October listings dtz and lennard


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October listings dtz and lennard

  1. 1. LENNARD LISTINGS | OCTOBER 2011LENNARD | PERFORMANCELennard surpasses its year to date deal volume record!
  2. 2. LENNARD LISTINGS | LENNARD CONTACTS Downtown Toronto Office 150 York Street, Suite 1900 Toronto, Ontario, M5H 3S5 Phone: 416.366.3183 Fax: 416. 366.3186 Web: http://www.lennard.com Downtown Toronto Office Contact Extension Email Shawn Abramovitz, B.A., Vice President 271 shawn@lennard.com Andrew Baker, Broker of Record, Principal 229 abaker@lennard.com Jane Baldwin, Sales Representative, Vice President Retail Leasing & Investment Sales 262 jbaldwin@lennard.com Robert Cernobori, Broker 251 rcernobori@lennard.com Paul Cheevers, Broker, Vice President 228 pcheevers@lennard.com Chelsea Conway, Administrative Assistant 223 cconway@lennard.com William J Dempsey, Broker, Vice President 263 wdempsey@lennard.com Jeff Friedman, Sales Representative, Vice President 236 jfriedman@lennard.com Andrew Gallifent, Sales Representative 232 agallifent@lennard.com Tim Grant, Sales Representative 282 tgrant@lennard.com Jane Highton, Sales Representative 247 jhighton@lennard.com Dan Hunt, Broker, Principal 230 dhunt@lennard.com Shafin Jadavji, C.A., CBV, Vice President, Client Advisory Services 270 shafin@lennard.com Andrea Kraus, Sales Representative, Vice President 245 akraus@lennard.com Carolyn Laidley Arn, Sales Representative, Vice President 246 claidleyarn@lennard.com Fabienne Lette, Sales Representative 240 flette@lennard.com Monica Lightman, Administrative Assistant 272 mlightman@lennard.com Dean Macaskill, Sales Representative, Vice President 266 dmacaskill@lennard.com Holly Malyk, Director of Operations/Marketing 234 hmalyk@lennard.com Chris Marit, Sales Representative, Vice President 239 cmarit@lennard.com Tom McLeod, Broker 233 tmcleod@lennard.com Bob Miron, Senior Vice President 281 bmiron@lennard.com Brian Murphy, Sales Representative, Vice President 222 bmurphy@lennard.com Conrad Rodrigo, Sales Representative 260 crodrigo@lennard.com Jim Russell, Broker, Principal 227 jrussell@lennard.com Daniel Shlagbaum, Sales Representative, Vice President 280 dshlag@lennard.com Arthur Stern, C.A., Sales Representative, Vice President 277 astern@lennard.com Richard Turner, Broker, Principal 231 rturner@lennard.com Peter Whyte, Sales Representative, Vice President 238 pwhyte@lennard.com Becky Wiltshire, Administrative Assistant 224 bwiltshire@lennard.com Dalia Zahereddine, Administrative Assistant 221 dalia@lennard.com Note Statements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility. Page 2
  3. 3. LENNARD LISTINGS | LENNARD CONTACTS Mississauga Office 350 Burnhamthorpe Road West Suite 602 Mississauga, Ontario, L5B 3J1 Phone: 905.625.5020 Fax: 905.625.5024 Web: http://www.lennard.com Mississauga Office Contact Extension Email Joni Blanshard, Sales Representative, Vice President 231 jblanshard@lennard.com Joe Cianfarani, Sales Representative, Senior Vice President 261 jcianfarani@lennard.com Brian Lynett, Partner, Sales Representative 222 blynett@lennard.com Janice O’Reilly, Sales Representative 240 jmoreilly@lennard.com Jim O’Reilly, Partner, Sales Representative 230 joreilly@lennard.com Steve Peres, Sales Representative, Vice President 225 speres@lennard.com Adrian Ransome, Sales Representative, Vice President 237 aransome@lennard.com Alex Varvakis, Sales Representative 234 avarvakis@lennard.com Heather Vierkotten, Office Manager 224 hvierkotten@lennard.com WORK TO LIVE® Carolyn Laidley Arn in front of the White House during the 2011 CREW Network Convention in Washington, DC.NoteStatements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility. Page 3
  4. 4. LENNARD LISTINGS | OCTOBER 2011 Downtown Toronto Office Address Page Headlease 20 Adelaide Street East – NEW! 7 220 Adelaide Street West 7 326 Adelaide Street West 7 1543 Bloor Street West (2333 Dundas St., W) 7 235 Carlaw Avenue 8 181/183 Carlaw Avenue 8 19 Duncan Street 8 30-34 Duncan Street 8 160 Eglinton Avenue East 9 144-146 Front Street West – NEW SPACE ADDED! 9 133 Richmond Street West 9 174 Spadina Avenue 9 69 Yonge Street 10 129 Yorkville Avenue 10 Sublease 120 Adelaide Street West 11 49 Bathurst Street 11 10 Bay Street – BACK ON THE MARKET! 11 200 Bay Street 11 357 Bay Street 12 357 Bay Street 12 360 Bay Street – NEW! 12 33-35 Fraser Avenue 12 8 King Street East – NEW! 13 130 King Street West 13 662 King Street West 13 1 Yonge Street – NEW! 13 Page 4
