Weir Inks Lease at Campbell Heights
R. Wales Canada has secured a 20-year lease at Campbell Heights North, where the speciality rubber-product manufacturer — a subsidiary of Weir Canada — will move into a 114k SF built-to-suit facility on a 5.8 acre site. Beedie Development Group president (industrial) Todd Yuen tells us his firm will begin building the structure next spring, with completion slated for 2017. “It’ll be a pure manufacturing facility” not often seen in Metro Vancouver, with cranes, and custom-configured doors and columns.
The facility is being developed in a JV with Surrey City Development Corp., which owns the land, part of its 245 acres of holdings (seen above) at Campbell Heights. This is the first JV for SCDC, its VP Doug Avis tells us. SCDC will provide the land and Beedie will provide the development expertise. Todd says he first spoke with Weir Canada in 2013 about a new facility for R. Wales, which is currently located in a 37k SF space in Richmond. Weir first looked at retro-fitting an existing facility elsewhere in Metro Vancouver, “but in the end circled back to a built-to-suit facility that was specially designed around their needs.”