A multi-tenant streetfront commercial building known as Langley Business Plaza has sold. The property, at 20644 Fraser Highway, is leased to Pharmasave and a number of local businesses.
The 11,500 SF building was built in 1989 and is located on a 20,100 SF site and includes 23 surface parking stalls.
Sale details:
A 2-storey retail and apartment building on a 25 ft. lot on West 4th in Kits has sold. 1823-1825
West 4th Avenue had been listed for sale for $3,680,000, and sold for in December 2025.
The building has a rentable area of 3,912 SF and sits on a 2,784 SF lot (25 x 113).
The ground floor is leased to a local furniture store.
Sale details:
The 2026 assessment value is $3,488,000.
The property was listed and sold by Barb Burrows of Macdonald Commercial.
A single-tenant TD Bank property located at 3960 Francis Road in Richmond has sold.
Details:
A two-storey retail and office plaza at Burrard and West 3rd has sold. The site at 1855 Burrard Street is 12,311 SF and designated within the Broadway Plan for up to 20-storeys, 6.50 FSR.
The existing building is 9,756 SF and was built in 1988. Tenants include Waypoint Insurance and a Sushi restaurant. It includes 24 parking stalls.
Details of the sale:
The building was listed and sold by Avison Young: https://d3k1yame0apvip.cloudfront.net/v2/client-10/082c2f525f5d6da/BurrardSt1855_WEB.pdf
This property sold previously in 2015 for $15,000,000 and then re-traded in 2018 for $25,000,000.
OpenRoad Auto Group has submitted an application to the City of Surrey for a new auto mall in the Newton area of Surrey.
The site currently contains a large distribution warehouse and surface parking and loading areas. Significant portions of the site have been cleared but not yet developed. The site is located on 76 Avenue, two blocks West of King George Boulevard.
The plan for the site includes a new auto mall, including:
Full rezoning report: https://www.surrey.ca/sites/default/files/planning-reports/PLR_7925-0301-00.pdf