  5. 5. LENNARD LISTINGS | OCTOBER 2011 Downtown Toronto Office Address Page Retail College Park Plaza III – LEASED! 14 Five – 5 St. Josephs 14 360 Yonge Street 14 Parkwoods Village 14 100 Yorkville Avenue – LEASED! 15 Sale 587 Avenue Road 16 49 Conestoga College Boulevard – SOLD! 16 7714 Yonge Street – SOLD! 16 Page 5
  6. 6. LENNARD LISTINGS | SEPTEMBER 2011 Mississauga Office Address Page Headlease 5700 Explorer Drive – FEATURED LISTINGS 17 5450 Explorer Drive – FEATURED LISTINGS 18 56 Aberfoyle Crescent 19 2640 Bristol Circle 19 420 Britannia Road East 19 5400 Explorer Drive – POTENTIAL NEW DEVELOPMENT SITE 19 5450 Explorer Drive 20 5700 Explorer Drive 20 10 Kingsbridge Garden Circle 20 1515 Matheson Boulevard 20 2110-2120 Matheson Boulevard East 21 2680 Matheson Boulevard East 21 2700 Matheson Boulevard East 21 1087 Meyerside Drive 21 5025 & 5045 Orbitor Drive 22 170 Robert Speck Parkway 22 2585-2605 Skymark Avenue 22 2800 Skymark Avenue 22 5285 Solar Drive 23 2345 Stanfield Road 23 Sublease 2345 Argentia Road – NEW! 24 2150 Islington Avenue – NEW! 24 2680 Skymark Avenue 24 2800 Skymark Ave – NEW! 24Page 6
  7. 7. LENNARD LISTINGS | OCTOBER 2011 NEW LEASE LEASE 20 Adelaide Street E 220 Adelaide Street W Location Location At Victoria Street just east of Yonge Just west of University Avenue Street Space Available Space Available 1st Floor: 4,000 SF Suite 915: 2,760 SF 2nd Floor: 4,000 SF Suite 1101: 2,150 SF Total: 8,000 SF Net Rent Semi-Gross Rent $22.00 PSF/YR $45.00 PSF/YR + hydro (separately metered) Additional Rent $20.00 PSF/YR Term Comments Comments Open •Upcoming vacancies…building Gross Rent •Landlord will renovate for has been fully leased for over $42.00 PSF/YR strong covenant a year! •Stand alone building with •Great building in downtown Available signage and roof top patio core Suite 915: February 1, 2012 potential •Suite have improvements in Suite 1101: January 1, 2012 •Extremely close to the place financial core •Asset manager in building Term Flexible PHOTOS ARE RENDERINGS ONLY Call 416.366.3183 Commission Call 416.366.3183 Commission Carolyn Laidley Arn (x246) $1.00 PSF/YR* Paul Cheevers (x228) $1.00 PSF/YR* Andrew Gallifant (x232) LEASE LEASE 326 Adelaide Street W 1543 Bloor Street (2333 Dundas Street W) Location Location In the heart of the Entertainment Bloor Street & Dundas Street District Space Available Space Available Suite 303: 1,095 SF Suite 600: 3,047 RSF Suite 307: 927 SF Suite 402: 478 SF Net Rent Suite 408: 552 SF $11.75 PSF/YR Suite 501: 1,179 SF Suite 504: 1,060 SF Additional Rent Suite 505: 585 SF $10.25 PSF/YR + hydro (separately metered) Net Rent $5.00 PSF/YR Gross Rent Comments Comments $22.00 PSF/YR • Good views and great Additional Rent • Lobby renovations underway ASAP natural light $12.00 PSF/YR Term • Building well suited for • Suite 600: private offices, 5 Years medical or non-profit use Gross Rent boardroom, open area • Very secure building • Dundas Street W subway at $17.00 PSF/YR Availability the door step • Great natural light Immediate • Parking is available Term • Onsite property management • Recent renovations completed • Landlord will “turnkey” 3 – 10 years including new elevator, roof, • Recently completed air conditioning units and common area Availability washrooms improvements Immediate Call 416.366.3183 Commission Call 416.366.3183 Commission Paul Cheevers (x228) $1.00 PSF/YR* Andrew Gallifent (x232) $1.00 PSF/YR* Paul Cheevers (x228) *Subject to our exclusive listing agreement Page 7
