DTZ Barnicke Winnipeg president Martin McGarry is eager to put up ‘For Sale’ signs on 100 acres of land that is part of phase three of Brookside Industrial Park West and CentrePort Canada.
McGarry, whose company specializes in commercial real estate and property management, said the 55 acres of property that were part of phase two sold out about six months ago.
Construction is underway on businesses in the second phase of the development. However, development of phase three is on hold until an agreement on sewer and water service is worked out between the RM of Rosser and City of Winnipeg.
Rosser reeve Frances Smee said discussions between the city and RM are continuing. Smee said the municipality is anxious for the next phase of the commercial development to begin.
"When we get the agreement in place, we’ll go forward," she said.
McGarry said large serviced lots in other parts of Brookside Industrial Park have sold quickly compared to other industrial property located in Winnipeg and surrounding areas.
"Shovel-ready land is very valuable," he said.
Making the property even more desirable is the fact it is located within CentrePort, a tri-modal inland port with easy access to rail, road and air transportation systems, which offers trade zone savings to foreign investors.
"No one else in Canada would have this type of designation," McGarry said.
Fort Garry Fire Trucks is one of seven companies currently building on land in phase two of Brookside Industrial Park West. Its new 50,000-sq. ft. building will allow the company to improve production of its custom-built vehicles, said president Rick Suche. The increased production wouldn’t be possible at the company’s current factory on Inkster Boulevard.
"To remain competitive, we need to create lean manufacturing," he said. "This is where our new facility comes in."
Located on the north side of Brookside Boulevard, the business park is gradually filling up with new businesses. The Rosedale Group, an international company that specializes in transportation, storage and distribution of flooring materials, opened the doors to its new 40,000-sq. ft. building last year after relocating from a leased space.
Regional manager Chris Lerm said the new location provides the company with room to grow and plenty of storage space. As more companies move into the area, he foresees the opportunity for additional business.
"There’s future potential to do business," he said.
C & T Rentals’ new 10,000-sq. ft. building is located down the road from the Rosedale Group. It is the equipment and tool rental company’s third location.
"We outgrew the two locations we had," said general manager Ed Dwyer, adding the new location gives the company room to expand its aerial lift inventory.
Dwyer said all the construction happening as part of CentrePort means many of those companies could eventually become his customers.
"You’ve got to be where the action is," he said.