CONFIDENTIAL INFORMATION MEMORANDUM 169 WYSE ROAD
AN APPROVED 10-STOREY, 80-SUITE MULTI-RESIDENTIAL DEVELOPMENT SITE DARTMOUTH, NOVA SCOTIA
CBRE CAPITAL MARKETS ATLANTIC CANADA CBRE LIMITED | EXCLUSIVE AGENT
For more information, please contact:
CHRIS CARTER Vice President +1 902 492 2085 [email protected]
DAVID ZARESKI Greenwood Lane Inc. +1 902 478 4744 [email protected]
ANDREW CRANMER Senior Sales Associate +1 902 492 2065 [email protected]
CBRE Limited 5855 Spring Garden Road Suite 300 Halifax, NS B3H 4S2 T +1 902 492 2090 F +1 902 492 2091
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 The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.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. TABLE OF CONTENTS
PAGE 4 EXECUTIVE SUMMARY
PAGE 6 PROPERTY OVERVIEW
PAGE 22 MARKET OVERVIEW
PAGE 24 OFFERING PROCESS EXECUTIVE SUMMARY
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OPPORTUNITY
CBRE Limited (“CBRE”) is pleased to offer for sale 169 Wyse Road which includes an approved Development Agreement for a 10-storey, 80-suite multi-residential project in Dartmouth, Nova Scotia. Located near the successful Rayna Lane Apartments as well as a new Sobeys-anchored commercial centre, 169 Wyse Road is central to Dartmouth North’s revival. In addition to new development in the area, the property is in proximity to the Metro Transit Hub and Dartmouth Sportsplex on Nantucket Avenue, a number of public schools, Brightwood Gold and Country Club as well as retail and professional services along Wyse Road.
The Owners have secured a Development Agreement for 169 Wyse Road which features 80 residential suites, 67 underground parking stalls, and ± 2,000 square feet of retail/commercial space on the ground floor.
PRICE $2,150,000 | $26,875 PER SUITE VENDOR 3112771 NOVA SCOTIA LIMITED ADDRESS 169 WYSE ROAD, DARTMOUTH, NS PARCEL NO. PID 00045351 SITE AREA 17,263 SF ZONING DB/DOWNTOWN DISTRICT
OFFER PROCESS Interested parties are invited to submit offers using their own form of non-binding Letter of Intent (“LOI”). The LOI should outline the terms for the purchase of the Property, including the following information:
1. Total purchase price; 2. Material terms and conditions of the proposal, including time lines; 3. Names and ownership interests of the beneficial owners of the purchaser; 4. A mailing address, e-mail address and fax number for the delivery of notices.
All LOIs must be received by the Vendor’s Advisor (CBRE Limited) at the following address:
CBRE Limited 5855 Spring Garden Road, Suite 300 Halifax, Nova Scotia B3H 4S2 Attn: Andrew Cranmer | +1 902 492 2065
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CBRE CAPITAL MARKETS ATLANTIC CANADA PROPERTY OVERVIEW
AERIAL
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CBRE CAPITAL MARKETS ATLANTIC CANADA PROPERTY OVERVIEW
169 WYSE ROAD
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HIGHLIGHTS
On bus routes 16, 52, Convenient location to 53 & 64 and walking Downtown Halifax and distance to Terminal. transit connections.
Near grocery, banks, High profile pharmacy and NSLC outlet. corner location.
Available for immediate Protected views of development, not subject Harbour from to HRM Centre Plan. upper levels.
Nearby Dartmouth Located a short drive Sportsplex undergoing from Mic Mac Mall and renovations in 2017. Dartmouth Crossing.
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RENDERING LOOKING NORTH
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CBRE CAPITAL MARKETS ATLANTIC CANADA PROPERTY OVERVIEW
HIGHLIGHTS
CBRE Limited (“CBRE”) is pleased to offer for sale 169 Wyse Road which includes an approved Development Agreement for a 10-storey, 80-suite multi-residential property in Dartmouth, Nova Scotia. The project includes town houses, a mix of apartment units and commercial spaces. The municipality has undertaken significant investments with the transit hub and the Dartmouth Sportsplex, Sobeys has invested in the area with a new format store a short walk from 169 Wyse Road and private developers are active in the area including new residential on the corner of Wyse and Boland.