  8. 8. LENNARD LISTINGS | OCTOBER 2011 LEASE LEASE 235 Carlaw Avenue–The Wrigley Building 181/183 Carlaw Avenue Location Location Carlaw Avenue & Queen Street E Carlaw Avenue & Queen Street E Space Available Building Description Ground Floor: 7,410 SF* Brick & beam with unique architecture 2nd Floor: 2,300 SF 3rd Floor: 21,700 SF (Contiguous) 4th Floor: 2,645 SF** Space Available 4th Floor: 1,600 SF** Lower Level: 5,316 SF 4th Floor: 2,400 SF** Main Floor: 9,948 SF* *adjacent space can be made available for Comments Main Floor: 4,578 SF* (warehouse) approx. 10,000 SF • Central Carlaw area at Main Floor: 8,556 SF **can be combined to 6,645 SF Queen St E 2nd Floor: 2,800 SF • Many options to choose *Can be combined to 19,842 SF Semi Gross Rent Utilities from $21.00 PSF/YR $1.50 PSF/YR • Surface parking available Gross Rent Comments • Distinctive architectural $22.00 PSF/YR • Central Carlaw area at Ground Floor Semi features Gross Rent Utilities • 13 foot ceilings Utilities Queen St E $26.00 PSF/YR $1.50 PSF/YR $2.00 PSF/YR • Surface parking available • Distinctive architectural features • 14’ foot ceilings • Window replacement program underway • Windows have operable vents Call 416.366.3183 Commission Call 416.366.3183 Commission Carolyn Laidley Arn (x246) $1.00 PSF/YR* Carolyn Laidley Arn (x246) $1.00 PSF/YR* Jim Russell (x227) Jim Russell (x227) LEASE LEASE 19 Duncan Street 30 – 34 Duncan Street Location Location Fronting on the east side of Duncan Duncan Street just south of Richmond Street just south of Adelaide Street Street W Space Available Space Available Suite 503: 2,000 SF Suite 301: 4,116 SF Suite 400: 8,231 SF Suite 500: 8,234 SF Net Rent Suite 701: 4,131 SF $17.50 PSF/YR Net Rent Taxes and Operating Costs $20.00 PSF/YR + hydro $10.94 PSF/YR Taxes and Operating Costs Comments Term Comments $8.77 PSF/YR • Class “C” brick and beam 3 to 5 years • Original 1926 Art Deco office building Brick and Beam Term • Great Downtown West Availability construction 5 years location 30 Days • In the heart of the • Many amenities in area Entertainment District Availability • Great bicycle storage on site • Lots of amenities in area Suites are vacant but renovations required in all vacancies Suite 701 is underway! Call 416.366.3183 Commission Call 416.366.3183 Commission Andrea Kraus (x245) $1.00 PSF/YR* Andrea Kraus (x245) $1.00 PSF/YR* *Subject to our exclusive listing agreement Page 8
  9. 9. LENNARD LISTINGS | OCTOBER 2011 LEASE LEASE 160 Eglinton Avenue E 144 – 146 Front Street W Location Location North side of Eglinton Avenue just east University Avenue and Front Street of Yonge Street Space Available Space Available East Side - Suite 710: 2,209 SF Suite 402: 1,957 SF Suite 600: 2,465 SF* Net Rent Suite 605: 1,211 SF* East: $20.00 PSF/YR *contiguous to 3,676 SF Additional Rent (2011) Net Rent $15.54 PSF/YR $13.00 PSF/YR Suite Comments • Suite 710: base building Available Additional Rent (2010) condition Immediate $16.00 PSF/YR includes hydro & janitorial Comments • Steps from Union Station Gross Rent • Walking distance to ACC $29.00 PSF/YR and Convention Centre Comments • Attractive boutique office Term building 5 - 10 years • Strong management • Excellent parking Availability Immediate Call 416.366.3183 Commission Call 416.366.3183 Commission Paul Cheevers (x228) $1.00 PSF/YR* Peter Whyte (x238) $1.00 PSF/YR* Andrew Gallifent (x232) LEASE LEASE 133 Richmond Street W 174 Spadina Avenue (at Queen Street W) Location Location Richmond Street and York Street Steps from Queen Street W Space Available Space Available Suite 302: 1,173 SF Suite 101a: 2,068 SF* Suite 101b: 1,426 SF* Net Rent *Contiguous 3,494 SF Negotiable Semi Gross Rent Additional Rent (2011) $32.00 PSF/YR (includes hydro) $15.80 PSF/YR Term Term 5 – 10 years 5 years Available Available Immediate Comments Immediate • Close to St. Andrew & Osgoode subway stations Comments • Close to restaurants and • Superior natural light – 13 • Very secure building entertainment large southern exposure • Storage space available • 24 hour tenant access card windows that open • Excellent office or “low • Access to PATH across the • Wood floors and 11’6” traffic” showroom space street ceiling height • Excellent on site property management Call 416.366.3183 Commission Call 416.366.3183 Commission Rob Cernobori (x251) $1.00 PSF/YR* Paul Cheevers (x228) $1.00 PSF/YR* Andrew Gallifent (x232) *Subject to our exclusive listing agreement Page 9
