Broker Update June 2015 Nova Scotia Scotia
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- Meredith Eustacia Gregory
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1 Broker Update June 2015 Nova Scotia Scotia Nova office 5855 Spring Garden Road Suite A200, NS B3H 4S2 T F Moncton office 1234 Main Street Suite 301 Moncton, NB E1C 1H7 T F St. John's 9 Inglis Place St. John's, NL A1A 4L7 T F
2 June 2015 Retail 264 Herring Cove Road 10,512 SF LEASE Excellent office/warehouse opportunity in Spryfield Minutes to Rotary Affordable 5562 Sackville STREET 1583 Brunswick STREET Cambridge Suites 1,417 SF 6,252 SF LEASE $17.00 per sq. ft. (net) $9.86 per sq. ft. (additional) Brunswick Street: 6,252 sq. ft. Market Street: 1,1417 sq. ft. House 1595 Highway 315 HERRING COVE ROAD HALIFAX 1,114 SF SUBLEASE $16.70 NET $ 3.42 CAM Great local office location adam conter Waterfront Drive 1809 Barrington Street 1,500 SF 2,500 SF ± 9,000 SF SUBLEASE May be subdivided into smaller units Royal Bank Building 1597 Highway Cbre Team For Sale 14,375 SF LEASE $14.00 per sq. ft. (net) Entire third floor In the heart of 650 SF - 20,440 SF LEASE $10.00 per sq. ft. (net) Access to major highway Surface/underground parking 60% LEASED 2,000 SF 4,500 SF 6,000 SF LEASE $18.00-$20.00 per sq. ft. (net) Waterfront view Landlord turnkey 2,454 SF - 3,386 SF LEASE $10.00 per sq. ft. (net) Free surface/underground parking available
3 June 2015 Retail Sunnyside Mall 1595 Highway 500 SF - 29,000 SF LEASE spaces with great deal of natural light available on mezzanine level 236 Brownlow Avenue 130 Eileen Stubbs 2,100 SF SUBLEASE Furniture in place Competitive rental rates Signage opportunity facing busy highway 10 Payzant Avenue 277 Pleasant Street 1,494 SF 3,034 SF 2,084 SF 8,845 SF LEASE Adjacent to Hospital Suited to pharmacy, medical/ dental-related office 60 Dorey Avenue 111 Ilsley Avenue 1,470 SF 1,532 SF 2,421 SF LEASE $12.00 per sq. ft. High visibility, elevated site on high traffic corner Ample parking available 60 Dorey Avenue Cbre Team For Sale 3,121 SF 17,759 SF 18,429 SF Lease Highly visible from Burnside Drive Excellent single-level office 16,987 SF LEASE $12.00 per sq. ft. (net) Nice appointed offices/ warehouse space in place with leasehold Leased 13,440 SF LEASE $18.00 per. sq. ft. (net) Built to LEED standard High-end improvements Possibility to demise ± 5,000 SF LEASE $16.00 per sq. ft. (net) Possibility to demise Rear loading dock
4 June 2015 Retail 320 Wright Avenue 6,640 SF LEASE /warehouse Dock loading Exposure to Burnside Drive 87 Warwick street digby 46 Inglis Place Truro 80% LEASED 14,600 SF LEASE Only 3,400 SF remains Great downtown location Adjacent to Tim Hortons Street facing Free parking Adam Conter COMMERCIAL STREET NEW MINAS 2 Lawrence Street Amherst 5,046 SF LEASE Medical Space Can be subdivided Sébastien Duval Eddy Street Amherst 27,211 SF Lease Former Foodland Heart of downtown Call for details Adam Conter Cbre Team For Sale 15,332 SF LEASE Retail & Opportunity Pad site opportunity May be subdivided Ample parking SÉBASTIEN duval ,200 SF LEASE Retail & opportunity May be subdivided Ample parking sébastien duval
