1150 Industrial Way, Parksville

Form Real Estate Advisors is pleased to announce the successful sale of 1550 Industrial Way in Parksville, BC (the “Subject Property”). Form represented the Vendor to facilitate the sale of it’s 100% freehold interest in the Subject Property. The Subject Property consists of a single-tenant office building secured on a long-term lease by a leading multi-national company in the forestry industry.

0.50 acre lot improved with a 10,000 square foot building constructed circa 2008 and occupied by a strong multi-national tenant, USNR/Kockums Cancar Company (“USNR”) on a long term NNN Lease that expires August 31, 2023

The building is improved with approximately 8,500 square feet of office space and 1,500 square feet of warehouse/storage area with a large grade door

Curtis Leonhardt

Vice President

Curtis Leonhardt has been involved in commercial real estate for more than eight years. Since joining Form, he’s focused on representing both buyers and sellers of income-producing retail assets and commercial land throughout B.C. – transacting in excess of $250 million in sales in the last five years. One of his areas of specialization is representing buyers and sellers in the purchase and sale of strong covenant freestanding buildings. In the last two years, Curtis has successfully transacted over a dozen single-tenant properties, including freestanding bank branches, large-format pharmacies and national restaurants in various regions, including the B.C. Interior, Lower Mainland, Northern B.C., Alberta and Vancouver Island.

Jon Buckley

Principal

Jon Buckley focuses exclusively on retail investment sales and has become one of the top investment brokers for retail related assets in British Columbia. With more than 10 years’ experience in commercial real estate, Jon has an intimate knowledge of the retail landscape in B.C, allowing him to work extensively with groups at both the private and institutional levels. Jon has brokered a multitude of investment transactions, including enclosed shopping centres, anchored strip malls and plazas, street-front retail properties, mixed-use development sites, single-tenant assets and hotels. Jon entered the industry as a financial analyst for a leading investment properties group, successfully underwriting more than $2.5 billion in total transaction volume during his first two years in the industry. Prior to co-founding Form Real Estate Advisors, he worked at a multinational commercial brokerage firm on a national investment team.