  10. 10. LENNARD LISTINGS | OCTOBER 2011 LEASE LEASE 69 Yonge Street 129 Yorkville Avenue Location Location Yonge Street & King Street W South side of Yorkville Avenue, just east of Avenue Road Space Available Suite 305: 2,230 SF (raw space)* Space Available Suite 1020: 467 SF Suite 200: 3,667 SF Net Rent Net Rent Suite 305: $19.00 PSF/YR $20.00 PSF/YR Suite 1020: $17.00 PSF/YR *Includes T.I. Additional Rent Comments $18.87 PSF/YR Additional Rent (2011) • Across from the Hazelton $20.16 PSF/YR Gross Hotel and beside the Four Seasons Hotel $38.87 PSF/YR Comments Term • Close to Museum and Bay • Newly modernized lobby, 5 year or 10 year Term Street subway stations elevator cabs and common • Covered parking adjacent to 5 year or 10 year corridor building • Renovated front exterior • 24 hour tenant access card façade • Full floor opportunity; • Security guard in lobby from currently converting to raw 7:30 am to 11:30 pm space • Building owned and managed • Boutique office building in the by H&R Developments heart of Yorkville • Ideal for office or medical use Call 416.366.3183 Commission Call 416.366.3183 Commission Peter Whyte (x238) $1.00 PSF/YR* Rob Cernobori (x238) $1.00 PSF/YR* Andrea Kraus (x245) Andrea Kraus (x245) *Subject to our exclusive listing agreement Page 10
  11. 11. LENNARD LISTINGS | OCTOBER 2011 SUBLEASE SUBLEASE 120 Adelaide Street W 49 Bathurst Street, 4th Floor Penthouse Location Location York Street and Adelaide Street REDUCED Downtown West King Street and NET RATE Bathurst Street Space Available 8th Floor: 6,517 SF Space Available 4th Floor: 5,750 RSF – FULL FLOOR Gross Rent $15.00 PSF/YR - Bring us an offer!! Net Rent Speak with Listing Agent Term December 31st, 2011 Additional Rent (2011) $8.30 PSF/YR + hydro Availability Immediate Term Sublease to May 30th, 2012 Comments Landlord willing to extend or do a • WOW-award winning direct deal designers space in boutique Comments Availability brick and beam building • High quality existing 60 Days • Tons of character: gorgeous leaseholds in place • West facing BUILT & READY wood floors, columns, high BUILT & READY TO GO! ceilings, space is drenched Comments TO GO! • Space is divisible with natural light, windows • Large reception, up to 12 offices, • 18 private offices, 2 large on 4 sides meeting room, boardroom, kitchen, meeting rooms, reception • Server room with exhaust open area, private washrooms and kitchen fan • Security system can be assumed Call 416.366.3183 Commission Call 416.366.3183 Commission $1.00 PSF/YR plus $1.00 PSF/YR $1.00 PSF Flat Rate for Sublease Richard Turner (x231) Carolyn Laidley Arn (x246) bonus to selling agent* Term* Jim Russell (x227) SUBLEASE SUBLEASE 10 Bay Street 200 Bay Street – North Tower Location Location Lakeshore & Bay Bay Street and Wellington Street W Space Available Space Available 8th Floor: 5,108 SF Suite 2020: 1,294 SF Also divisible to 2,744 SF or 2,364 SF Net Rent Negotiable Net Rent TBD Additional Rent $33.25 PSF/YR Additional $22.46 PSF/YR Term February 28th, 2013 Comments Term •High end improvements To May 31st, 2014 Availability •Divisible to 2 suites- 2 reception Comments 30-60 Days areas already in place Availability • Spectacular improvements •Competitive rates Immediate • Great southeast views •Elevator exposure • Wall mounted fish tank in •10 private offices on glass boardroom •Meeting rooms and kitchen BUILT & READY • Full kitchen •Furniture available for use • Space built out with 1 TO GO! •Furniture negotiable office, reception, boardroom, kitchen and open area Call 416.366.3183 Call 416.366.3183 BONUS COMMISSION BONUS COMMISSION $3.00 PSF Flat Fee* William J. Dempsey (x263) William J. Dempsey (x263) $5.00 PSF ON 3 YEAR TERM* Chris Marit (x239) Chris Marit (x239)*Subject to our exclusive sublisting agreementPage 11
