[Guelph, Ontario – September 12, 2024]
A new 400,000 square foot industrial centre in Halifax is nearing completion and is leasing space ranging from 7,980 to 230,000 square feet.
Bayers Lake Industrial Centre, a new, state-of-the-art, Zero Carbon industrial build at 265 Julius Boulevard in west Halifax, is now leasing, with construction slated for completion in Q4 2024.
Skyline Industrial REIT, Bayers Lake Industrial Centre’s owner and manager, celebrated the development progress at a ribbon-cutting ceremony on September 12, 2024, with project partners CBRE Atlantic Canada, CIBC, Lindsay Construction, Secure Capital, East Port Properties, and Nicola Institutional Realty Advisors.
When complete, Bayers Lake Industrial Centre will be in compliance with the Canada Green Building Council (CaGBC) Zero Carbon Building Design Standard.
Low carbon energy building design has been a major focus of the centre’s construction. Bayer’s Lake Industrial Centre will feature a thermally efficient load-bearing tilt-up building system with increased roof insulation and vertical loading docks, a solar PV system, centralized in-floor heating, heat recovery ventilation, and provision for natural light into the warehouse space coupled with efficient sensor-controlled LED lighting.
The facility is located within one of Atlantic Canada’s largest business parks, immediately next door to several of Halifax’s fastest growing communities and close to the city’s container terminals with transportation links.
“Skyline Industrial REIT sees significant growth potential in the Halifax industrial real estate market and is proud to be delivering efficient, sustainable, first-class industrial space in a city that is integral to Canada’s global trade,” said Mike Bonneveld, President, Skyline Industrial REIT.
“I want to thank our project partners for their collective hard work and expertise on this development. Our Skyline Industrial REIT team values our strong partnership with each of you. We look forward to welcoming tenants to Bayer’s Lake Industrial Centre.”
“Bayers Lake Industrial Centre represents a milestone for warehouse design,” said David Ogden, Founding Partner, Secure Capital.
“The facility stands as a testament to what can be achieved when sustainability, efficiency, and resilience are at the forefront of the development process. With the Bayers Lake development, Halifax is one step closer to becoming a hub for these types of modern industrial spaces.”
For more information about leasing at Bayer’s Lake Industrial Centre, contact a Leasing Agent and download the broker package here.
Photo by Jeff Cooke/Cooked Photography
About Skyline Industrial REIT
Skyline Industrial REIT (the “REIT”) is a privately owned and managed portfolio of industrial properties, focused on acquiring warehousing and logistics-centred properties along major highway corridors and transportation routes in Canada.
Skyline Industrial REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth Management”), the preferred Exempt Market Dealer for the REIT. It is also available on Fundserv (Code: SKY2012).
Skyline Industrial REIT is committed to providing outstanding places to do business and superior service to its tenants, while surfacing value with a goal to deliver stable returns to its investors.
To learn more about Skyline Industrial REIT, please visit SkylineIndustrialREIT.ca.
To learn about additional alternative investment products offered through Skyline Wealth Management, please visit SkylineWealthManagement.ca.
Skyline Industrial REIT is operated and managed by Skyline Group of Companies.
For media inquiries, please contact:
Cindy BeverlyVice President, Marketing & Communications
Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
519.826.0439 x602
About Secure Capital
Secure Capital is a commercial real-estate advisor and developer focused on enhancing the environment and financial performance of industrial and multi-family buildings. By developing zero carbon buildings and converting existing industrial buildings to High Performance buildings, we are discovering new ways of operating, and dramatically changing the traditional landlord/tenant experience, enhancing NOI and reducing the carbon footprint of our portfolio.
The company is committed to enhancing property values by incorporating environmentally and socially responsible approaches to the development and repositioning of properties.
About Nicola Institutional Realty Advisors
Nicola Institutional Realty Advisors, a fully owned subsidiary of Nicola Wealth Management Ltd., provides real estate investment advisory, asset management, and transaction management services to Canadian pension funds, foreign investors, private investors and both public and private sector companies to assist them in achieving their investment and corporate real estate objectives.
For more information, please visit www.nicolawealth.com.
About Lindsay Construction
As an Atlantic Canadian owned organization with 65 years of local industry experience, Lindsay Construction is the leading building partner in the region. They deliver the full spectrum of construction services through a collaborative approach, seamlessly integrating with client teams. With extensive experience delivering Design-Build, Construction Management, and General Contracting Services across a wide range of projects and sectors, they are uniquely qualified to represent their clients’ best interests through partnerships that ensure consistent delivery of quality, service and value. They are deeply committed to the people and communities they help shape, ensuring each of their projects is a positive contribution.
For more information on the company, visit their website.