New Westminster, BC Commercial Real Estate for Lease - 11 Listings

For Lease - Queen's Court

625 Agnes Street, Downtown New Westminster, New Westminster, BC
Property

Office

85,042 SF
Availability

4 Spaces

14,666 SF
Year Built

1981
For Lease Contact for pricing
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Shops at New West

800 Carnarvon St, Downtown New Westminster, New Westminster, BC
Property

Office

207,000 SF
Availability

3 Spaces

14,801 SF
For Lease Contact for pricing
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309 - 713 Columbia Street

309 - 713 Columbia St, Downtown New Westminster, New Westminster, BC
Property

Office

4,030 SF
Availability Contact for availability

For Lease Contact for pricing
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620 Royal Ave

620 Royal Ave, Downtown New Westminster, New Westminster, BC
Property

Office

44,150 SF
Availability

1 Space

4,113 SF
For Lease Contact for pricing
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810 Quayside Drive
ClubHouse Coworking
810 Quayside Drive #205, New Westminster, BC
Services

Virtual Office

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Ergonomic furniture

High-speed wifi

Mail services

Receptionist/Secretarial services

Snacks

Standing desks

Window view
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109 Braid Street

109 Braid Street, Sapperton, New Westminster, BC
Property

Industrial

689,528 SF
Availability

1 Space

18,970 SF
For Lease

$4.25/SF/YR
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SmartCentres Queensborough Landing

800 Boyd Street, Queensborough, New Westminster, BC
Property

Retail

415,940 SF
Availability

6 Spaces

29,200 SF
For Lease Contact for pricing
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Brewery District – Building 1

290 East Columbia Street, Brunette Creek, New Westminster, BC
Property

Office

265,000 SF
Availability

3 Spaces

9,533 SF
For Lease Contact for pricing
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610 Sixth

610 Sixth, Uptown New Westminster, New Westminster, BC
Property

Office

7,800 SF
Availability

1 Space

1,539 SF
For Lease Contact for pricing
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15-79 Braid Street

15-79 Braid Street, Sapperton, New Westminster, BC
Property

Industrial

188,056 SF
Availability

6 Spaces

41,205 SF
For Lease Contact for pricing
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611 Agnes Street

611 Agnes Street, Downtown New Westminster, New Westminster, BC
Property

Office

62,101 SF
Availability

1 Space

2,531 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The New Westminster commercial real estate market incorporates 718,872 square feet of office space across 9 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The New Westminster commercial real estate market includes 425,880 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the New Westminster market, there is a total of 877,584 square feet of industrial property.

The listing inventory in New Westminster incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in New Westminster is represented by Industrial space, which accounts for 60,175 square feet of available listings. Office space available in New Westminster adds up to 52,411 square feet.

Meanwhile, most of the listings of commercial property for sale in New Westminster are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in New Westminster, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in New Westminster is in the Downtown New Westminster neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown New Westminster area.

Meanwhile, retail space opportunities are most abundant in the Queensborough submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Sapperton.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

The average size of a commercial property in New Westminster depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In New Westminster, the average size of an office property is 79,875 square feet.
Retail properties here incorporate an average of 212,940 square feet.
Industrial space in New Westminster is in buildings that are, on average 438,792 square feet in size.

New Westminster, BC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in New Westminster currently add up to 141,786 square feet. The market offers 7 active office listing(s), which amount to 52,411 square feet and account for 58% of commercial spaces on the market. Local retail availability includes 29,200 square feet across 3 retail space(s). Industrial space for rent opportunities in New Westminster amount to 60,175 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	7	52,411
Retail	3	29,200
Industrial	2	60,175

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in New Westminster, BC. Currently, there is 86,379 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	2	43,749
Retail	1	9,940
Other	5	32,690

New Westminster, BC Commercial Real Estate for Lease - 11 Listings

For Lease - Queen's Court

Shops at New West

309 - 713 Columbia Street

620 Royal Ave

810 Quayside Drive

109 Braid Street

SmartCentres Queensborough Landing

Brewery District – Building 1

610 Sixth

15-79 Braid Street

611 Agnes Street

Frequently Asked Questions

New Westminster, BC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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New Westminster, BC Commercial Real Estate for Lease - 11 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in New Westminster, BC?

What factors affect the price of commercial real estate in New Westminster, BC?

What are the best areas for commercial real estate in New Westminster, BC?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in New Westminster, BC?

New Westminster, BC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us