5 June 2015 Cbre Team For Sale Retail 70 Crane Lake Drive 10,000 SF lease $12.00 per sq. ft. Visibility from Chain Lake Drive Grade and dock level loading 19 clear ceiling height 81 Wright Avenue 6,777 SF LEASE $7.25 per sq. ft. High profile location anchored by Princess Auto Units can be combined Park Central 109 Ilsley Avenue 1,554 SF 7,546 SF 3,310 SF Lease Ideally suited for office and light industrial users 57 Wright Avenue 3,000 SF (sub-dividable) LEASE Major renovations completed End cap opportunity with dock loading High visibility 236 Brownlow Avenue 3,121 SF 17,759 SF 18,429 SF Lease Grade & dock loading bays 18 clear ceiling height 170 Joseph Zatzman Drive 1,900 SF 1,727 SF 3,657 SF 3,657 SF LEASE $6.50 per sq. ft. Highly visible location at busy intersection and good parking 320 Wright Avenue 6,640 SF LEASE /warehouse Dock loading Exposure to Burnside Drive 100 Ilsley Avenue 4,219 SF LEASE One of the most recognized properties in Burnside Park 14 and 18 ceiling heights Dock and grade loading
6 June 2015 Cbre Team For Sale Retail Ilsley Avenue 1,593 SF LEASE $8.00 per sq. ft. High visibility to Burnside Drive Flex industrial 7 Mellor Avenue 4,460 SF LEASE $11.00 per sq. ft. Exposure to Wright Avenue space with leasing potential Flex industrial 10 Payzant Avenue 16,987 SF LEASE $12.00 per sq. ft. (net) Nice appointed offices/ warehouse space in place with leasehold 121 Ilsley Avenue 2,108 SF 2,152 SF 4,218 SF 8,426 SF 8,578 SF Lease $7.75 per sq. ft. High visibility to Burnside Drive Flex industrial
7 June 2015 Retail Cbre Team For Sale Retail 70 Crane Lake Drive 10,000 SF lease $12.00 per sq. ft. Visibility from Chain Lake Drive Grade and dock level loading 19 clear ceiling height 1920 Brunswick Street 3,931 SF 4,392 SF Lease Excellent restaurant opportunity 20 ceiling heights New high-end apartment now open 117 Kearney Lake Road 1,513 SF 1,702 SF LEASE $18.00 per sq. ft. Strong neighbourhood centre Flexible incentive packages Mackeen Tower 2001 Brunswick Street 800 SF 875 SF 1140 SF LEASE Prime retail space on corner of Cogswell & Brunswick streets Across from the new Hampton Inn and Homewood Suites 5431 Doyle Street 1,114 SF 1,244 SF 2,718 SF LEASE Prime retail space just off Spring Garden Road Historic brick and beam motif Fully equipped restaurant space Scotia Tower 1991 Brunswick Street 662 SF 830 SF LEASE Prime retail space Directly across from the new apartment building on Brunswick Street Garrison Watch 5536 Sackville Street 1,800 SF - 9,400 SF LEASE $20.00-$24.00 per sq. ft. (net) High profile corner High pedestrian and vehicular traffic area 1960 Brunswick Street 1,000 SF - 5,810 SF Lease New Homewood Suites and Hampton Inn now open Prime retail space on the corner
8 June 2015 Retail Cbre Team For Sale Retail Plaza Tower 1881 Brunswick Street 6,300 SF LEASE Prime retail space on the corner of Duke and Brunswick streets Located directly across from the Metro Centre Prince Arthur St. Amherst 7,998 SF LEASE Retail space Ready for tenant Sébastien Duval Woodlawn Plaza 114 Woodlawn Road 1,906 SF - 7,400 SF LEASE High traffic retail strip Centrally located Mix of local, regional and national retailers Dellridge Plaza 65 Dellridge Lane 3 units leased 3 Units still available 11,359 SF LEASE $25.00 per sq. ft. 3 units available Brand new retail in fast growing area of Peter MacKenzie Wright Avenue 6,777 SF Lease High profile location anchored by Princess Auto Units can be combined 46 Inglis Place Truro 80% LEASED 14,600 SF LEASE Only 3,400 SF remains Great downtown location Adjacent to Tim Hortons Street facing Free parking Adam Conter Commons Retail Development 30,000 SF - 50,000 SF LEASE New development Custom construction Call for details Adam Conter Lake City Plaza Main Street Leased 1,400 SF - 2,500 SF LEASE High traffic area Very competitive lease rates