169 Wyse Road is: • Strategically located a short drive from Mic Mac Mall and Dartmouth Crossing, and a short walk from grocery stores, an NSLC store, banks, pharmacies and a wide range of restaurants, professional services and public transit. • Located near amenities including public schools, the Dartmouth Commons Park, Brightwood Golf and Country Club as well as the Dartmouth Sportsplex which is currently undergoing a major renovation. • Available for immediate development as there is an approved Development Agreement in place. Developers can ensure an uninterrupted pipeline as the development is not subject to the current Centre Plan review process.
DEVELOPMENT AGREEMENT
The Owner has secured a Development Agreement with the City of Halifax (case 19500) for the property. The Municipality has the right to discharge the Development Agreement if after five years from registration the development has not been completed. The Development Agreement, to be assigned to the purchaser on Closing, provides for the following development:
• Residential units to a maximum of 80 units • 8 townhouse units with a minimum of two-bedrooms each • Units ranging from 436 sq. ft. to 2,019 sq. ft. • With one unit under 500 sq. ft. the average unit size is ± 817 sq. ft. • Excluding the ± 3,000 sq. ft. of common balconies, the average private balcony is ± 118 sq. ft. • Commencement of development occurs with the demolition of the existing building, which must be within or later than four months after registration of the development agreement. The Development Agreement was registered on the 15 February 2017.
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NORTHERN ELEVATION
6.5’ 12.5’ 115.5’ 25.3’ 21.6’
METAL PANEL 1
METAL PANEL 2
ALUM. RAILING
GLAZING
METAL PANEL 3
BRICK
BUILDING ENTRY
TH TH Dwg - A49 WORK\11.1_A49 WORK\REVIT\WyseRoad_CENTRAL .rvt TH TH GARAGE ENTRY ENTRY ENTRY ENTRY ENTRY
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GROUND FLOOR
PELZANT STREET
2ND LVL - TH 532.97 2B - TH 2B -TH 2B - TH 2B - TH RETAIL OPEN TO 979.01 710.92 710.92 876.84 2ND LVL - TH BELOW 1061.19 507.53
2ND LVL - TH 502.58 1B 1B 1B 622.13 605.07 617.42 AMENITY P.B. RETAIL GEORGE STREET GEORGE 1095.93 WYSE ROAD 2ND LVL - TH P.B. 25.99 P.B. 888.09 530.56 47.29 52.07 [email protected]
P.B. = PRIVATE BALCONY
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SECOND FLOOR
PELZANT STREET
P.B. 649.30 1B 2ND LVL - TH 2ND LVL 2ND LVL 2ND LVL - TH 2B 534.61 1040.19 771.64 771.64 937.64 1061.19
P.B. 1B 570.30 436.06 P.B. 59.02 1B 606.62 P.B. 1B 1B P.B. 1B 2B GEORGE STREET GEORGE 1B WYSE ROAD 651.40 618.10 25.99 621.33 1041.68 527.21 544.74 P.B. 51.61 P.B. P.B. P.B. 33.97 48.37 79.35 [email protected]
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THIRD FLOOR PLAN
PELZANT STREET
P.B. P. B. P.B. P. B. 210.41 204.81 210.26 209.96
1B 1B 1B 1B 2B 672.08 638.80 656.25 670.65 1061.19 COMMON BALCONY 1674.56 P.B. 1B 1B 1B 1B 2B 80.98 639.43 618.10 606.62 621.33 1018.35 P.B. GEORGE STREET GEORGE 25.99 P.B. WYSE ROAD 51.61 P.B. P.B. P.B. 34.93 41.65 98.93 [email protected]
