ONLY 5 Units REMAINING in Phase 1

now selling

State-of-the-art industrial strata units for sale

2090, 2094 & 2096 Pier Mac Way, Kelowna, BC

Quail Ridge Business Centre is a brand new, state-of-the-art industrial strata project comprised of 3 buildings totalling 66,000 SF, with 18 units ranging from 2,686 SF to 7,039 SF. With a focus on functionality, contemporary design and maximizing user operational utility, Quail Ridge Business Centre is a tier-1 industrial complex designed to facilitate and enhance your business.

66,000 SF across three buildings

18 units ranging 2,686 SF to 7,039 SF

Occupancy Q4 2022

Highly accessible location minutes from the Kelowna Airport and the Trans-Canada Highway

Zoning: Airport Business Park (CD15IN)

Establish your business at a location that readily connects you to key points.

With immediate access to Highway 97 and Kelowna International Airport, Quail Ridge Business Centre provides optimal logistics and excellent transportation networks. Directly adjacent to Highway 97, the main transportation route running through the Okanagan Valley and connections to Highway 33, the Okanagan Connector, and the Trans-Canada Highway, your business will be connected to everywhere.

1 minute to highway 97

2 minutes to kelowna airport

15 minutes to downtown kelowna

34 minutes to vernon

8 minutes to highway 33

State-of-the-art features

Construction

Insulated concrete tilt-up panels, curtain wall glazing, and metal spandrel panels

Electrical

All units separately metered and have two electrical panels: (1) 100A, 347/600V 3ɸ 4W; and (2) 225A, 120/208V 3ɸ 4W, with a 600V - 120/208V 45kVa transformer

Loading

Grade level loading doors
Building A & C doors - 12’ W X 14’ H
Building B doors - 12’ W X 12’ H

Heavy duty asphalt paving in truck maneuvering areas

Fire Protection

ESFR sprinkler system with a 24' height on single or double racking

Ceiling Height

24’ clear

Lighting

High efficiency LED

an IDEAL PLACE to position your business for success

Located at the north-end of Kelowna, Quail Ridge is a vibrant and well-established neighbourhood within a 5-minute drive to Kelowna International Airport, University of British Columbia Okanagan campus, restaurants, hotels and other amenities.

Kelowna is currently the fastest growing metropolitan area in Canada. The community continues to grow from the increasing demand of consumers from the University Campus nearby and the Kelowna International Airport. Quail Ridge also has bus services connecting it to the rest of Kelowna, making it an ideal place to live, work and thrive.

Statistics from The City of Kelowna

Total Population

133,579

Total households

53,900

median age

43.6

Average household income

$91,999

labour

68,060

Why owning your space is A smart business decision

Building Equity

Monthly payments directly contribute to equity as the principal is paid down.

Operational Cost Control

Ensure goal alignment with other owners and be a direct decision-maker regarding operational costs.

Improving Space

Money spent on an office you own increases value for your asset, not the landlord’s.

Lease Agreements

Lease agreements are inherently landlord favoured, allowing them to charge on costs that you would not incur as an owner.

Tax Breaks

Let tax efficiencies via depreciation, deduction of interest and other mortgage related expenses work in your favour.

Financial Risk

Eliminate annual rent and operating cost increases from landlords.

Commercial Condominium Prices

Prices have consistently increased year-over-year for the past decade.

Interest Rates & Lending Terms

Take advantage of historically low borrowing rates coupled with favorable terms for owner user groups.

Additional Benefits

Ownership provides many more financial options including renting to a third party or selling asset with the sale of a business. It also provides you as the owner with more control over building decisions and capital expenditures. ​

project team

CHIP Developments

Chip Pacific Developments was established on the foundation of producing user-oriented commercial real estate built on relationships, quality and a long-term vantage point.

The partners bring together construction, development and business operator knowledge to deliver a thoughtful user and investment focused product to the Okanagan industrial market. With a long runway ahead, Chip Pacific is dedicated to developing a legacy built on quality, precision and reliability.

chipdevelopments.com

BCL Construction Ltd.

BCL Construction is a full service, commercial design-build company with a track record of over 20 years in the construction industry. BCL’s top company goal is to deliver quality construction and end-to-end service via a cost effective approach. BCL Construction is built upon trust, quality and integrity for all stakeholders - clients, trades and partners.

bclconstruction.com

Crete Capital

Crete Capital helps entrepreneurs and investors secure streamlined financing solutions for corporate growth and commercial real estate transactions, specializing in industrial strata. As debt capital market advisors, Crete Capital is a market leader in arranging advantageous terms and conditions to help companies thrive in a competitive business environment. With $1B+ in transaction experience, Crete Capital leverages the knowledge and experience within the agency to bring forth negotiation power and speed to close. The Principals have decades of experience facilitating capital for entrepreneurs in support of business growth, commercial real estate investments and M&A.

cretecapital.com

Colliers Canada

Colliers is a leading global real estate services and investment management company. With operations in 68 countries, our 15,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership team, owning approximately 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2019, corporate revenues were more than $3 billion ($3.5 billion including affiliates), with more than $33 billion of assets under management. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn. ​

collierscanada.com

Register for more information

2090, 2094 & 2096 Pier Mac Way, Kelowna, BC

contact

Stephen Webber
Associate Vice President
Direct: +1 250 258 0258
Stephen.Webber@colliers.com