Whiteland Developers’ sells out third phase of BrookPort Business Park
October 7, 2022 – WINNIPEG, MB – Phase III of BrookPort Business Park (“BrookPort”) is now fully sold out after 10 months on the market at CentrePort Canada (“CentrePort”). Phase III features 90 acres of shovel-ready, fully serviced land; bringing the total land under development at BrookPort to 260 acres.
The new $42-million industrial park is being developed by Whiteland Developers (“Whiteland”). At market launch, more than 80% of the 42 lots were pre-sold, with the remaining lots selling quickly. 17 companies have acquired lots within the park and are set to invest more than $75 million on construction. Companies who have purchased land in BrookPort include those within warehousing, distribution, cold storage, transportation and truck parts.
“Since bringing Phase I of BrookPort to market in the fall 2018, demand for fully-serviced industrial land has exceeded supply, with most lots selling before officially hitting the market,” said Satpal Sidhu, President, Whiteland Developers.
“We are excited to welcome more than a dozen new companies to BrookPort and are looking ahead to the development of the final phase of this park in the near future,” said Amrit Jhand, CEO, Whiteland Developers.
BrookPort Phases I and II, totaling 170 acres of fully-serviced industrial land, sold quickly. More than 25 companies are in active development with facilities now operational or under construction. Established operations include Merit Functional Foods and Nutrien.
“We are continuing to see incredible demand for fully-serviced industrial land in CentrePort,” said Diane Gray, President & CEO, CentrePort Canada Inc. “Since 2019, over $330 million in building permits have been issued for projects in the R.M. of Rosser lands at CentrePort and we anticipate this strong pace of growth to continue.”
CentrePort Canada is Manitoba’s 20,000-acre inland port and Foreign Trade Zone. Established in 2008, it is the largest trimodal inland port in North America, with over 2,000 acres in active development. Located in the heart of North America, CentrePort connects to major national and international trade gateways and corridors, and is the only inland port in Canada with direct access to trimodal transportation – truck, rail and air cargo. www.centreportcanada.ca
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CentrePort Canada Inc.
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