- What A vacant lot in Abbotsford, B.C., has sold for $13.5m
- Why The site has easy access to hydro and other services
- What next The buyer, Infinity Properties, plans to build a business park on the site
Sofina Foods has sold a 5-acre property in Abbotsford, B.C., to Infinity Properties for $13.5m, Green Street News can reveal.
The vacant lot is at 31915 Marshall Road. Infinity plans to build a business park on the site. Marcus & Millichap had the marketing assignment.
The land offers roughly 4 acres of net usable area, with hydro running up to the property line and other services easily accessible.
Situated just meters from Clearbrook Road and Highway 1, the property offers quick access to Vancouver and the Fraser Valley.
It is also 3 km from Abbotsford International Airport and 7 km from the Abbotsford-Huntingdon border crossing.
With more than 170,000 residents, Abbotsford is about 55 km southeast of downtown Vancouver.
Infinity Properties is a Langley, B.C.-based developer of homes and commercial space. It’s building two mixed-use projects in the Fraser Valley, including the Rail District in Abbotsford and TheXchange in Langley.
