UBC is expanding its presence south of the Fraser River with the $70-million purchase of a property in Surrey. UBC Properties Trust has acquired a 135,000-square-foot property—currently home to the Grace Hanin Community Church—at the intersection of King George Boulevard and Fraser Highway. The site, which is located close to SkyTrain, Surrey Memorial Hospital and other community amenities, is anticipated to be a combination of residential and commercial space which will generate revenue to enable the construction of dedicated academic facilities.