vancouver office.

“In our opinion, this is the best-located industrial development in Richmond,” said Kassautzki.

The development site is situated one minute east of the River Rock Casino and Bridgeport rapid-transit station. In the Avison Young team’s view, Kassautzki added, the site offers unparalleled access to highways 99 and 91 and downtown Vancouver.

Cedar Coast is a Vancouver-based investment and development company with 40 active real estate projects in Canada and the U.S. The firm acquired the nine-acre site from private investor Pacific Bay Development in 2022 for approximately $60 million.

Langley, B.C.-based Orion will oversee construction, which will begin after Univar Canada’s lease of an existing building expires. Kassautzki said construction is slated to conclude in the first quarter of 2026.

Image: Courtesy of Cedar Coast