Real Estate Division

The EastWest Bioscience real estate division specializes in the acquisition of iconic and high-value real estate that contributes to the revitalization of surrounding communities and pushes new local business opportunities forward.

The company’s recent acquisition of a 31,000 sq ft building in Penticton, B.C., embodies the company’s vision to be the market leader in the industry.

The facility, referred to as the EastWest Bioscience Center of Excellence, is GMP-certified and has both a NHP manufacturing license and a Health Canada site license. The building itself provides an additional resource of net cash flow to the company as it comes with long-term tenants, among them the Sangsters distribution division.

The Penticton building has a storied history in the Canadian natural health foods and supplements industry. Originally built in 1961, it has been owned and occupied by some of Canada’s important natural health industry players including Planet Organic, Trophic Canada and Sangster’s Health Centers. Trophic Canada, one of Canada’s leading manufacturers of natural health supplements, was manufacturing supplements out of the facility when it was purchased by Planet Organic in 2007.

Currently, EastWest Bioscience’s real estate division is actively looking into other high-value real estate opportunities in the Penticton area and across Canada.