FACILITIESPENDING

City Advances 62-Year Ground Lease With Prologis

The City Council directed staff to finalize a long-term ground lease with Prologis, L.P. for approximately 36.31 acres of City-owned land at 19526 – 24 Avenue. The lease is proposed for a term of 62 years and two months, based on an existing Letter of Intent and subject to statutory notice requirements.

Status
PENDING
Document date
July 27, 2026
Contract type
FACILITIES
Vendor
Prologis Lp
Agency
City of Surrey · Canada

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FACILITIES
Contract term
62 years and two months
Renewal
Initial lease term anticipated as 62 years and two months; no renewal or extension options are described in the minutes.
Document type
Minutes
Source document
City Council Minutes Proposed Long-Term Ground Lease of City-Owned Lands at 19526 – 24 Avenue 2026-07-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Surrey?

Prologis Lp was awarded this facilities contract by City of Surrey, as recorded on July 27, 2026.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City Council Minutes Proposed Long-Term Ground Lease of City-Owned Lands at 19526 – 24 Avenue 2026-07-27 (Minutes), dated July 27, 2026 from City of Surrey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Prologis Lp hold?

Prologis Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Prologis Lp's profile

What is City of Surrey currently buying?

Explore City of Surrey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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