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Pacific Canada  + Industrial  | 
Photo of a strata office and light-industrial complex in south Vancouver.

Wesbild Completes Final Building at Marine Landing 

Wesbild and KingSett Capital have completed the second and final building at the Marine Landing strata office and industrial mixed-use development in south Vancouver.

According to the companies, the project is now Western Canada’s largest twin stacked industrial strata development.

Located at the intersection of Marine Drive and Manitoba Street, the two-building project at is now home to about 140 businesses moving into the newest structure, complementing the more than 100 businesses already operating in the first structure.

The 242-unit complex, which spans 8188 and 8250 Manitoba Street, provides flexible strata workspaces that range from 600 to 20,000 square feet. The lower four levels of each building are designated for light-industrial use, while the top two levels cater to office users. Prices for office spaces begin at $589,900, while industrial units start at $519,000.

Marine Landing has drawn strong interest from professionals in sectors such as medical, dental, legal, and accounting, thanks to a zoning change that permits a broader mix of office uses in an area historically reserved for industrial activity. Thus far, 42 of 118 units in Building B have been sold to 38 different buyers, according to Wesbild and Kingsett. Across the development, 40% of the office spaces and 63% of the industrial units have been sold.

“We are seeing some exciting sales activity despite a soft market,” said Lilian Arishenkoff, a senior vice- president at Wesbild. “What buyers have told us is that Marine Landing is appealing because the buildings are complete and ready to go. And our location – near the Skytrain, airport, downtown and Highway 99 – sets us apart.”

The buildings are situated near many retail and entertainment outlets, including movie theatres.

Christopher Gowing, principal at Mallen Gowing Berzins Architecture (MGBA), was the lead architect for the entire Marine Landing development. His firm recently acquired an 8,000-sf space in the complex, where the firm plans to relocate from its current lease in Mount Pleasant. MGBA joins a growing number of design and consulting firms that are collectively shaping the area into a hub of creative and professional activity.

The second building has also welcomed buyers like Jonathan Wong, owner of Marine Landing Notary Public, who recently secured more than 1,000 square feet in the new structure. His purchase is part of a growing trend among small business owners moving from rental to ownership as a long-term strategic investment.

Both 170,000-sf buildings feature industrial conveniences such as large freight elevators, eight-foot walkways, roll-up garage doors, and underground parking. Amenities include rooftop decks, barbecue areas, landscaped green spaces, a dog park, fitness centre, cycling facilities, and a variety of social and recreational spaces.

Pictured: The Marine Landing strata office and industrial buildings in south Vancouver.

Photo: Wesbild

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Lilian ArishenkoffWesbildWesbild

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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