Construction now complete | Ready for Occupancy
for sale or lease
State-of-the-Art Industrial Units
2090, 2094 & 2096 Pier Mac Way, Kelowna, BC
Quail Ridge Business Centre is a brand new, state-of-the-art industrial project comprised of 3 buildings totalling 66,000 SF, with units ranging from 2,943 SF to 18,080 SF. With a focus on functionality, contemporary design and maximizing user operational utility, Quail Ridge Business Centre is a tier-1 industrial complex designed to facilitate and enhance your business.
66,000 SF across three buildings
units range from 2,943 SF to 18,080 SF
immediate occupancy
Highly accessible location minutes from the Kelowna Airport and the Trans-Canada Highway
Zoning: Airport Business Park (CD15IN)
Establish your business at a location that readily connects you to key points.
With immediate access to Highway 97 and Kelowna International Airport, Quail Ridge Business Centre provides optimal logistics and excellent transportation networks. Directly adjacent to Highway 97, the main transportation route running through the Okanagan Valley and connections to Highway 33, the Okanagan Connector, and the Trans-Canada Highway, your business will be connected to everywhere.
1 minute to highway 97
2 minutes to kelowna airport
15 minutes to downtown kelowna
34 minutes to vernon
8 minutes to highway 33
Construction Update
March 2024
February 2024
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September 2023
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April 2023
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Building features
Construction
Insulated concrete tilt-up panels, curtain wall glazing, and metal spandrel panels
Electrical
All units separately metered and have two electrical panels: (1) 100A, 347/600V 3ɸϕ 4W; and (2) 225A, 120/208V 3ɸϕ 4W, with a 600V - 120/208V 45kVa transformer
Loading
Grade level loading doors
Building A & C doors - 12’ W X 14’ H
Building B doors - 12’ W X 12’ H
Heavy duty asphalt paving in truck maneuvering areas
Fire Protection
ESFR sprinkler system with a 24’ height on single or double racking
Ceiling Height
24’ clear
Lighting
High efficiency LED
an IDEAL PLACE to position your business for success
Located at the north-end of Kelowna, Quail Ridge is a vibrant and well-established neighbourhood within a 5-minute drive to Kelowna International Airport, University of British Columbia Okanagan campus, restaurants, hotels and other amenities.
Kelowna is currently the fastest growing metropolitan area in Canada. The community continues to grow from the increasing demand of consumers from the University Campus nearby and the Kelowna International Airport. Quail Ridge also has bus services connecting it to the rest of Kelowna, making it an ideal place to live, work and thrive.
Statistics from The City of Kelowna
Total Population
133,579
Total households
53,900
median age
43.6
Average household income
$91,999
labour
68,060
Why owning your space is A smart business decision
Building Equity
Monthly payments directly contribute to equity as the principal is paid down.
Operational Cost Control
Ensure goal alignment with other owners and be a direct decision-maker regarding operational costs.
Improving Space
Money spent on an office you own increases value for your asset, not the landlord’s.
Lease Agreements
Lease agreements are inherently landlord favoured, allowing them to charge on costs that you would not incur as an owner.
Tax Breaks
Let tax efficiencies via depreciation, deduction of interest and other mortgage related expenses work in your favour.
Financial Risk
Eliminate annual rent and operating cost increases from landlords.
Commercial Condominium Prices
Prices have consistently increased year-over-year for the past decade.
Interest Rates & Lending Terms
Take advantage of historically low borrowing rates coupled with favorable terms for owner user groups.
Additional Benefits
Ownership provides many more financial options including renting to a third party or selling asset with the sale of a business. It also provides you as the owner with more control over building decisions and capital expenditures.
project team
CHIP Developments
Chip Pacific Developments was established on the foundation of producing user-oriented commercial real estate built on relationships, quality and a long-term vantage point.
The partners bring together construction, development and business operator knowledge to deliver a thoughtful user and investment focused product to the Okanagan industrial market. With a long runway ahead, Chip Pacific is dedicated to developing a legacy built on quality, precision and reliability.
BCL Construction Ltd.
BCL Construction is a full service, commercial design-build company with a track record of over 20 years in the construction industry. BCL’s top company goal is to deliver quality construction and end-to-end service via a cost effective approach. BCL Construction is built upon trust, quality and integrity for all stakeholders - clients, trades and partners.
Crete Capital
Crete Capital helps entrepreneurs and investors secure streamlined financing solutions for corporate growth and commercial real estate transactions, specializing in industrial strata. As debt capital market advisors, Crete Capital is a market leader in arranging advantageous terms and conditions to help companies thrive in a competitive business environment. With $1B+ in transaction experience, Crete Capital leverages the knowledge and experience within the agency to bring forth negotiation power and speed to close. The Principals have decades of experience facilitating capital for entrepreneurs in support of business growth, commercial real estate investments and M&A.
Colliers Canada
Colliers is a leading global real estate services and investment management company. With operations in 68 countries, our 15,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership team, owning approximately 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2019, corporate revenues were more than $3 billion ($3.5 billion including affiliates), with more than $33 billion of assets under management. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.
Register for more information
2090, 2094 & 2096 Pier Mac Way, Kelowna, BC
contact
Stephen Webber
Associate Vice President
Direct: +1 250 861 8104
Mobile: +1 604 970 9134
Stephen.Webber@colliers.com