  12. 12. LENNARD LISTINGS | OCTOBER 2011 SUBLEASE SUBLEASE 357 Bay Street 357 Bay Street Location Location Northeast corner of Bay & Northeast corner of Bay & Temperance Temperance Space Available Space Available 5,036 SF 3,544 SF Net Rent Net Rent Years 1-4.5: $20.50 PSF/YR Negotiable Years 5-10: $22.00 PSF/YR TMI TMI $21.74 PSF/YR $20.67 PSF/YR Term Comments Term Comments To November 30th, 2012 • Space built out with 10 9.5 Years • Space built out with 2 offices, offices, boardroom, reception November 30th, 2020 large boardroom, reception Availability (double door off elevators), (double door off elevators), 30-60 Days kitchen, storage room and Availability kitchen, storage room, private open area Immediate washroom, and open area • Plug and play short term • Plug and play short term sublease sublease • Furniture may be available • Furniture may be available • Steps to all amenities in the • Steps to all amenities in the PATH PATH • Lots of natural light • Lots of natural light Call 416.366.3183 Call 416.366.3183 Jeff Friedman (x236) Commission William J. Dempsey (x263) Commission $1.00 PSF/YR* $1.00 PSF/YR* Chris Marit (x239) NEW SUBLEASE SUBLEASE 360 Bay Street 33 – 35 Fraser Avenue Location Location On Bay Street, just south of Richmond King West, near King & Dufferin, south Street of Liberty Space Available Space Available Suite 500: 4,250 SF Ground Floor: 4,185 SF (divisible) (with 1,351 SF contiguous available as of May 1, 2012) Net Rent $8.25 PSF/YR Net Rent Negotiable Additional Rent (2009) $11.25 PSF/YR TMI $19.45 PSF/YR Gross Rent Comments Comments $19.50 PSF/YR Term • High end, bright, brick and • Healthy term and aggressive beam rates August 31, 2015 Term • Beautiful improvements • Built out Bay Street sublease Flexible (to May 31st, 2015) Availability • Space is divisible • Reception, five offices, boardroom, Kitchen, large July 1, 2012 Availability audit room and open space Immediate for workstation Call 416.366.3183 Call 416.366.3183 William J. Dempsey (x263) Commission Jane Highton (x247) Commission $1.00 PSF/YR* $1.00 PSF/YR* Chris Marit (x239) Andrew Baker (x229)*Subject to our exclusive sublisting agreementPage 12
  13. 13. LENNARD LISTINGS | OCTOBER 2011 NEW SUBLEASE SUBLEASE 8 King Street E 130 King Street W Location Location North side of King Street; just east of North east corner of King Street & York Yonge Street Street Space Available Space Available Suite 107: 3,154 SF Suite 2850: 6,962 SF (New BOMA 3,448 SF) Net Rent Net Rent Negotiable $25.00 PSF/YR Additional Rent (2011) Additional Rent $30.38 PSF/YR $20.41 PSF/YR Term Term September 28th, 2014 Comments April 29th, 2015 •High end improvements; Comments Availability Gorgeous unique space • High end class “A” sublease Availability November 1st, 2011 •Built out to 5 offices, • Great views; highest 90 to 120 Days boardroom, open area, availability in the complex kitchen, and reception • Built out with reception area, •Steps away from King Subway offices on glass, boardroom, & Union Station meeting room, kitchen and •Lots of amenities within open area for work stations walking distance • Private in-suite washroom •Strong Sublandlord Covenant • Furniture may be available Call 416.366.3183 Call 416.366.3183 Andrea Kraus (x245) Commission Chris Marit (x239) Commission $1.00 PSF/YR* $1.00 PSF/YR* William J Dempsey (x263) SUBLEASE NEW SUBLEASE 662 King Street W 1 Yonge Street Location Location Just east of King & Bathurst on the Yonge at Queens Quay; just south of north side of King Lakeshore Space Available Space Available 6,461 SF Suite 800: 1,980 RSF Semi Gross Rent Net Rent* $28.00 PSF/YR $14.50 PSF/YR (2011 estimate) *increases in 2013 Term February 27th, 2013 Additional Rent (2011) $18.08 PSF/YR Availability Comments Immediate Gross Rent Comments • Great brick and beam option in $32.58 PSF/YR • Newly renovated space well run building • Plug and play suite • Only space available in Term • Can be furnished for sublease building August 30th, 2015 BONUS term • Large windows and exposed COMMISSION! • Strong Sublandlord occupies brick throughout the premises Availability most of 8th floor • Open atrium common corridor Immediate • TTC at doorstep $6,000 Travel • Landlord willing to extend Voucher term Call 416.366.3183 Bonus Commission Call 416.366.3183 Commission William J Dempsey (x263) $6,000 travel voucher awarded to Carolyn Laidley Arn (x246) $1.00 PSF/YR* the cooperating broker who leases Joe Cianfarani (x261) 6,461 SF*Subject to our exclusive sublisting agreementPage 13
