AUGUST 2015 URBAN RETAIL LEASING & INVESTMENT PROPERTIES REPORT
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1 URBAN RETAIL LISTINGS FOR LEASE NEW! 2131 Yonge St Art Shoppe NEW! 41 Ossington Ave NEW! 695 Queen St W NEW! 151 Bloor St W NEW! 93 Bloor St W 130 Cumberland St 2 St Clair Ave W 160 Avenue Rd Bathurst St 1168 Bay Street AUGUST 2015 URBAN RETAIL LEASING & INVESTMENT PROPERTIES REPORT 100 Bloor St W INVESTMENT PROPERTIES FOR SALE 1275 Bay St & 53 Scollard St Four Seasons Hotel & Residences Bathurst St B.streets Condos Arlin Markowitz Urban Retail & Investment Properties
2 Available Properties for Lease August 2015 NEW! 2131 Yonge Street Art Shoppe NEW! 41 Ossington Avenue NEW! 695 Queen Street West NEW! 151 Bloor St W NEW! 93 Bloor Street West 100 Bloor Street West 2 St Clair Avenue West 160 Avenue Road Bathurst Street B.streets Condos 1168 Bay Street 130 Cumberland Street
3 2131 Yonge Street Art Shoppe Condos + Lofts TMI (Estimated): 24,330 divisible sq.ft. $60.00 per sq.ft. $20.00 per sq.ft. AVAILABLE: 2018 Full city block of exposure on Yonge St just south of Eglinton Ave. Frontages between 27 and 93 ft with ceiling heights of over 20 ft. 52,000 sq.ft. second floor has been leased to an achor tenant. Neighbouring retailers include Urban Outfitters, Aroma Espresso Bar, Starbucks, Chipotle, Indigo, The Keg and the RioCan Yonge- Eglinton Centre Redevelopment. Tom Balkos* Retailer Services Group tom.balkos@cbre.com
4 41 Ossington Avenue TMI (Estimated): 2,500 sq.ft. or Two 1,250 sq.ft. units $65 per sq.ft. (Entire Space) or $60 per sq.ft. (In-Line Unit) $75 per sq.ft. (Corner Unit) $15 per sq.ft. AVAILABLE: October 2015 Located on the corner of one of Toronto s trendiest retail strips below the brand new Motif lofts. 56 ft of Frontage on Ossington and 48 ft of Frontage on Rebecca. Excellent visibility and branding potential with exposure to a high volume of pedestrian and vehicular traffic. Neighbouring retailers include Tiger of Sweden, Jonathan & Olivia, Gravity Pope and, most recently, Shinola. Jackson Turner Sales Representative jackson.turner@cbre.com
5 695 Queen Street West TMI: AVAILABLE: 1,907 sq.ft. (Ground) 1,532 sq.ft. (Basement) $50 per sq.ft. $10 per sq.ft. Immediately Located in the heart of West Queen West, which came in second on Vogue s list of World s Coolest Neighborhoods. The densification of the area of the area has added significant foot traffic, from which tenants are benefiting. Co-tenants include Anthropologie, Terroni, Dark Horse Espresso Bar, Ben Sherman, Kit + Ace and Starbucks.
6 151 Bloor Street West TMI: AVAILABLE: 1,888 sq.ft. $ per sq.ft. $17.83 per sq.ft. Flexible Luxury retailers considering this location are presented with unparalleled brand exposure. Double height signage façade giving it superior exposure. Billboard Signage directly above is also available for lease at $7500 a month. Located across the street from the flagship Tiffany & Co., Burberry and Louis Vuitton stores.
7 93 Bloor Street West TMI: AVAILABLE: 2,125 sq.ft. (Ground) 2,000 sq.ft. (Lower) $ per sq.ft. (Ground) $35.00 per sq.ft. (Lower) $55.00 per sq.ft. Flexible Rare opportunity to secure a freestanding building on the prime stretch of Bloor Street West. A second floor of approximately 1,000-2,000 sq.ft. can be installed. Co-tenants in the immediate area include Holt Renfrew and Harry Rosen. Alex Edmison* Vice President alex.edmison@cbre.com Jackson Turner Sales Representative jackson.turner@cbre.com
8 100 Bloor Street West TMI: AVAILABLE: 6,000-42,000 divisible sq.ft. $ $ (Ground) $50.00-$80.00 (Second) *depending on size $41.00 per sq.ft. Flexible Triple height facade, 158 ft of frontage and dual streetfronts onto Bloor Street and Cumberland Street. Neighbouring retailers include Holt Renfrew, Men, Dolce & Gabbana, Prada, Brooks Brothers, Cartier, Buberry, Tiffany & Co., Gucci, and Louis Vuitton.
