375 Potterton Road & 8826 Jim Bailey Crescent

Located in Kelowna’s North Kelowna Industrial Park, these two fully leased industrial properties total 266,600 sq. ft. across nearly 14 acres.

The stabilized portfolio is leased to a mix of local and national tenants, providing the purchaser with a secure income stream in a market where assets of this scale rarely come available. The properties are located in one of Kelowna’s fastest-growing industrial parks, with zoning that permits a wide range of industrial uses.

The sale was completed through a full receivership marketing process, ensuring broad market exposure and the best possible outcome. The campaign generated more than 50 signed confidentiality agreements, multiple bids across two rounds, and ultimately two competing unconditional offers, highlighting the depth of investor demand for well-located industrial assets.

This outcome was driven by strong local market knowledge paired with the national execution experience of our team. More broadly, it reflects a growing trend of investors targeting higher going-in yields and long-term growth opportunities outside of Metro Vancouver, with Interior markets continuing to attract increased capital attention.