This offering presents a brand-new, purpose-built laboratory facility at 12771 No. 5 Road, Richmond, BC, with units ranging from approximately 850 to 21,000 square feet. Westcoast R&D Labs delivers a modern, research-focused environment with thoughtfully designed lab and office configurations, extensive natural light, and shared state-of-the-art meeting spaces. The building is designed to support advanced scientific operations with scalable layouts, making it an ideal environment for research-driven organizations seeking contemporary lab infrastructure and operational flexibility. Occupancy is anticipated in Q4 2026, with early hold-over options available. Located along No. 5 Road in Richmond, the property provides strategic access to Highway 99, Vancouver International Airport, and major Metro Vancouver hubs. Travel times include eight minutes to Highway 99 and approximately 20 minutes to the airport, with convenient access to nearby commercial amenities such as Ironwood Plaza. The site is positioned to serve tenants that require strong regional connectivity and access to skilled labour. The facility features modern architectural design with full-height glazing, skylights, and bright shared common areas. It offers Class 2 laboratory space (ASHRAE LVDL-4) with Class 4-capable infrastructure including ventilation, air circulation, and electrical backup power. Suites include lab-grade finishes, clean room and vestibule capabilities, emergency wash stations, chemical fume hoods, natural gas outlets, three-phase power, and defined office-lab separation. Shared conferencing facilities include multiple, large, fully equipped boardrooms, and units benefit from dedicated visitor and reserved parking