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CBRE CAPITAL MARKETS ATLANTIC CANADA PROPERTY OVERVIEW
FOURTH FLOOR PLAN
PELZANT STREET
P.B. P.B. P.B. P.B. 88.51 78.07 90.43 436.26
2B 1B 2B 1B 1007.46 640.37 1008.65 590.42
P.B. 1B 2B 1B 1B 11.59 625.40 1096.26 620.80 645.54 GEORGE STREET GEORGE WYSE ROAD P.B. P. B. P.B. 391.15 410.66 76.82 [email protected]
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FIFTH FLOOR PLAN
PELZANT STREET
P.B. P.B. P.B. P.B. 52.39 150.37 54.26 74.14
1B 2B 1B 1B 703.63 1248.47 704.38 590.42
P.B. 1B 2B 1B 1B 11.29 625.40 1092.59 624.47 645.54 GEORGE STREET GEORGE WYSE ROAD P.B. P.B. P.B. 57.56 76.43 46.04 P.B. P.B. 38.29 38.29 [email protected]
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SIXTH FLOOR PLAN
PELZANT STREET
P.B. P.B. P.B. P.B. 52.53 150.09 54.40 74.14 1B 2B 1B 1B 705.22 1251.29 705.98 591.71
P.B. 2B 2B 1B 924.39 644.66 10.99 1035.08 GEORGE STREET GEORGE WYSE ROAD P.B. P.B. P.B. 136.25 46.57 452.13 [email protected]
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SEVENTH FLOOR PLAN
PELZANT STREET
P.B. P.B. P.B. P.B. P.B. 51.90 74.92 73.08 53.74 91.65
1B 1B 1B 1B 1B 705.22 632.35 600.20 705.98 591.71
P.B. 2B 2B 1B 11.29 924.39 1035.08 644.66 GEORGE STREET GEORGE P.B. P.B. P.B. WYSE ROAD 67.19 118.72 77.50 [email protected]
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EIGHTH & NINTH FLOOR PLAN
PELZANT STREET
P.B. P.B. P.B. P.B. 120.90 85.89 50.23 91.91
2B 1B 1B 1B 1282.80 707.68 672.01 591.71
P.B. 1B 1B 1B 1B 644.66 7.13 649.68 648.28 648.16 GEORGE STREET GEORGE WYSE ROAD P.B. P.B. P.B. P.B. 39.97 84.82 83.96 54.42 [email protected]
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TENTH FLOOR PLAN
PELZANT STREET
PENTHOUSE PENTHOUSE PENTHOUSE COMMON B. 1381.78 1377.50 1382.57 1241.62
P.B. P.B. P.B. GEORGE STREET GEORGE
308.12 309.81 436.07 WYSE ROAD [email protected]
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CBRE CAPITAL MARKETS ATLANTIC CANADA PROPERTY OVERVIEW
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MARKET OVERVIEW DARTMOUTH
Dartmouth, also known as the “City of Lakes” forms part of the Halifax Regional Municipality (HRM) with an estimated population of 107,223 in 2016 (Sitewise, 2017).
Over the past decade, commercial and residential developments in the area, as well as regional economic expansion, have contributed to a rejuvenation of Dartmouth. A number of quality residential buildings especially in the Downtown Dartmouth area have been completed or are in the completion stage. Dartmouth is connected to Halifax via the MacDonald Bridge, the MacKay Bridge or Ferry service, which is the oldest operational saltwater service in North America and is located at one of the markets main office buildings and home of many government offices; Alderney Gate. The unemployment rate in Halifax (including Dartmouth) as of January 2017 is 5.9% (Statistics Canada, 2017).
