FOR LEASE 1877 HOLLIS STREET HALIFAX, NS OFFICE BUILDING 7,350 SF MAT HOUSTON, BA ULE Real Estate Advisor 902.412.2940 mathouston@kwcommercial.com TOM GERARD, SIOR, CCIM Real Estate Advisor 902.830.1318 tomgerard@kwcommercial.com KW COMMERCIAL ADVISORS 6080 Young Street, Suite 308 Halifax, NS B3K 5L2 www.kwcommercialhalifax.com
EXECUTIVE SUMMARY 1877 Hollis Street (tspace) is a six-storey Class A office building located on Hollis Street, in the heart of the downtown Business District in Halifax, Nova Scotia. The building, originally built in 1841, recently fully renovated, contains ~30,000 SF of commercial space divided over 6 floors with a mix of historical elements, high-end finishes and harbour views. This famously recognized building is rich in history and offers great visibility and outstanding tenant signage/identification opportunities to be seen by over 10,000 vehicles a day as you enter downtown Halifax. tspace has been completely renovated by Starfish Properties and offers a unique 2 level loft style office design with a mix of historic exposed brick walls and modern steel beams, as well as high-end lobby entrances and custom finishes. Civic Address: Building Name: Property Type: Available: Available Space: Floor Plates: Parking: Office Lease Rate: CAM And Tax: Additional Features: 1877 Hollis Street, Halifax, NS tspace 6 storey Class A mixed-use commercial building Immediately Up to ~7,350 SF (Space can be demised in half) Unique loft style office space on the 3rd and 4th floors Total floor plate on 2 levels is 7,350 SF Ample street and parkade parking nearby $20.00 Net PSF $9.50 PSF Exposed brick and beam interior space High-end lobby and finishes Tenant leasehold allowance Excellent access to public transportation Walking distance to cafes, restaurants and bars Harbour Views 1877 HOLLIS STREET HALIFAX, NOVA SCOTIA 2
AREA OVERVIEW tspace is located in Downtown Halifax, the epicentre of Atlantic Canada business, at the leading edge to Historic Properties. The property is situated on the northern block bounded by Hollis, Duke and Upper Water Street, located next to the new RBC Waterside Centre, and across the street from the Historic Properties. The building, now know as tspace, was originally named the Jerusalem Warehouse and then later recognized as the Morse s Tea Building. tspace is a landmark of the downtown core, located in Halifax s and one of Canada s oldest commercial districts. Hollis Street is in the main artery for access to downtown Halifax making 1877 Hollis Street one of the first buildings seen as you enter the downtown core by over 10,000 vehicles per day. 1877 Hollis Street is in the heart and centre of the Downtown Halifax surrounded by the following: Across the street from the Historic Properties The Halifax Financial District Next to the Marriott Waterfront and the Delta Barrington Hotels The Casino The Waterfront Boardwalk The Halifax Metro Centre Scotia Square Food court Restaurants, Shops and Cafes 1877 HOLLIS STREET HALIFAX, NOVA SCOTIA 3
BUILDING OVERVIEW Building Type: Building Size: Structure: Current Use: Exterior: Interior: Roof Type: Heating & Cooling: 6 Storey Class A commercial building Masonry, Stone, Quoins, Brick and Glass Approximately 30,000 SF of GLA Floors 1 & 2 Retail Floors 3 to 6 Office 1st & 2nd Floor Baton Rouge Restaurant 3rd & 4th Floor Office Space For Lease 5th & 6th Floor FCV Technologies ~7,350 SF available loft style office space Can be demised into East and West Suites All new tenant controlled HVAC systems Street and parkade parking nearby Character Class A office space Exposed brick and beam interior space High-end lobby and finishes 2 level loft suites from ~3,460 to ~3,900 SF Tenant leasehold allowance Excellent access to public transportation Walking distance to cafes, restaurants and bars Harbour Views 1877 HOLLIS STREET HALIFAX, NOVA SCOTIA 4
EXTERIOR PHOTOS 1877 HOLLIS STREET HALIFAX, NOVA SCOTIA 5
INTERIOR MAIN LOBBY PHOTOS 1877 HOLLIS STREET HALIFAX, NOVA SCOTIA 6
3RD AND 4TH FLOOR INTERIOR PHOTOS 1877 HOLLIS STREET HALIFAX, NOVA SCOTIA 7
FLOOR PLANS 3RD FLOOR & MEZZANINE 1877 HOLLIS STREET HALIFAX, NOVA SCOTIA 8
PARKING ANALYSIS In 2013 the Downtown Halifax Business District and the Spring Garden Road Business Association compiled data to determine the parking availability the downtown district. It was determined that on average, there were 796 off-street stalls available at lunchtime, the busiest traffic hours, all within a five-minute walk to Grand Parade. According to their survey, there are currently 7,449 total parking spaces downtown; of which 1,380 are still free at lunchtime. 1877 HOLLIS STREET HALIFAX, NOVA SCOTIA 9
CONTACT INFORMATION MAT HOUSTON, BA ULE Real Estate Advisor 902.412.2940 mathouston@kwcommercial.com TOM GERARD, SIOR, CCIM Real Estate Advisor 902.830.1318 tomgerard@kwcommercial.com KW COMMERCIAL ADVISORS 6080 Young Street, Suite 308 Halifax, NS B3K 5L2 www.kwcommercialhalifax.com KWcommercialHFX@twitter.com 1877 HOLLIS STREET HALIFAX, NOVA SCOTIA 10
DISCLAIMER & LIMITING CONDITIONS The information contained in this package was obtained from the owners and other sources deemed reliable. However, no representations, declarations or warranties are given or implied by Keller Williams Select Realty, or the owner as to its accuracy or completeness and such information should not be relied upon by prospective purchasers without independent investigation and verification. This information package does not purport to be all-inclusive or to contain all of the information that a prospective tenant may require in determining whether or not to lease the property. The owner and Keller Williams Select Realty expressly disclaim any and all liability for any errors or omissions in this package or any other oral or written communication transmitted or made available to prospective tenants This information package is for information and discussion purposes only and does not constitute an offer to lease or the solicitation of any offer to lease the property. The owner reserves the right to remove the offering from the market at any time and is under no obligation to respond to or accept any proposal or offer to lease the property. 1877 HOLLIS STREET HALIFAX, NOVA SCOTIA 11