“Buying our own real estate after all these years gives us certainty over costs and our own assets.”
All over Western Canada, the cost of real estate in urban centres is soaring, while available light industrial land diminishes. Small and medium-sized businesses are left with fewer and fewer options for ownership.
PC Urban Properties Corp. recognized this, and in 2016 re-imagined what industrial strata could be. The first IntraUrban Business Park debuted near Vancouver’s Marine Gateway, selling out completely in four months. Now IntraUrban is launching in more strategically-located metro sites.
Is your business ready for IntraUrban?
It’s the perfect combination of location and design. IntraUrban Business Parks are thoughtfully situated near key transportation, infrastructure and regional hubs of density.
At these prime locations, best-in-class architects and designers create brand new space specifically designed for the needs of business. With flexible unit sizes and attractive pricing, property ownership is now accessible to more businesses.
If you are going to own your own business space, we think you should actually love it. Award-winning architectural teams consider not just what business needs now, but what it will need in the future:
- Range of unit sizes to accommodate varying business needs
- Wide bay doors for efficient loading
- Ceiling heights, column spacing and sprinkler systems designed for optimal racking and space utilization
- Efficient interior space and contemporary storefront for increased warehouse and office potential
- Contemporary signage opportunities
- Proven experienced development teams ensure that quality is delivered down to the final detail
Owning your own space is smart business. Building equity in your own assets instead of someone else’s just makes sense. But don’t take our word for it. Read what these smart, creative IntraUrban business owners have to say:
We've been looking to expand for more than a year, but most of the places we looked at in Vancouver were too small, too old or over-priced. IntraUrban is a good size, good location, good price and a good investment. After being in business almost ten years, we were finally able to make this happen. It’s a good opportunity in a market like Vancouver to own a property and give our business an asset.
Electronic Recycling Association
With such strong demand and low vacancy rates in Vancouver, there’s just not enough available space for businesses like ours that need warehousing and we weren’t comfortable knowing we didn’t have security when our leases came up for renewal. It was important for us to secure a space here because that’s where we have our biggest volume. IntraUrban Rivershore is the perfect location, the build to suit option allowed us to create the exact space we need to thrive and grow and to accommodate our growing fleet of trucks. And the proximity to highways and to downtown means we can serve our customers efficiently. It’s a more peaceful and productive space than we could have imagined, and we have great views of the river and mountains.
GBS Construction Managers Inc.
I’ve been in business for 10 years and almost all of that time, we have leased downtown. But with the increasing costs of renting, with triple net, property tax and our lease coming up next year, we decided to look for another option that was still in Vancouver that we could own. We found it at IntraUrban where we will have a small warehouse for our construction equipment and an office for our 14 employees. We are more than doubling our space and halving our costs. It’s a huge win and a good investment.
We are growing fast and have been looking to rent another building for a long time. But there was nothing available or suitable, so we started looking to buy. We are leasing our current space near Olympic Village where we have 28 local food businesses that rent food production facilities from us. We will keep those facilities, but we need to expand and we don’t want all the businesses we host to be at the whim of a landlord. Buying offers a permanent home for us and for them to maintain and grow their operations with certainty. In a market as hot as Vancouver, and with so little industrial space, it makes the most sense to buy.
As industry’s relationship with rapidly developing urban centres continues to evolve and create tension, higher-value developments come from higher-value thinking.
Success comes from seeing what others don’t.
The IntraUrban concept was an evolution that started with an idea – that functionally obsolete industrial space in strategic locations can be revitalized to create developments that give more small and medium sized businesses a chance to own property and control their destiny.
This re-imagining process is what sets PC Urban Properties Corp. apart as a developer, and is the key to bringing every property to its true purpose.