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CBRE CAPITAL MARKETS ATLANTIC CANADA MARKET OVERVIEW
H H H H H ersons per household POPULATION AGE DISTRIBUTION ersons per household own POPULATION AGE DISTRIBUTION 42 , 44 ersons per household ersons per household 8 own POPULATION Median age POPULATION TRAVEL 80AGE - 8 DISTRIBUTION AGE DISTRIBUTION ersons per household 42 , 44 8 POPULATION own - AGE DISTRIBUTION Median age POPULATION TO WORK own TRAVEL 80 - 8 42 , 44 0 - 8 8 Median42 , 44 age own TO WORK - Average household Income Median age TRAVEL - TRAVEL 80 - 8 8 80 - 8 42 , 44 0 - 427,000 (2017f) Median age TRAVEL - - rent TO WORK TO 0 - WORK 80 - Average8 household Income - 0 - 0 - TO WORK - - rent 0 - Average household Income Averageother household Income - - 0 - 0 - - niversity rent 0 - Average household Income H rent - - 0 - other EDUCATION H 0 - egree niversity - - rent other 0 - other 0 - - egree EDUCATION 0 - 0 - niversity niversity - - 0 - College IMMIGRATION other - - egree igh chool EDUCATION egree EDUCATION 0 - 0 - - niversity 0 - 0 - EDUCATION - College igh chool - IMMIGRATION 0 - egree ersons per household - - POPULATION 0 - AGE DISTRIBUTION 0 - - College ersons per household Top College Countries of ImmigrantIMMIGRATION rigin H IMMIGRATION 0 - POPULATION niversity igh chool igh chool AGE1 - 1 DISTRIBUTION 0 - - Trade one 0 - iploma/ College IMMIGRATIONown - - Top Countries of Immigrant rigin igh chool nited ingdomown 10 niversity- 1 0 - 8 1 - 1 42 , 44 Trade one 0 - Certificate 0 - 0 8 0 - 42 , 44 Median age Top CountriesTRAVEL of Immigrant iploma/ rigin - 80 - 8 10 - 1 niversity Top Countries of Immigrant rigin 1 - 1 nited ingdom niversity Trade Median age Trade one TRAVEL 00 Certificate- 0 80 - 8 1 - 1 0 - one iploma/ nited tates - 0 - 0 iploma/ immigrants Top Countries of Immigrant TO rigin WORK nited ingdom 10 - 1 10 - 1 niversity nited ingdom .0 4.0 .0 2.0 1.0 0.0 1.0 - 2.0 .0 4.0 .0 1 - 1 00 - 0 Certificate Trade Certificate one ersonsTO per WORK household AGE 0 - DISTRIBUTION 0 - 0 nited tates iploma/ POPULATION 0 - 0 10 - 1 immigrants hilippinesAverage household Income nited ingdom 0 - - .0 4.0 .0 2.0 1.0 0.0 1.0 2.0 .0 4.0 .0 Certificate 00 - 0 00 - 0 Average household Income nited tates own nited tates - 0 - 0 immigrants immigrantsrent .0 4.0 .0 0 - 2.0 8 1.0 0.0 1.0 2.0 hilippines .0 4.0 .0 42 , 44 .0 4.0 .0 2.0 1.0 0.0 1.0 2.0 .0 00 - 0 4.0 .0 rent Median age nited tates TRAVEL 0 - - 80 - 8 immigrants hilippines hilippinesother . 0 4.0 .0 2.0 1.0 0.0 1.0 2.0 .0 4.0 .0 other TO WORK - 0 - - niversity hilippines 0 - - 0 - egree EDUCATION niversity Average household Income - rocessing,EDUCATION - 0 - egree H rent 0 - 0 - - manufacturing rimary College rocessing, Art, culture, utilities industry igh chool IMMIGRATION other - 0 - - recreation College rocessing, manufacturing rimary 0 - igh chool rocessing, niversity IMMIGRATION Art, culture, 0 - - sport EDUCATIONmanufacturing rimary utilities industry - manufacturing rimary HOUSEHOLD egree rocessing, Art, culture, EXPENDITURE recreation - 0 - Art, culture, niversity utilities industry Top Countries of Immigrant rigin 0 - ales service utilities industry manufacturingTrade recreation one sport 0 - 1 - 1 HOUSEHOLD EXPENDITURE recreation iploma/ ersons per household rimary Top Countries of Immigrant rigin - niversityPOPULATION Art, culture, sport nited ingdom AGE DISTRIBUTION1 - 1 10 - 1 ealth Trade sport one Certificate utilities industryCollege igh chool HOUSEHOLDIMMIGRATION EXPENDITURE ales service 0 - iploma/ recreation HOUSEHOLD EXPENDITURE 0 - 0 sport nited ingdomown ales service ealth 10 - 1 - Certificate ales service HOUSEHOLD nited EXPENDITURE tates 8 00 - 0 42 , 44 ealth immigrants 0 - 0 0 - LABOUR ealth Median age TRAVEL Top Countries of Immigrant rigin .0 80 - 48 .0 .0 2.0 1.0 0.0 1 .0 2.0 .0 4.0 .0 atural niversity alesTrade service nited one tates 00 - 0 1 - 1 iploma/immigrants - applied science ealth TO WORK hilippines .0 nited4 . ingdom0 .0 atural2.0 1.0 LABOUR0.0 1.0 2.0 .0 4.0 .0 10 - 1 Certificate FORCE LABOUR atural LABOUR hilippines applied science 0 - 0 - 0 atural Average household Income - 00 - 0 Business, finance applied science ood nited tates FORCE
helter immigrants Management applied science LABOUR rent 0 - Education administration atural Clothing .0 4.0 .0 2.0 1.0 0.0 1.0 2.0 .0 4.0 .0 ealth care
FORCE Business, finance ood FORCE Recreation - applied science Management helter hilippines Education Clothing ood Business, finance other Care ersonal administration ealth care Transportation Recreation helter 0 - Business, financeManagement ood FORCE Education administration Clothing ealth care niversity helter Management Care ersonal Education Recreation Clothing Trades, transport rocessing, administration - Transportation
ealth care
EDUCATION ood Business, finance ousehold operation
Recreation
