10-Acre Parcel Sold at Iron Mask Industrial Park in Kamloops

Comet Industries Ltd., a company established in 1972 and incorporated in British Columbia, has announced another significant milestone at its Iron Mask Industrial Park (IMIP) in Kamloops, British Columbia. The 10-acre parcel, part of the 190-acre light industrial development, is now under contract in a proposed transaction valued at approximately $10.3 million. This transaction follows the previously announced $22-million sale of a 24.36-acre parcel, representing approximately 22 acres of usable land, and the sale of a 1.25-acre parcel. Growing interest in the industrial park highlights its appeal to businesses seeking serviced industrial land, strong transportation connections, and room to expand in Kamloops.

The proposed transaction marks another significant milestone for the 190-acre light industrial development and builds on the previously announced $22-million sale of a 24.36-acre parcel representing approximately 22-acres of usable land in addition to the sale of a 1.25-acre parcel. Growing interest in the industrial park reflects its appeal to businesses seeking serviced industrial land, strong transportation connections, and room to expand in Kamloops.

Strategically located within Kamloops’ city limits, IMIP offers convenient access to the Trans-Canada Highway (Highway 1) and Coquihalla Highway (Highway 5), connecting businesses to major transportation networks throughout British Columbia and beyond. The development is designed to accommodate a wide range of light industrial uses, with water, sewer, hydro, and natural gas services at lot lines, spacious road networks for commercial trucking, and flexible parcel configurations. The park also offers convenient access to downtown Kamloops, Kamloops Airport, and both CN and CP rail yards.

According to Blake Gozda, Senior Vice President, Industrial with Cushman & Wakefield, the development offers an attractive combination of location, infrastructure, and flexibility for businesses considering their next move.

Phase 1 of the development is approximately 60% sold out, indicating strong demand. Businesses interested in exploring opportunities at Iron Mask Industrial Park are encouraged to visit the park's website at www.ironmaskindustrialpark.ca or contact the sales team for information on current and future land availability. The park continues to position itself as an important part of Kamloops' future economic growth, with additional parcels available and options to combine lots to accommodate larger industrial operations.

TheNewswire - October 23, 2026, The release also notes that Comet Industries Ltd. holds and develops real estate properties in British Columbia, including land in Kamloops and Nelson Island. A major initiative of the company is the Iron Mask Industrial Park project. The park's development is part of a broader strategy to support long-term business growth and amplify new opportunities for companies to be part of Kamloops' future.