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RETAIL / OFFICE DEVELOPMENT 68 Highfield Park Drive, Highfield Centre Dartmouth, Nova Scotia Partnership. Performance. TABLE OF CONTENTS Why Avison Young? 3 Executive Summary 5 Area Overview 7 Specifications 11 Exterior Photos 12 Interior Photos 14 Contact Information 17 Appendix: Avison Young at a Glance 18 WHY AVISON YOUNG? A Different Kind of Commercial Real Estate Company Avison Young is a global, full-service commercial real estate firm. We’re different. Firm’s equity in hands of principals Unique model, culture and client-centric approach Intelligent, integrated solutions that deliver a better client experience and better results. Partner with our clients and across our company Highly collaborative firm, focused together on one thing: client success Our commitment is to create exceptional value Client Lead Principal CrossPrincipal Collaboration We are the fastest-growing and largest independently-owned commercial real estate services firm in Canada. Partnership. Performance. 3 WHY AVISON YOUNG? A Different Kind of Commercial Real Estate Company How do clients benefit from our difference? Principal Led Model Principal who brought in your business manages your business AVISON YOUNG Priority is relationships and long term Principal – Best-in-Class performance Led Team Collaborations Designed to support the achievement of your Client objectives Needs Strategy Thought Creates incentive for internal collaboration, Savings Leadership cooperation and client focus Efficiency Market Commitment and accountability Transparency Services Client centric-approach Subject Matter Experts Our approach is to look at the big picture – your big picture Not just a transaction, it’s a customized client solution. Customized Capabilities and services structured organically Client Solution around client relationships rather than business units Results with One Goal - The Best Solution Enterprise Impact Quality, senior-level experts focused on your business Open source philosophy embraces best-inclass providers Aligned with your best interests 4 68 HIGHFIELD DRIVE, HIGHFIELD CENTRE, DARTMOUTH, NOVA SCOTIA Executive Summary A modern building for your needs, comfort and convenience. With tempered glass double doors, fixed aluminum window frames and loading docks for each unit, you will be pleased with the attention to detail at Highfield Centre. Welcome to the new era of business. 5 68 HIGHFIELD DRIVE, HIGHFIELD CENTRE, DARTMOUTH, NOVA SCOTIA Executive Summary Civic Address 68 Highfield Drive, Dartmouth, Nova Scotia Property Type Retail / Office Plaza Age New Construction Building Size Level One 22,665 sf Level Two 3,500 sf Site Amenities Parking, exterior lighting, landscaping Zoning C-2 General Commercial Municipal Services All municipal services are available to the site Signage Exterior Building. Naming Rights also available. Lease Incentives Negotiable Base Rent Retail - $18.00 psf Office – $14.00 psf Additional Rent Retail - $7.00 psf + Utilities Office - $8.00 psf 6 68 HIGHFIELD DRIVE, HIGHFIELD CENTRE, DARTMOUTH, NOVA SCOTIA Area Overview The location is proving to be the new destination for retail and office locations in the Halifax Regional Municipality. Located adjacent to the well-known and established Burnside Industrial & City of Lakes Business Parks. Neighbouring companies include The Atrium, Stantec, Lockheed Martin, and the new St. John’s Ambulance headquarters. This location is easily accessible from all areas of the Halifax Regional Municpality through access from Highway 111. 7 68 HIGHFIELD DRIVE, HIGHFIELD CENTRE, DARTMOUTH, NOVA SCOTIA Area Overview Burnside Industrial Park 68 Highfield Drive High Density Residential 8 68 HIGHFIELD DRIVE, HIGHFIELD CENTRE, DARTMOUTH, NOVA SCOTIA Area Overview 9 68 HIGHFIELD DRIVE, HIGHFIELD CENTRE, DARTMOUTH, NOVA SCOTIA Area Overview Amenities near Highfield Centre Development Restaurants Shopping Keystone Kelly’s – Highfield Park Drive Parkside Pub & Grill - Highfield Park Drive Tim Horton’s - Highfield Park Drive Alexandra’s Pizza - Highfield Park Drive Renoldo’s Pizza & Donair - Highfield Park Drive Chabaa Thai – Ilsley Avenue Rodoo Lounge & Restaurant – Haey Avenue Kababji Authentic Lebanese Cuisine – Brownlow Avenue Smokeys Restaurant – Wright Avenue Burnside Pizzeria – Ilsley Avenue East/West Restaurant – Ilsley Avenue Japan Deli – Ilsley Avenue Grande Finales Cafe and Catering – Ilsley Avenue Jessy’s Pizza – Wright Avenue Newsbreak Cafe – Ilsley Avenue Dartmouth Crossing (Over 20 restaurants/entertainment) The Atrium – The Brick, Gallery One, Worldwide Furniture, Ashley’s