Expanding Industrial Portfolio Hungerford Properties has recently acquired a 3.83-acre brownfield site in Langley, with plans to develop two multi-tenant light industrial buildings totaling approximately 103,000 square feet. This expansion into light industrial real estate indicates a growing focus on industrial space development, presenting opportunities to offer construction, leasing, and property management services tailored to industrial tenants.
Recognition in Multi-Family Sector The company received an award for excellence in the Multi-Family Town Home category for Hazelwood, highlighting its successful projects in residential multifamily development. This achievement can be leveraged to promote ongoing or future residential projects and attract investors interested in high-quality multi-family housing upgrades or new developments.
Strategic Partnerships Hungerford has formed key partnerships, such as with Filipino BC and Ntityix Development Corp, supporting commercial and residential projects on reserve lands. These collaborations suggest opportunities to connect with Indigenous and multicultural communities for joint ventures, development financing, and specialized project management services.
Community-Focused Developments With a mission centered on community building and creating legacy assets, Hungerford’s projects like Xchange Business Park and residential developments emphasize a focus on innovative, community-oriented spaces. This opens avenues to offer sustainable building solutions, creative design services, and community engagement strategies to enhance project appeal and social impact.
Market Expansion in BC Hungerford is actively expanding its presence in British Columbia, with multiple projects including office and industrial developments. There is a clear opportunity to provide regional construction, development consulting, or property management services to support their growth and capitalize on the regional real estate market's momentum.