Surrey's commercial real estate market is the largest in the Fraser Valley and one of the fastest-growing in Metro Vancouver. The city has over 1.1 million square feet of office space, 776,000 square feet of retail space, and 816,000 square feet of industrial space available. Key commercial corridors include King George Boulevard, Scott Road, and the 152nd Street industrial area near Guildford.
The King George Boulevard BRT (Bus Rapid Transit) project is expected to bring new commercial demand to the corridor when it launches in Q3 2026. Scott Road is another major opportunity — city planning documents show potential for 10,000-20,000 new jobs with a 3-7x expansion in commercial floor space over the next two decades.
South Surrey has the strongest office market, while Newton leads in retail space. Guildford and the Highway 1 corridor dominate industrial and warehouse demand. Cap rates for commercial properties in Surrey generally run higher than Vancouver, making the city attractive to investors looking for better returns. AG. Song works with English and Mandarin-speaking business owners to find retail units, office space, and investment properties across all Surrey commercial districts.