9 2 St. Clair Avenue West TMI: 2,300-3,400 sq.ft. (Ground) 5,000-15,000 sq.ft. (Second) Please contact listing agent Please contact listing agent AVAILABLE: story state of the art facade on the hard corner of Yonge & St. Clair. Retail will be undertaking massive renovations to create one of Toronto s most energetic retail corners. Surrounded by significant density from both office, retail and residential properties. Alex Edmison* Vice President alex.edmison@cbre.com Jackson Turner Sales Representative jackson.turner@cbre.com
10 160 Avenue Road TMI: AVAILABLE: 9,063 divisible sq.ft. Please contact listing agent Please contact listing agent Immediately Over 100 ft of frontage of Avenue with soaring 16.5 ft ceilings at the base of a luxury condominium. Centrally located, surrounded by the affluent neighbourhoods of Yorkville, Summerhill and Forest Hill. Highly visible with excellent exposure onto Avenue Road; over 120,000 cars drive by the site daily. Alex Edmison* Vice President alex.edmison@cbre.com Jackson Turner Sales Representative jackson.turner@cbre.com
11 Bathurst Street B. streets Condos TMI (Estimated): AVAILABLE: 6,289 divisible sq.ft. $40.00 per sq.ft. $15.00 per sq.ft. Immediately 7 units ranging from 772-1,538 sq.ft. at the base of the award winning B.streets Condo. Across the street from the former Honest Ed s and future site of a highly anticipated mixed use project which will bring density to the area. Area retailers include Aroma Espresso Bar, Rowe Farms, Metro, Starbucks, Bulk Barn, Shoppers Drug Mark and many independent tenancies such as Guu Izakaya. Jackson Turner Sales Representative jackson.turner@cbre.com
12 1168 Bay Street TMI: AVAILABLE: 1,060 sq.ft. $70.00 per sq.ft. $33.83 per sq.ft. Immediately Located seconds from the marquee intersection of Bloor Street West and Bay Street and seconds away from the Bay Subway Station. Enormous frontage and exposure in the city s premier shopping node; Bloor-Yorkville. Area co-tenants include The Gap, Indigo, David s Shoes, and the Holt Renfrew Centre. Jackson Turner Sales Representative jackson.turner@cbre.com
13 130 Cumberland Street TMI: AVAILABLE: 1,677 sq.ft. $45.00 per sq.ft. $12.50 per sq.ft. Flexible Located in th heart of the Bloor- Yorkville shopping node nestled between the city s two best 5 star hotels, the Hazelton and the Four Seasons. Neighbouring retailers include Nespresso, Lululemon, Brooks Brothers, Kate Spade, Sassafraz, Starbucks, Fiorio Salon and Sushi Inn. Jackson Turner Sales Representative jackson.turner@cbre.com
14 Available Properties for Sale August 2015 Four Seasons Hotel Retail & Parking Toronto Bathurst Street B.streets Condos Toronto A Rare opportunity to aquire Toronto s most exciting new urban development. 4,602 sq.ft. of luxury retail space and 97 parking stalls in the recently completed Four Seasons Hotel. The retail space is a 100% leased with strong market fundamentals and growth potential. 7,619 sq.ft. of retail space at the base of the award winning B.streets Condo, seconds away from the corner of Bloor and Bathurst in the heart of the Annex. Price: $4,680,000 All 7 Units $1,500,000 Units 1 & 2 $3,180,000 Units 3,4,5,6, & 7
15 Four Seasons Retail & Parking ADDRESS: GLA: TENANTS: OCCUPANCY: AVERAGE LEASE TERM: AVERAGE LEASE RATE: 1275 Bay Street & 53 Scollard Street & 97 -Below Grade Parking Stalls 4,602 sq.ft. Buca Yorkville Archives (jewelery) 100% Leased 11.1 Years $90.41 per sq.ft. A rare opportunity to aquire Toronto s most exciting new luxury urban retail development located in the recently completed Four Seasons Hotel and Residences. Marquee Destination in the heart of Yorkville -the Bloor-Yorkville neighbourhood is recognized as a premier destination for tourists, corporate travelers and local residences. 100% leased with exceptional market fundamentals and strong growth potential. Casey T. Gallagher* National Investment Team casey.gallagher@cbre.com Peter D. Senst* President Canadian Capital Markets peter.senst@cbre.com Hillel Abergel* Vice President National Investment Team hillel.abergel@cbre.com
16 Bathurst Street B.streets Condos ADDRESS: GLA: TENANTS: PRICE Bathurst Street (7 Units) 7,619 sq.ft. Divisible Panago Pizza 6 Units Available for Lease $4,680,000 All 7 Units $1,500,000 Units 1 & 2 $3,180,000 Units 3,4,5,6, & 7 An opportunity to own 7,619 sq.ft. of retail space at the base of the award winning B.streets Condo, seconds away from the corner of Bloor and Bathurst in the heart of the Annex. The size and quality of this space in combination wtih tenant demand for an Annex location will allow a prospective purchaser to easily secure new tenants. RETAIL 4 RETAIL 5 RETAIL 6 AREA: 956 sq. ft. AREA: 1,027 sq. ft. AREA: 772 sq. ft. RETAIL 7 AREA: 1,538 sq. ft. RETAIL 1 AREA: 1,326 sq. ft. RETAIL 2 AREA: 962 sq. ft. RETAIL 3 AREA: 1,034 sq. ft. 787 Bathurst Street 785 Bathurst Street Jackson Turner Sales Representative jackson.turner@cbre.com 779 Bathurst Street 777 Bathurst Street 775 Bathurst Street 773 Bathurst Street 771 Bathurst Street
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