Furniture Home Depot – Dartmouth Crossing Canadian Tire - Dartmouth Crossing Walmart - Dartmouth Crossing Costco - Dartmouth Crossing Toys R Us - Dartmouth Crossing Dartmouth Crossing (over 50 stores) Various Fast Food Subway – Ilsley Avenue Wendy’s - Ilsley Avenue McDonald’s – Windmill Road Burger King - Ilsley Avenue Dairy Queen - Ilsley Avenue Dartmouth Crossing (Over 20 restaurants/entertainment) Day Care Facilities Crystal Day Nursery Limited – Highfield Park Drive Adventures Child Care Centre – Bayview Avenue Grocery Stores Other Amenities Sobey’s – Victoria Road Needs – Highfield Park Drive Ultramar Corner Store – Highfield Park Drive Goodlife Fitness Co-ed Ramada Plaza Hotel Days Inn Banks – TD Bank, RBC, BMO 10 68 HIGHFIELD DRIVE, HIGHFIELD CENTRE, DARTMOUTH, NOVA SCOTIA Specifications Building and Site Overview Timing Completion Date: Spring 2014 HVAC Systems Heating from radian panels Cooling available to each floor Central energy systems & digital controls provide optimal efficiency Signage Building Exterior Loading Docks As necessary Additional Features Sprinklers and fire alarm systems in place Optional key fob access Fixed aluminum frame windows Steel frame structure Handicap Accessible Lot Size Parking 138 parking spaces Signage Opportunity available Construction Concrete foundation with steel framing Environmental Central energy management systems and waste recycling program on site Lighting & Washrooms To be determined by tenant Ceilings 12 feet – retail spaces 10 feet – office spaces 11 68 HIGHFIELD DRIVE, HIGHFIELD CENTRE, DARTMOUTH, NOVA SCOTIA Exterior Photos 12 68 HIGHFIELD DRIVE, HIGHFIELD CENTRE, DARTMOUTH, NOVA SCOTIA Exterior Photos 13 68 HIGHFIELD DRIVE, HIGHFIELD CENTRE, DARTMOUTH, NOVA SCOTIA Interior Photos 14 Contact Information Michael Brown, BBA, ULE Managing Director D C E Avison Young 1657 Bedford Row, Suite 1 Halifax, NS, B3J 1T1 902.454.4110 902.229.6179 [email protected] Michael Brown has worked in the commercial real estate industry for 12 years. Michael holds a degree in Commerce from the University of New Brunswick and graduated from the University of British Columbia with a Diploma in Urban Land Economics. This program covers a wide variety of industry specific material including Real Property Law, Real Estate Finance, Appraisal, Statistical Analysis and Commercial Structural Analysis which are of significant value to his clients. During his real estate career, Michael has lead retail and office development pre-leasing, Tenant Representation for industrial, office and retail leasing, commercial property sales of the above genres, but predominantly spending a majority of his time specializing in Investment Sales. Michael exclusively represents Avison Young’s ‘Corporate Servicess Division’ for assignments in Nova Scotia. Having owned and operated his own Graphic & Web Design Business, as well as a Commercial Property Management company, Michael is a dynamic, positive, realtionship-focused business person. Specializing in Investment Sales has allowed Michael to work with a wide variety of Local, National and International companies. Some notable companies include HSBC, Irving Oil, Pacrim Hospitality, The Bank of Canada, CN National Railway, KPMG, Dundee REIT and keyREIT. 15 APPENDIX: Avison Young at a Glance A Growing Multinational Presence Founded: 1978 Total Real Estate Professionals: 1,500+ Office: 58 Brokerage Professionals 600+ Property Under Management Approx. 70 million sf Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 1,500 real estate professionals in 58 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties. Transaction Services - Tenant representation, lease acquisition and disposition - Investment acquisition and disposition for owners and occupiers - Landlord representation— all property types—office, industrial, retail, build-to-suit, land and multifamily Consulting & Advisory Services - Portfolio review and analysis - Valuation and appraisal - Benchmarking - Transaction management - Asset rationalization - Mergers and acquisitions - Workplace solutions - Acquisitions and dispositions Management Services - Project management - Property and operations review - Property/facility management - Tenant relations - Financial reporting - Lease administration - Operations consulting - Asset management - Portfolio management Enterprise Solutions - Integrated services coordination - Transaction management - Optimization strategies - Portfolio lease administration - Project coordination and reporting Investment Management - Acquisitions - Asset management -Portfolio strategy - Capital repositioning 16