egree Care ersonal ames of chance (net) helter equipment operators ocial science, education, Management manufacturing rimary Transportation 0 - Education Clothing
administration Trades, transport Care ersonal ealth care Art, culture, Transportation rocessing, ousehold operation government religion utilities industry Recreation - Miscellaneous e penditures recreation Trades, transport equipment operators ocial science, education, ames of chance (net) ousehold operation ersonal Care ersonal ousehold furnishings equipment manufacturing rimary products alcoholic beverages Tobacco CollegeTrades, transport Transportation equipment operators IMMIGRATION ames of chance (net) igh chool ocial science, education, Reading materials other printed matter 0 - government religion
ousehold operation Art, culture, industry sport HOUSEHOLD EXPENDITURE Miscellaneous e penditures articipation Rate: . utilities equipment operators ocial science, education, rocessing, ames of chance (net) ousehold furnishings equipment Trades, transport government religion - products alcoholic beverages Tobacco recreation Miscellaneous e penditures Reading materials other printed matter manufacturing ousehold operation government religion ousehold furnishings equipment rimary products alcoholic beverages Tobacco Miscellaneous e penditures equipment operators ocial science, education, ales service articipation Rate: . 0 - ames of chance (net) sport Art, culture, Reading materials other printed matter ousehold furnishings equipment articipationHOUSEHOLD Rate: . utilities industryTop CountriesEXPENDITURE of Immigrant rigin products alcoholic beverages Tobacco niversity ealth governmentrecreation religion Reading materials other printed matter 1 - 1 or further information regarding demographics, articipation please Rate: contact . a Ali Trade ational I Coordinator one 04. 2. 17 canadamapping cbre.com Miscellaneous e penditures ousehold furnishings equipment This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation iploma/ (“CBRE”). The information set out herein, including, without limitation, any projections, ales images, opinions, service assumptions and estimates obtained from third parties (the “Information”) has not been verified bysport 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. products alcoholic beverages Tobacco HOUSEHOLD EXPENDITURE 10 - 1 Reading materials other printed matter 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 articipation change and any property Rate: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 nited its affiliated or related ingdom companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. or further information regarding demographics, please contact a Ali ational I Coordinator 04. 2. 17 canadamapping cbre.com emographic ources: Canada Location Analytics Mapping canadamapping cbre.com, ealth Environics Analytics.Certificate or further information regarding demographics, please contact ales a Ali service ational I Coordinator 04. 2. 17 canadamapping cbre.com This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”).0 - 0 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. LABOUR 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. This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“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. or further information regarding demographics, atural please contact a Ali ational I Coordinator 04. 2. 17 canadamapping cbre.com emographic ources: Canada Location Analytics Mapping canadamapping cbre.com, Environics Analytics. 00 - 0 The recipient of the Information should take ealth such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. nited The Information may change tates 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. This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporationapplied (“CBRE”). The information science set out herein, including, without emographic limitation, ources:any projections, Canada images, Location opinions, Analytics assumptions Mapping andcanadamapping cbre.com, estimates immigrantsobtained from third Environics parties Analytics. (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 or to verifyfurther the Information information prior to placing any reliance regarding upon the Information. demographics,The Information may change and any please property described contact in the Information a may be Ali withdrawn from ational the market at any I time without Coordinator notice or obligation to the recipient 04. 2. 17 from CBRE. CBRE and the CBRE canadamapping cbre.com 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.0 of their respective4 owners..0 All Rights Reserved. . 0 2.0 1.0 0.0 1.0 2.0 .0 4.0 .0 emographic ources:LABOUR Canada Location Analytics Mapping canadamapping cbre.com, Environics Analytics. atural This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions FORCEof the Corporation (“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 hilippines 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. emographic ources: Canada Location Analytics Mapping canadamapping cbre.com, Environics Analytics. LABOUR applied science atural Business, finance ood Management helter Education FORCE applied science administration Clothing ealth care Recreation FORCE ood Business, finance Care ersonal Transportation
