CentrePort Canada is a strategic partner of the MREA and given their commitment to working with REALTORS® to help grow and promote Manitoba’s economy, it is fitting that we share their year-end update with our members.
Over the past year, while companies were adjusting to the reality of operating in a Covid-19 world, CentrePort Canada continued its growth and remains a busy hub for industrial activity and investment.
At 20,000 acres, CentrePort Canada is North America’s largest tri-modal inland port, providing companies with excellent access to a variety of transportation options, fully-serviced industrial land and existing infrastructure that supports future growth.
The REALTOR® network has been an important component of the success currently seen at CentrePort Canada. With extensive knowledge of the local economy, the changing real estate landscape, and the benefits that can be realized for companies by investing in the community, REALTORS® are an important advocate for Manitoba as an investment location and a critical player in the industrial land sales and leasing process.
INDUSTRIAL PARKS UPDATE
In 2020, the inland port saw two new industrial parks brought to market: BrookPort Business Park Phase II, an 80 acre fully-serviced industrial development with lots for sale; and, Steele Business Park, a 17-acre industrial development which will have three multi-tenant buildings with space for lease. It is anticipated that additional land available for development will be brought to market in early 2021.
A great example of recent activity can be seen in Brookside Industrial Park West Phase III. Situated in the R.M. of Rosser at CentrePort Canada, this 100-acre industrial park was brought to market by Crystal Developers Ltd. in 2018, and is now home to 12 new companies that have recently opened their doors or are finalizing the build-out of their facilities.
Here’s a look at some of the new companies now located in Brookside Industrial Park West Phase III:
- Major Drilling: 29,000 SF office, warehouse and shop
- Groupe Touchette: 70,000 SF tire distribution facility
- RW Consumer Products: 30,000 SF distribution centre
- NJ Industries: 14,000 SF manufacturing facility
- Rosenau Transport: 71,000 SF transportation and warehouse facility
- National Research Council: $60 million advanced manufacturing program building
- Ipex: 28,000 SF distribution centre and office
- 49 North Lubricants: 10,000 SF office and shop
- Insituform: 7,000 SF office and shop
- Cosentino Surfaces: 20,000 SF showroom and distribution centre
- Medline Industries: 17,000 SF distribution centre
- Freightliner Manitoba: 78,000 SF warehouse, repair shop & office
Looking ahead to 2021, the inland port continues to draw interest from external markets. Awareness of Manitoba as a location for investment and development has increased over the last 12 months as companies look to stabilize their supply chains, minimize disruptions to their business and source both customers and suppliers from within their local market.
Strategically located at the hub of multiple trading corridors, CentrePort Canada is ideally situated to support these companies as they re-evaluate their supply chain and manufacturing activities. With existing transportation infrastructure in place, industrial land available for development and a special planning area in place to expedite approvals, CentrePort Canada is an ideal location for companies looking for North American locations.
For more information, please visit: www.centreportcanada.ca