8651 Eastlake Drive is a rare, 100% leased industrial property located on 4.5 acres in the Lake City Business Park in Burnaby, providing an exceptional multi-level investor opportunity, through secure existing income, substantial future income growth from increasing below market in-place rents, and repositioning upside through potential stratification. The Property is well-positioned to benefit from the unprecedented strength in the extremely tight North Burnaby industrial market.
CBRE NIT-Vancouver successfully delivered a tailored and bespoke marketing campaign, which resulted in CBRE securing a major global real estate trust as the Purchaser, at a price that exceeded value expectations.