Management helter Education ood administration Business, finance Clothing ealth care helter
Management Recreation Trades, transport Education administration Clothing ealth care ousehold operation Recreation ersonal Care ersonal equipment operators ames of chance (net) rocessing, ocial science, education,Transportation ersonal Care ersonal government religion Transportation Trades, transport manufacturing rimary Miscellaneous e penditures ousehold furnishings equipment Tobacco products alcoholic beverages Tobacco Art, culture, Trades, transport ousehold operation Reading materials other printed matter
industry ousehold operation equipment operators ocial science, utilities education, ames of chance (net) recreation articipation Rate: . equipment operators ocial science, education, ames of chance (net) government religion sport government religion Miscellaneous e penditures HOUSEHOLD EXPENDITURE Miscellaneous e penditures ousehold furnishings equipment Tobacco products alcoholic beverages Tobacco ousehold furnishings equipment products alcoholic beverages Tobacco Reading materials other printed matter articipation Rate: . or further information regarding ales demographics, service articipation Rate: please . contact a Ali ational I Coordinator 04. 2. 17 canadamapping cbre.com Reading materials other printed matter This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“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. ealth 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. Source: Sitewise, Conference Board of Canada, 2017. emographic ources: Canada Location Analytics Mapping canadamapping cbre.com, Environics Analytics. or further information regarding demographics, please contact a Ali ational I Coordinator or further 04. 2. 17 information regarding canadamapping cbre.com demographics, please contact a Ali ational I Coordinator 04. 2. 17 canadamapping cbre.com This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptionsThis disclaimer and shall estimates apply to obtained CBRE Limited, from Realthird Estate parties Brokerage, (the “Information”) and to all other has divisions not been of the verified Corporation by CBRE, (“CBRE”). and CBRE The information does not represent, set out herein, warrant including, or guarantee without limitation,the accuracy, any projections,correctness images, and completeness opinions, assumptions of the Information. and estimates CBRE obtained does notfrom accept third parties or assume (the “Information”) any responsibility has not or beenliability, verified direct by CBRE,or consequential, and CBRE does for not the represent, Information warrant or theor guarantee recipient’s the reliance accuracy, upon correctness the Information. 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. LABOUR 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 otherDARTMOUTH, marks displayed on this document are the property of their respectiveNS owners. |All Rights 169 Reserved. WYSE ROAD 23 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. atural emographic ources: Canada Location Analytics Mapping canadamapping cbre.com, Environics Analytics. emographic ources: Canada Location Analytics Mapping canadamapping cbre.com,applied Environics science Analytics. FORCE
Business, finance ood CBRE CAPITAL MARKETS ATLANTIC CANADA Management helter Education administration Clothing ealth care Recreation ersonal Care ersonal Transportation Trades, transport ousehold operation equipment operators ocial science, education, ames of chance (net) government religion Miscellaneous e penditures ousehold furnishings equipment products alcoholic beverages Tobacco articipation Rate: . Reading materials other printed matter
or further information regarding demographics, please contact a Ali ational I Coordinator 04. 2. 17 canadamapping cbre.com This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“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. emographic ources: Canada Location Analytics Mapping canadamapping cbre.com, Environics Analytics. OFFERING PROCESS
CONFIDENTIALITY The information in the Confidential Information Memorandum (“CIM”) is intended solely for use by parties interested in acquiring 169 Wyse Road. The Confidentiality applies to the CIM and any information provided by the Vendor, the Advisor or any of the Vendor’s other advisors or agents. Any person in possession of the CIM should familiarize themselves with the Confidentiality Agreement before reading, circulating or using the CIM.
