CentrePort Canada is offering a new option for companies wanting to move into the inland port.
Companies can now lease industrial space, rather than construct their own building, as a build-to-lease building is taking shape on Davis Way in the Brookside Business Park. This 150-acre industrial park lies within the RM of Rosser and 24 companies have built, or are in the process of building, facilities in the park.
Business park owner Olexa Developments, of Calgary, is paying $4.8 million to construct the new building.
Shindico Realty Inc., sales and leasing agent for Brookside Industrial Park, is looking for renters for the 44,000-square foot building. Texas-based Goodman Global Group, a manufacturer of heating, ventilation and air conditioning products, has signed up to rent 12,000 square feet, and Shindico manager Robert Scaletta said he’s confident that other companies will follow.
He added that the nearby CentrePort Canada Way will soon open and the building’s location offers ready access to this and other major routes — a benefit for many distribution companies.
Rosser reeve Frances Smee welcomes the build-to-lease project.
"The speculative nature of this particular development clearly demonstrates the growing confidence of the marketplace for investment in the CentrePort area," she said, speaking to the fact the building is being constructed even before all the space is leased. "We share this confidence and are committed to working with our public partners and the development community in bringing these jobs and economic activity to our community."
The building is expected to be finished by January 2014.