Description

Jones Lang Lasalle Real Estate Services, Inc. (“JLL”) is pleased to offer for sale a 100% freehold interest in 2261 Keating Cross Road, Central Saanich, British Columbia (the “Property” or “Gateway Tech Park”) – a centrally located suburban business park encompassing 180,575 square feet of building area and 577 on-site parking stalls.

Gateway Tech Park encompasses a modern two-storey flex office building on a sizeable 4.92-acre parcel at the east end of the Keating Business District. As the leading business park complex on the Saanich Peninsula, the Property has attracted and maintained a strong tenancy profile with secure on-site parking, large format floorplates, and unrivaled accessibility via the Pat Bay Highway.

Distinguished by its diverse and strong credit rated tenancy profile, the Property is anchored by Emergency Management BC, BC Emergency Health Services, PBC Solutions (Pacific Blue Cross), and AML Oceanographic, collectively occupying 64.3% of the rentable area. Furthermore, the business park’s flexible zoning has enabled convenience retail tenants and amenities including Anytime Fitness, Allegro Performing Arts Centre, and RockCoast Chocolates.

Located less than 20 minutes north of Downtown Victoria in the Keating Business District, the Property benefits from its proximity to the Victoria International Airport, BC Ferries Swartz Bay Terminal, and the Patricia Bay Highway. Accessibility to the highly amenitized area has recently increased with the completion of the $76.8 million Highway 17 Keating Cross Overpass Project, stimulating further economic growth and mitigating congestion in the node.

...