Pure Industrial Acquisition of 9000 Portside Road Distribution Center

Deal value: $56,000,000

Acquisition of a 200,000 SF distribution center in Richmond, British Columbia, with 30-foot clear height, adjacent to the Port of Vancouver.

The core investment motivation is to secure a modern, large-scale distribution center strategically located adjacent to the Port of Vancouver, a critical logistics hub. This acquisition reflects a belief in sustained demand for high-quality industrial assets driven by e-commerce growth, supply chain resilience, and limited new supply in key Canadian markets. The timing capitalizes on strong fundamentals in the logistics sector and the increasing value of port-adjacent properties.