  14. 14. LENNARD LISTINGS | OCTOBER 2011 RETAIL RETAIL College Park III (Aura) Five - 5 St. Joseph Street ED The project is approximately 160,000 sq. ft. of retail on four “FIVE” is a dramatic 45- levels and will connect with the S storey modern existing College Park on subway condominium point-tower, EA level. A 75 storey residential integrating retail into the tower is planned above the retail historically-designated and 2 adjacent residential towers façade of 5 St. Joseph St. L (College Park II) which are 52 and located at the south-east 47 stories each are completed and corner of St. Joseph St. and fully occupied. Yonge St. just south of Bloor. The ground level, second and Located on the Yonge St. subway third floors will have line this development is in one of approximately 200 feet of the most densely populated Designed by the award-winning frontage on Yonge St. and 190 residential nodes in downtown architectural firm Hariri Pontarini Architects, feet of frontage on Gerrard St . Toronto - Within 1 city block there the modern and sleek glass tower will The project will have full truck are 9,000 residential units and feature undulating balconies offering loading dock & delivery facilities 10,000 government workers, panoramic views of the City, while the brick as well as parking. before the new tower is podium offers ‘Historic Loft’ suites with 10 constructed. The existing College ft. ceilings and Retail Storefronts which will Ground level will be leased to Park houses the most successful be beautifully designed to integrate the multiple tenants as street retail Winners store in Canada and one historical architecture on Yonge, St. Joseph and we are completing anchor of the highest performing St. and St. Nicholas. deals for the lower, second and Dominion stores. third levels. Occupancy is projected for late 2010. Call 416.366.3183 Call 416.366.3183 Jane Baldwin (x262) Jane Baldwin (x262) RETAIL RETAIL 360 Yonge Street Parkwoods Village Redevelopment ED (1265-1277 York Mills Road) Location Yonge Street between Elm and Parkwoods Village is a S Gerrard highly successful shopping centre, located in a densely EA Space Available populated area on York Mills just east of The Don 2,300 to 9,000 SF Valley Parkway and west of L Victoria Park with 2,200 Net Rent new residential units being $90 on 4,500 SF planned just west of the site. Comments Additional Rent • 45 feet frontage at grade $22 on 4,500 SF This project is currently • Currently a Swiss Chalet 85,000 s.f. and is anchored • Rare opportunity in this area Availability by Food Basics and • Near Dundas Square and Eaton Immediate Shoppers Drug Mart. Food Centre Basics will be constructing • Great foot traffic with a new store in their existing excellent signage opportunity location and Shopper Drug Mart will be relocating and building a new 18,000 s.f. store adjacent to Food FLAGSHIP RETAIL Basics. The centre is being OPPORTUNITY AT YONGE totally re-merchandised and & DUNDAS remodeled to today’s standards as the current leases are expiring. Call 416.366.3183 Call 416.366.3183 Jane Baldwin (x262) Jane Baldwin (x262)*Subject to our exclusive listing agreementPage 14
  15. 15. LENNARD LISTINGS | OCTOBER 2011 RETAIL 100 Yorkville Avenue Fronting Yorkville Avenue, approximately 28,000 square feet of exclusive retail space will be created at the site of ED Torontos most luxurious new condominium development. S Soaring two storey "Bloor Street style" storefronts will provide EA ideal physical space and impressive branding L opportunities that have never before been available on Yorkville Avenue. This development will also incorporate the partial facade of Yorkville, Torontos most the beautiful old Mt. Sinai fashionable neighborhood is Hospital building; respecting the being transformed… historical significance of the Wouldn’t you like Your Name neighborhood while providing a Here? very unique retail opportunity for the right concept. Call 416.366.3183 Jane Baldwin (x262)*Subject to our exclusive listing agreementPage 15
