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New Westminster market
Dock-loading warehouses, distribution and flex space

New Westminster Industrial Space for Lease

A market snapshot of New Westminster’s industrial sector — representative vacancy, lease-rate ranges, the key areas to focus your search, and a live listing map you can launch below.

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Market snapshot

New Westminster industrial at a glance.

Representative ranges for orientation only — not verified current data. Your Urban Team Inc. broker confirms live asking rates.

Current vacancy
~3.5%
representative overall industrial vacancy
Lease rate
$14 – $20 / sq ft
NNN, representative range
Absorption
Positive
central location, steady demand

Why New Westminster

Why New Westminster works for industrial.

From the core corridors to the emerging edges, here’s where New Westminster’s industrial market concentrates.

  • 1Queensborough and the Braid Street corridor carry a deep industrial base with rail and highway access.
  • 2Central SkyTrain-served location connects New Westminster to Vancouver, Burnaby and Surrey.
  • 3Industrial lease rates run below Vancouver and Burnaby.

Key areas — where New Westminster’s industrial market concentrates

  • Queensborough

    Industrial corridor on the Queensborough waterfront — warehouse and distribution product.

  • Braid Street

    Industrial and flex corridor near Braid SkyTrain.

  • Sapperton

    Mixed industrial and flex space near the Royal Columbian Hospital.

Live listings

New Westminster Industrial listings for lease.

Browse live New Westminster industrial commercial-for-lease listings below.

Other New Westminster asset classes

Explore the rest of the New Westminster market.