Multi-Tenant Industrial Building

The Property is 100% leased to two well known and established tenants: Upstream Data, and Strathcona Resources. Upstream Data accounts for 79% of GLA and has lease term until the end of 2035. They have just signed an expansion lease in 2026. Strathcona Resources is a publicly traded entity with a market capitalization of $9.5 Billion.

This premium industrial property features exceptional crane infrastructure, including two 20-ton, two 10-ton, and six 3.5-ton bridge cranes, alongside one 1-ton jib crane owned by the vendor. Currently operating with two tenants, the building offers outstanding multi-tenant flexibility with up to eight independent zones, each supported by separate gas, water, and electrical check meters. This heavy-duty facility provides significant chattel value and versatile demising options for future investors or occupants. The site coverage ratio is a very modest 15.5%.