  16. 16. LENNARD LISTINGS | OCTOBER 2010 SALE–Development Opportunity SALE–Development Opportunity 587 Avenue Road 49 Conestoga College Boulevard Asking Price Property Description Contact agent for details •4.85 Acres (approximately) •Located at Homer Watson Boulevard D Development Opportunity with Holding and Highway 401 Income – •Zoned Highway Commercial/Retail •Signage reserve in place L Proposed 15 Stories or 60,000 SF 587 Avenue Road is a 0.240 acre (10,266 ($4,138.73/annum) sf) parcel of land for sale with 60 feet of •Located close to Conestoga College – frontage onto Avenue Road. The Approximately 8,500 full-time students, property is improved with one four 38,000 part-time students and 4,000 O storey apartment building totaling apprenticeship students! 56,276 square feet comprised of 22 •1 million square feet expansion units. As such the highest and best use approved and proceeding Lot Description S for this site would be for redevelopment. Development Opportunity – •Land is flat with easy access to both Number of Suites 22 Kitchener, Ontario East and West Highway 401 Site Area: 971M2 10,208.64 SF The Area The offering consists of 4.85 acres, •Taxes $24,541 (2009) Dimension 60 x 174 FT The Property is situated in Toronto’s with prime highway exposure at Taxes – Roll $33,257.69 (2010) #190411122000300 Avenue Road Corridor which is currently Home Watson Boulevard. The area Legal Description PT LT 45, PL 890 AVENUE comprised mostly of large single family has seen increased development HILL AS IN CT371020; CITY homes, and multi-residential apartment such as retail, hotel, gas stations OF TORONTO PALAVENUEGP INC; RLC AVENUE LP buildings, however the supply of and industrial and office uses. Current Zoning R4C (Residential) condominium or townhouse ZZ.0 H16 developments is lacking. This region is The zoning By-law classifies the property R4 Z2.0, a proving to have a high demand for residential classification luxury condominium developments which regulates maximum gross floor area through based on the locations demographics parking, setback and and area sales. landscaping requirements Call 416.366.3183 Commission Call 416.366.3183 Brian Murphy (x222) 2% of gross purchase price to Brian Murphy (x222) cooperating broker* SALE 7714 Yonge Street, Vaughan Location Located on the west side of Yonge Street, just south of Centre Street D Offering Price $1,875,000 L Realty Taxes (2010 estimate) $5,280.60 O Financing Clear – Vendor take-back financing is not available S Property Improvements The site is improved with a 1,788 The Opportunity sq.ft. above grade heritage home To acquire a potential commercial re- build circa 1860. There is a lower development opportunity within the city area of 825 sq.ft. that can be of Vaughan’s Heritage District permitting utilized partly for storage. Only a potential development up to 8,922 the front portion of the house is square feet. The site offers unrestricted designated heritage and would uses, unlike other properties within this have to be incorporated in any district. future development. The home is air conditioned and is heated by a Site Area gas furnace. The site has an area of approximately 0.41 acres with approximately 65.57 feet frontage on Yonge Street and 271.83 feet of depth Call 416.366.3183 Dean Macaskill (x266) *Subject to our exclusive listing agreementPage 16
  19. 19. LENNARD WEST LISTINGS | OCTOBER 2011 LEASE LEASE 56 Aberfoyle Crescent 2640 Bristol Circle Location Location Islington & Bloor Dundas Street W & Hwy 403 Space Available Space Available Suite 202: 1,020 SF Suite 500: 1,822 SF Suite 520: 1,020 SF Suite 710: 651 SF Net Rent Years 1-5: $18.50 PSF/YR Net Rent $14.00 PSF/YR TMI Annual $0.50 rate increase $7.00 PSF/YR Rate includes $25.00 allowance Tenant to pay utilities & janitorial IMPROVED ENERGY EFFICIENCIES! Additional Rent (2011 Estimate) Availability Comments $18.75 PSF/YR Immediate • Serviced by Toronto & Mississauga public transit Gross Rent $32.75 PSF/YR Comments • Many amenities within walking • Low gross up distance Term • End unit with two sides of glass • Free surface parking for visitors 5 – 10 years • Many amenities in the area • E1 fibre service up to • Non Institutional Landlord with 10MB’s/speed of 6.5 TI’s Availability