Industrial financing for warehouse and distribution property.
Industrial has been one of the strongest performing commercial asset classes in Canada. Low vacancy, sustained tenant demand and lenders who want the exposure.
That does not make every industrial deal easy. Specialized buildings, environmental history and single tenant concentration all complicate files that otherwise look straightforward.
Industrial properties we place across British Columbia.
- Warehouse and distribution facilities
- Light industrial and flex space
- Multi tenant industrial parks
- Owner occupied industrial premises
- Industrial land and development sites
Five things a lender weighs first.
Building specification.
Clear height, loading, bay depth, power and floor loading. These determine who else could lease the space if your tenant leaves.
Generic or specialized.
A standard warehouse has a deep tenant pool. A purpose built facility for one operation has almost none, and lenders price that difference.
Environmental.
Industrial sites carry contamination history risk. A Phase 1 environmental assessment is standard, and findings can drive further work.
Tenant and lease profile.
Covenant strength, term remaining and rollover, same as any income property.
Location.
Highway access, proximity to distribution corridors and labour availability.
Owner occupied industrial.
If you operate from the building, the lender underwrites your business alongside the real estate. Structures can differ meaningfully from investor financing, and there are sometimes better options than a conventional commercial mortgage for owner occupiers.
Industrial financing questions we hear most.
Where we finance this in British Columbia
Let's look at your building.
Send us the building details and the lease or operating situation. We will tell you what terms are realistic.