9 June 2015 For Sale Cbre Team For Sale Retail Dresden Row NEW ± 1,738 sq. ft. (combined) Sale $495,000 Ideal for a variety of commercial or retail uses with excellent exposure near Spring Garden Road 10 Payzant avenue 16,987 SF Sale $2,500,000 /warehouse building Secure exterior compound Available for sale or lease 148 chain lake DRIVe Bayer's lake 6,720 SF Sale $1,950,000 Class A suburban office building Tenant in place for 42% of premises 8 Moore road Burnside Park 41,903 SF Sale $2,800,000 Warehouse with roughly 5,000 SF of office space Features dock/grade loading Chris Carter Robie street ± 3,285 sf Sale $1,160,000 Three suite Apt. sale CAP Rate 6.45% Ideal location on Peninsula 28 Fielding Avenue Burnside Park 61,694 SF Sale $3,100,000 Well-located warehouse facility with mezzanine office space Price well below replacement cost Chris Carter Cornwallis St. 3,691 SF Sale $1,200,000 4-unit mixed use investment opportunity Renovated with new systems throughout Hole 9 Site Brunello Boulevard Timberlea 3.06 ACRES Sale $2,600,000 ($20,000 per twobedroom equivalent) 130 two-bedroom equivalents All services adjacent to the site
10 June 2015 For Sale Cbre Team For Sale Retail Brunello estates Commercial Lots Timberlea 5.75 Acres Sale $2,937,000 Potential for up to 4 lots Commercial or retail usage 413 Charlotte Street Sydney UNDER AGREEMENT 8,000 SF Sale Quick close opportunity Great downtown location Call for details Adam Conter Brunello estates Multi-Residential Timberlea ± 1.7 Acres Sale $1,225,000 ($17,500/unit) 70-unit multi-residential development site 2256 Gottingen street halifax UNDER AGREEMENT 52,177 sf Sale Unpriced offer Central location in Northend West Business Park 2-15 Acre Sites Sale Multiple commercial/office sites Adjacent to IBM/Amirix and new high school 90 Alderney drive dartmouth UNDER AGREEMENT 28,025 sf Sale Unpriced Call for details Sterling Mall 3 Sterling Road Glace Bay UNDER AGREEMENT 67,099 SF Sale $5,750,000 (9.6% cap) 99% occupied Long-term leases in place with Home Hardware, Dollarama, Medical Clinic and Pharmacy Chris Carter
11 Atlantic Canada Brokerage Chris Carter Associate Vice President Gary Mackenzie Senior Sales Associate Rob Coleman Associate Vice President Peter Mackenzie Vice President Global Corporate Services Adam Conter Senior Sales Associate Robert Mussett Senior Vice President Andrew Cranmer Sales Associate Ryan Schnare Sales Associate Sebastien duval Sales Associate Monique Stiles Sales Representative Jeremy Kaupp Associate Vice President Rebecca Todd Sales Representative Project Management Team Allan adams Senior Project Management - RBC allan.adams@cbre.com Ramona Caines Project Manager - RBC ramona.caines@cbre.com John Macdonald Director of Project Management john.macdonald2@cbre.com David Mitchell Facility Manager - RBC david.mitchell@cbre.com Belinda awalt Facility Manager - RBC belinda.awalt@cbre.com Elizabeth Smith Project Coordinator elizabeth.i.smith@cbre.com Facilities Management Team Marc Carter Facility Manager - RBC marc.carter@cbre.com Clifford Hudson Facility Manager - RBC clifford.hudson@cbre.com This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors ( CBRE ). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the Information ) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping source: Bing Maps.
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