office in complex • Building is equipped with a back Immediate • Part of a 60,000 SF campus up generator and is fully operational in a power outage situation Call 905.625.5020 Call 905.625.5020 Joni Blanshard (x231) Steve Peres (x225) LEASE LEASE 420 Britannia Road E 5400 Explorer Drive Location On the south west corner of POTENTIAL NEW DEVELOPMENT SITE! Kennedy Rd and Britannia Rd in Location Mississauga’s Trader Business Between Explorer Dr & Orbitor Dr. Park Fronting onto Hwy 401 Space Available Space Available Suite 108: 2,874 SF Up to 312,000 SF Suite 100: 2,260 SF Typical floor plate 33,470 SF Suite 200: 1,835 SF Suite 201: 2,367 SF Term Suite 440B: 2,863 SF Minimum 10 year term Comments Net Rent • Prime Hwy 401 signage Availability Comments • Technical specifications $10.50 PSF/YR 18-24 months depending on • Building has recently undergone available annual increases building design and size extensive renovations including a • Part of the Polaris 1 million SF complete re-cladding of the portfolio in the Airport Additional Rent (2011Estimate) exterior Corporate Centre $9.70 PSF/YR • New exterior Tenant directory board Gross Rent • Located close to the GTA major $20.20 PSF/YR highways • Easy parking and LOTS of it! Availability • Rate includes some Landlord’s Immediate Work Call 905.625.5020 Call 905.625.5020 Joni Blanshard (x231) Jim O’Reilly (x230) Alex Varvakis (x234) Brian Lynett (x222) *Subject to our exclusive listing agreement Page 19
  20. 20. LENNARD WEST LISTINGS | OCTOBER 2011 LEASE LEASE 5450 Explorer Drive 5700 Explorer Drive Location Location Explorer Dr and Satellite Dr Explorer Dr & Orbitor Dr Fronting directly onto Hwy 401 Space Available Space Available* 2nd Floor: 27,038 SF (divisible) 1st Floor: 14,063 SF 5th Floor: 5,398 SF 2nd Floor: 18,666 SF 3rd Floor: 19,339 SF Net Rent 4th Floor: 19,345 SF $15.00 PSF/YR Total: 71,413 SF *space is divisible Additional Rent (2011 Estimate) Availability $15.27 PSF/YR Entire building will be available Net Rent on a headlease basis as of Years 1-5: $15.00 PSF/YR Gross Rent February 1, 2012. Please contact Years 6-10: $17.00 PSF/YR $30.27 PSF/YR listing agents for further details Comments Additional Rent (2011 Estimate) • Building is “BOMA BESt” Term Comments $13.93 PSF/YR certified 5 or 10 years •Large block of contiguous • Amenities include a office space that is divisible Gross Rent sandwich shop Availability •Prime highway 401 signage $28.93 PSF/YR Immediate opportunity •Parking ratio that exceeds all Term Improvement Allowance other ACC buildings 5 or 10 years Negotiable •Technical specifications available upon request Improvement Allowance Negotiable Call 905.625.5020 Commission Call 905.625.5020 Commission Jim O’Reilly (x230) $5.00 PSF on a 5 year term* Jim O’Reilly (x230) $5.00 PSF on a 5 year term* Brian Lynett (x222) $8.00 PSF on a 10 year term* Brian Lynett (x222) $8.00 PSF on a 10 year term* LEASE LEASE 10 Kingsbridge Garden Circle 1515 Matheson Boulevard W Location Location Mississauga City Centre at Hwy Corner of Dixie Rd & Matheson Blvd 403 and Hwy 10 Space Available Space Available Suite 202: 1,489 SF Suite 104: 888 SF Suite 209: 3,081 SF Suite 302: 3,626 SF Suite 214-217: 5,409 SF* Suite 503: 1,213 SF Suite 216: 1,325 SF Suite 218: 1,388 SF Net Rent *divisible $16.00 PSF/YR Net Rent Additional Rent (2011 Estimate) Comments $8.00 PSF/YR $13.54 PSF/Yr • Building undergoing renovations Additional Rent (2011 Estimate) Comments Gross Rent • 2 model suites in move-in $7.79 PSF/YR • Mississauga public transit $29.54 PSF/YR condition to choose from in front of building • Built out space and quick Gross Rent • Amenities in building Availability occupancy $15.79 PSF/YR include restaurants, Immediate • 10 minutes to Pearson convenience store and International Airport Term management office • Minutes to Highway 401 3-5 years • Located near the airport, • Excellent amenities nearby Hwys 407, 403 and Hwy 10 • Excellent exposure on Matheson Blvd New Paint & Carpet on 5 Year Call 905.625.5020 Call 905.625.5020 Deals! Joni Blanshard (x231) Alex Varvakis (x234) Brian Lynett (x222) *Subject to our exclusive listing agreement Page 20