Article

Chilliwack 2.4-acre industrial site sells for $5.5 million

Est. Reading: 1 minute

Considered a record per-acre price for Chilliwack industrial, the site is zoned for service industrial on Progress Way.

Property: Industrial
Location: 44394 Progress Way, Chilliwack
Size of property: 6,700 square feet (2 buildings)
Size of land: 2.5 acres
Zoning: M-I Industrial
Sale price: $5.5 million
Date of sale: March 31, 2021
Brokerage: Klein Group – Royal LePage Westside, Vancouver
Broker: Dmytro Chernysh of Klein Group, Royal LePage Westside

As seen on www.westerninvestor.com

Summary
Asset Class
Industrial
Location
Chilliwack
Date
July 23, 2021
Author
Klein Commercial
Services
Acquisition & Disposition

Land Assembly Specialists

Alex Kwong

Alex Kwong


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BA

Amir Kamyab-Nejad

Amir Kamyab-Nejad


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B.Eng, MBA

Anthony Ibhahe

Anthony Ibhahe PREC*


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M.Eng

Bready Wu

Bready Wu


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Brian Oh

Brian Oh PREC*


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M.Eng

Dean Thomas

Dino (Dean) Thomas PREC*


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DEC

Dmytro Chernysh

Dmytro Chernysh PREC*


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DIBM, BSKin

Eugen Klein

Eugen Klein


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B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Josh Rosenberg

Josh Rosenberg


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Managing Broker

Michael Coulter

Michael Coulter


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Nahal Gamini

Nahal Gamini PREC*


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IIDA, IDC, NCIDQ

Olga Tarasenko

Olga Tarasenko


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B.Ling (BACHELOR OF LINGUISTICS), DIBM

Romie Babraa

Romie Babraa


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MBA, CSPO

Sunny Oberoi

Sunny Oberoi


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Land Assembly Specialists

Nahal Gamini

Nahal Gamini PREC*

IIDA, IDC, NCIDQ

604 684 8844 · 702
[email protected]
Nahal Gamini is an award-winning Interior Designer, with 17 years of experience in Development and Real Estate, bringing enthusiasm and expertise to each client that she represents. She offers each of her clients personalized service and expertise on location, space, and lease/purchase options and is a trusted resource in the…
Brian Oh

Brian Oh PREC*

M.Eng

604 684 8844 · 710
[email protected]
Brian Oh is a certified real estate agent representing homeowners, prospective homeowners, and commercial real estate investors in the Greater Vancouver region. Dedicated to fostering long-lasting relationships, Brian is recognized for his client-centric philosophy and analytical acumen in sourcing high-quality properties and/or buyers, and working alongside clients through each phase…
Olga Tarasenko

Olga Tarasenko

B.Ling (BACHELOR OF LINGUISTICS), DIBM

604 684 8844 · 705
[email protected]
“Set a goal so big that you can’t achieve, until you grow into the person who can” - this quote perfectly describes Olga’s nature and attitude to business. Born in Ukraine, Olga moved to Canada right after she got her Bachelors in Linguistics, becoming fluent in English and Japanese. Vancouver…
Sunny Oberoi

Sunny Oberoi

604 684 8844 • 721
[email protected]
As a young Commercial real estate professional, Sunny brings over 20 years of worth of experience to the Lower Mainland Real Estate Community. Striving to achieving his goals has always come naturally to Sunny as he was a competitive cyclist at the age of thirteen and later in his teens,…
Dean Thomas

Dino (Dean) Thomas PREC*

DEC

604 684 8844 · 706
[email protected]
For Dean Thomas, real estate investment grew from a curiosity in high school to a passion as he continued his studies while growing up in Quebec. From an early age he enthusiastically followed the progression of raw land from concept, to development, to final completion. An exceedingly successful negotiator, he…
Alex Kwong

Alex Kwong

BA

Focused Industrial

604 684 8844 · 723
[email protected]
Alex, a native of Vancouver, B.C., has a thriving career as a commercial real estate agent, with a particular focus on the industrial asset class. Embarking on his real estate journey in the residential sector while residing in Calgary, Alberta, Alex swiftly established himself. Over his initial two years, he…
Bready Wu

Bready Wu

604 684 8844 · 711
[email protected]
With many years of experience in the hospitality industry, this has given Bready a high level of understanding of how important it is to follow Platinum Rule: Always treat others the way they want to be treated. From growing up in a major city in China, completing education studies in…
Michael Coulter

Michael Coulter

604 684 8844 · 709
[email protected]
With a fresh perspective and an unwavering commitment to excellence, Michael Coulter is poised to make a significant impact in the industry. Michael brings a unique blend of enthusiasm, adaptability, and a hunger to succeed. Drawing from a diverse background, he approaches real estate with a fresh set of eyes,…
Dmytro Chernysh

Dmytro Chernysh PREC*

DIBM, BSKin

Focused Industrial

604 684 8844 · 704
[email protected]
Dmytro Chernysh joined Klein Group Royal LePage Commercial in 2018 and specializes in both investment sales and leasing of industrial properties and development sites throughout Greater Vancouver. Dmytro’s honest approach to advisory and service excellence has fast resulted in repeat assignments with loyal clientele. He currently represents over $175 million…
Anthony Ibhahe

Anthony Ibhahe PREC*

M.Eng

604 684 8844 · 719
[email protected]
Anthony graduated from the University of British Columbia with a Master of Engineering Degree in Chemical Engineering and Engineering Management. He is currently a CCIM Canadian Candidate Member. With over 14 + years of real estate experience, Anthony is a true believer in the “POWER OF KNOWLEDGE”, which is why…
Josh Rosenberg

Josh Rosenberg

Managing Broker

604 684 8844 · 716
[email protected]
Josh was born and raised in Vancouver, B.C. He grew up in Dunbar and attended several small private schools. Josh was a member of the first class to graduate from the prestigious West Point Grey Academy. From his mother, an award-winning author and Member of the Order of Canada, he…
Romie Babraa

Romie Babraa

MBA, CSPO

604 684 8844 ext 707
[email protected]
Romie Babraa has always had a curiosity for solving complex problems with focused and innovative solutions, which he uses to provide successful outcomes to his commercial real estate clients. His unique skillset and deep analytical experience allow him to gauge investment opportunities from multiple perspectives at once in order to…
Eugen Klein

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

604 684 8844 · 701
[email protected]
- Royal LePage National Chairman's Club (Top 1%) 2012 - 2019 - Royal LePage Award of Excellence 2014 - 2019 - Royal LePage Top 10% National Commercial Sales 2017, 2019 - #1 in Canada for Royal LePage Commercial in 2017 - Commercial REALTOR® 24 years - Mobile Home Park owner…
Amir Kamyab-Nejad

Amir Kamyab-Nejad

B.Eng, MBA

604 684 8844 · 712
[email protected]
With a profound reputation preceding him, Amir Kamyab-Nejad stands as an exemplar of intellectual prowess, strategic acumen, and visionary leadership. His multifaceted skill set is a testament to his exceptional abilities in guiding developer and investor clients through the intricacies of diverse markets since 2012. Hailing from Iran, Amir holds…
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