Real Estate Information and Market Trends| Real Estate Victoria BC

Sooke Real Estate On The Rise – Business Park Now Not Only In Victoria

New business park in Sooke now providing location option in cramped commercial real estate market. Business sites offer flexibility and rural setting close to fast-growing West Shore

A new business park in Sooke is giving companies in Southern Vancouver Island’s red-hot economy another location option in a rural setting close to the West Shore, one of the fastest-growing areas in B.C.

The Sooke Industrial Park (http://www.sookeindustrialpark.com/) is in Otter Point, seven minutes from the centre of Sooke, less than an hour from downtown Victoria and only 25 minutes from development friendly Langford.Victoria-based Three Point Properties has partnered with Island View Construction to develop the property, which will provide space for up to 70 businesses, with fully serviced (with water and septic) fenced lots and 24/7 security, starting at $195,000. People familiar with the area will remember the 47-acre parcel as the former location of the TimberWest log-sort lot.

“Business in the region is booming, and with industrial vacancy rates at an all-time low of 0.2 per cent in the Greater Victoria area, companies looking for industrial space in Victoria are finding it tough,” says project manager Joanne Bateson. “In addition to flexibility and a competitive price, this park offers a great location near a rapidly growing town and region. It’s unusual to find a business park in this kind of rural setting, yet so close to major population centres and with convenient access.”The two companies are predicting the demand will be high for the pre-sales and lease-to-own options they are offering for the site, and an open house on the site will be held the weekend of April 12 and 13, from 1:00 p.m. –4:00 p.m. While potential purchasers are expected from across Southern Vancouver Island, Bateson is hoping the site will capture the attention of local business owners who like the idea of a shorter commute to work each morning.

For more information people can log onto www.sookebusinesspark.comor contact Shayne Fedosenko of Pemberton Homes at 250-384-8124, or Tony Zarsadias of Burr Properties at 250-382-8838.

About Three Point Properties:

Three Point Properties is a comprehensive real-estate development company with capabilities that span the realms of planning and conceptualization, design, construction and sales. The scope of Three Point Properties ’signature’ developments range from the overhaul of large industrial sites to the restoration of heritage commercial buildings to residential developments of all sizes. The company strives for excellence in all its projects, regardless of size and is committed to quality, design excellence and respect for both the natural and social environment. The Three Point Property team encompasses decades of experience in the property development world, and is backed by an award-winning international portfolio.

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Cheers, Anders

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