9388 North Fraser Crescent, Burnaby

Jones Lang LaSalle Real Estate Services, Inc. (“JLL” or the “Advisor”) is pleased to present a rare opportunity to acquire 9388 North Fraser Crescent, Burnaby (the “Property” or “Offering”), a state-of-the-art 79,652 square foot pharmaceutical grade industrial facility in one of Burnaby’s premier business areas, Glenlyon Business Park.

9388 North Fraser Crescent, Burnaby encompasses approximately 38,251 sf of warehousing area, 33,560 sf of high-technology production/lab area, and 7,841 sf of office and administration area. The Property is located at the end of North Fraser Crescent, a cul-de-sac road, and offers easy access from both Marine Way and Boundary Road. Ample parking and loading options are available on the Property with approximately 114 employee and guest parking stalls and 3 dock/2 grade loading doors servicing the warehouse area.

The Property was purpose-built for PNP Pharmaceuticals and developed in two phases, in 2012 and 2019 to meet the growing demand for production and warehouse area from the occupant. The state-of-the-art building operates as a full service facility for the tenant, encompassing the production, mixing, storage, and distribution of multiple product types and different forms of pharmaceutical grade products including powders, liquids, gels, and soft capsules. The facility uses a sophisticated air sterilization system in the production area that prevents cross contamination and enables the manufacturing of daily supplements, prescription products, over the counter (OTC) products, and nutraceuticals.