GENERAL PROVISIONS The Confidential Information Memorandum (“CIM”) may not be distributed, produced or used without the express written consent of the Vendor or for any purpose other than evaluation of this property.
While the information contained herein is believed to be accurate and reliable as at the date of preparation of this CIM, neither the Vendor, nor any of their respective affiliates, agents, advisors, directors, officers, employees or shareholders, makes any representations or warranties, express or implied, as to the accuracy or completeness of such information. This includes any other written or oral communication by the Vendor, CBRE Limited and employees or any other of the Vendor’s advisors or agents, and each of such parties expressly disclaims any and all liability that may be based on such information or communication, error therein or omissions there from. Only those representations and warranties contained in a definitive purchase agreement shall have any legal effect.
Any projections, including pro forma and estimated financial information contained in this CIM, are based on certain assumptions of information available at the time of preparation of this CIM. Prospective purchasers should conduct their own investigation and analysis of the Property.
INDEMNIFICATION Recipients of this CIM acknowledge that they are principals or investment advisors in connection with the possible acquisition of the Property and agree that they will not look to the Vendor or Advisor, or any of their affiliates for any fees or commissions in connection with the sale of the Property. Prospective purchasers also acknowledge that they have not dealt with any broker, other than the Advisor, regarding the acquisition of the Property.
In no event shall a prospective purchaser or any of its agents or contractors contact any tenant of the Property or any governmental authorities concerning the Property, or make any physical inspection or testing of the Property, without the prior written consent of the Vendor or Advisor.
24 169 WYSE ROAD | DARTMOUTH, NS
CBRE CAPITAL MARKETS ATLANTIC CANADA OFFERING PROCESS
SUBMISSIONS Based on information contained in this CIM and other information that may be made available by CBRE, interested parties are invited to submit offers using their own form of non-binding Letter of Intent (“LOI”). The LOI should outline the terms for the purchase of the Property, including the following information:
1. Total purchase price; 2. Material terms and conditions of the proposal, including time lines; 3. Names and ownership interests of the beneficial owners of the purchaser; 4. A mailing address, e-mail address and fax number for the delivery of notices.
All LOIs must be received by the Vendor’s Advisor (CBRE Limited) at the following address:
CBRE Limited 5855 Spring Garden Road, Suite 300 Halifax, Nova Scotia B3H 4S2 Attn: Andrew Cranmer
The Vendor is under no obligation to accept any offers. Offers should be left open for three business days.
EXCLUSIVE AGENTS All inquiries regarding the Property or any information contained in this Confidential Information Memorandum should be directed to CBRE as follows:
Chris Carter David Zareski Andrew Cranmer Vice President Greenwood Lane Inc. Senior Sales Associate T +1 902 492 2085 T +1 902 478 4744 T + 902 492 2065 [email protected] [email protected] [email protected]
DARTMOUTH, NS | 169 WYSE ROAD 25
CBRE CAPITAL MARKETS ATLANTIC CANADA CBRE CAPITAL MARKETS ATLANTIC CANADA
CBRE Limited
5855 Spring Garden Road For more information, please contact: Suite 300 Halifax, NS B3H 4S2 CHRIS CARTER DAVID ZARESKI ANDREW CRANMER T 902 492 2090 Vice President Greenwood Lane Inc. Senior Sales Associate F 902 492 2091 T +1 902 492 2085 T +1 902 478 4744 T +1 902 492 2065 [email protected] [email protected] [email protected] www.cbre.ca