Returning to Their Roots: How Moment Energy Found Room to Scale in Surrey 

Written by Rania Zadeh

June 30, 2026

Tenant Representation

As companies grow, their real estate needs often become more complex. For Moment Energy, that journey began in a home garage, where the founders built their first battery prototype while studying at SFU Surrey in 2019.

Today, the company operates a 60,000 square foot Megafactory 1 in Surrey. As the business evolved from a student startup into one of Canada’s leading battery energy storage companies, finding the right facility became about more than securing additional space. It meant creating room to support advanced manufacturing, a growing team, and the company’s next stage of growth.

Moment Energy repurposes retired electric vehicle batteries into battery energy storage systems that help store renewable energy and improve grid resilience.

Beyond a Typical Industrial Facility

Moment Energy designs and manufactures battery energy storage systems using repurposed electric vehicle batteries. Unlike a traditional industrial user, the company required a facility that could support engineering, battery testing, manufacturing, assembly, warehousing, and collaboration under one roof.

The building also needed the industrial infrastructure to support battery repurposing and production at scale, while providing flexibility for continued growth as the business expanded.

The scale of the new facility allows Moment Energy to bring engineering, manufacturing, testing, and operations together under one roof while creating capacity for future growth. Photo: Canada’s National Observer.

Finding the Right Fit

Floorspace broker Christopher O’Neill worked alongside the Moment Energy team throughout the leasing process, helping identify and evaluate facilities that aligned with both the company’s operational needs and long-term vision.

Rather than simply securing additional square footage, the goal was to find a facility that would support the company’s next phase of growth while bringing key parts of the business together in one purpose-built location.

Christopher O’Neill joined Moment Energy’s founders to celebrate the opening of the company’s new megafactory in Surrey.

The result was a new 60,000-square-foot Innovation Centre and manufacturing facility in Surrey, creating a foundation for continued innovation while expanding Moment Energy’s manufacturing capabilities.

A Return to Surrey

For Moment Energy, opening its new megafactory in Surrey marked more than a move into a larger facility. It was a return to the city where the company’s story began.

The founders first met while studying at SFU Surrey, where they built their first battery prototype in a nearby garage. Years later, the company has returned to the community where those early ideas took shape, this time with a purpose-built manufacturing facility designed to support its continued growth.

What started as a student project in Surrey has grown into one of Canada’s leading battery energy storage companies.

For Christopher O’Neill, helping a Surrey-founded company return to its roots made the project especially meaningful.

“Working with companies like Moment Energy feels like you’re contributing to something bigger. You’re helping create the conditions for innovation to happen.”

— Christopher O’Neill, Vice President

Supporting Surrey’s Innovation Economy

Moment Energy’s new Innovation Centre adds to Surrey’s growing ecosystem of advanced manufacturing and clean technology companies.

Moment Energy’s new facility represents more than a larger footprint. It reflects Surrey’s growing role as a hub for advanced manufacturing, clean technology, and innovation.

As businesses continue to scale, real estate becomes more than a place to operate. The right facility can enable new capabilities, support future growth, and create the conditions for innovation to thrive.

We’re proud to have supported Moment Energy on this milestone and look forward to seeing what comes next.

About the Author

Rania Zadeh

Rania Zadeh

Rania is the Research Analyst at Floorspace, where she supports the team with targeted research and market insights. She plays a key role in validating data, confirming rates and availabilities, and identifying trends that shape our perspective on the market. With a foundation in property management from Reliance Properties and experience at Avison Young and…

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