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Downtown Winnipeg Office Building & Mixed-Use

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Downtown Winnipeg Office Building & Mixed-Use DOWNTOWN WINNIPEG OFFICE BUILDING & MIXED-USE DEVELOPMENT SITE 105,000 SQ. FT. OFFICE BUILDING ON 2.0 ACRES OF LAND INVESTMENT OPPORTUNITY THE OPPORTUNITY Capital Commercial Investment Services (“Capital”) is pleased to offer for sale a 100% interest in one seven-storey office building (280 Broadway), one 15-suite apartment building (70 Smith St.) and three surface parking lots (68 Smith Street and two others without civic addresses) in Winnipeg, Manitoba (the “Properties”). With significant frontage on Broadway, Smith Street and Donald Street, the Properties include over 100,000 square feet of developed office space on 2 acres of land prominently located at one of the main access points into the city’s Downtown. The Properties represent a unique opportunity to acquire a high-quality office building with excellent development upside potential for investors and end-users. PROPERTY DETAILS SITE AREA 2.0 acres (87,437 sq. ft.) PARKING 202 parking stalls 197’ - Broadway TOTAL FRONTAGE 480’ - Smith Street 330’ - Donald Street OCCUPANCY 86.2% TENANTS PWGSC, Province of Manitoba and Royal Bank WALT 6.57 years BUILDING DETAILS - 280 BROADWAY BROADWAY BUILDING AREA 105,341 sq. ft. 280 Broadway AVERAGE FLOOR PLATE 15,888 sq. ft. NUMBER OF STOREYS 7 280 Broadway YEAR BUILT 1957 KEY ATTRIBUTES OF THE OFFERING INCLUDE SMITH STREET STREET SMITH SMITH » Strategically located in the Downtown with ease of access to all quadrants of the City » Existing revenue streams offer income stability with growth potential 70 Smith Street » Potential commercial or residential development on excess land GARRY STREET STREET GARRY GARRY » Significant recent capital investments in 280 Broadway HARGRAVE STREET 68 Smith Street » Recent lease extension with PWGSC completed at 280 Broadway » Lease obligated parking revenue provides protection against income fluctuation DONALD STREET HARGRAVE PLACE ELLEN DAGMAR ELGIN UNITED WAY CHINESE CULTURAL CENTRE RUPERT JAMES RED RIVER DISRAELI FREEWAY CAMPUS UKRANIAN CULTURAL CENTRE BANNATYNE PUBLIC WILLIAM SAFETY WINNIPEG BUILDING CITY HALL MARTHA MCDERMOT COUNCIL THE MANITOBA BUILDING MAIN MUSEUM CENTENNIAL PLANETARIUM CONCERT HALL PARKADE MARKETOLD MARKET PANTAGES NOTRE DAMEHARGRAVE SQUART PLAYHOUSE LILYWAREHOUSEMTC CENTRAL PARK CUMBERLAND ADELAIDE JAMES QU’APPELLE ARTSPACE EDMONTON PRINCESS EXCHANGE DISTRICT THE JOHNHIRSCH KENNEDY THEATRE KING BERTHA ARTHUR 1.5km BURTON N.R.C.C. CUMMINGS PORTAGE & MAIN THEATRE ALBERT ELLICE EXCHANGEGRAIN DUCKWORTH RICHARDSON CENTRERORIEBUILDING CENTRE WEBB 201 AIR PORTAGE LOMBARD VAUGHAN CANADA CIBC BLDG. PORTAGE & MAIN THE PROMENADE AIR FORT COLONY FAIRMONT BALMORAL CANADA GARRY MAIN HOTEL SMITH SPENCE PARK PORTAGE PLACE EXCHANGE HARGRAVE WINNIPEG DOCK CARLTON BELL SQUARE PORTAGE EDMONTON MANITOBA WATERFRONT DR UNIVERSITY OF WINNIPEG KENNEDY HYDRO MTS PLACE PIONEER WESTBROOK THE VAUGHAN PLACE PLUG TO ST. JAMESGOOD BAY MILL IN WILLIAM STEPHENSON WAY MEMORIAL 8.5km COLONY GRAHAM MALL (TRANSIT/CYCLISTS ONLY) JAMES ARMSTRONG ROYAL TRUE CITYPLACE DONALD MILLENIUM RICHARDSON WINNIPEG LIBRARY WINNIPEG WINNIPEG BALLET NORTH POLICE WESLEY Shaw INTERNATIONAL ART SERVICES GALLERY SQUARE HEADQUARTERS Park AIRPORT MILLENIUM ST. MARY’S LIBRARY CATHEDRAL PARK ST. MARY AVE. STEPHEN JUBA RED RIVER PARK JAPANESE OSBORNE GARDEN RBC CONVENTION YORK GARRY PROVENCHER BRIDGE TO CENTRE FORT MEMORIAL LAW CANADIAN MUSEUM ST. BONIFACE 550m PARK COURTS FOR HUMAN RIGHTS RBC CONVENTION REVENUE CANADA PIONEER BLVD CENTRE WINNIPEG SITE ESPLANADE RIEL BROADWAY union KENNEDY BALMORAL CARLTON HARGRAVE DONALD SMITH station EDMONTON FORKS MARKET RD FORT GREAT WEST LIFE BUILDING GARRY UPPER MAIN FORT HOTEL GARRY GATE MANITOBA LEGISLATURE ASSINIBOINE THE FORKS BONNYCASTLE HERITAGE PARK 800m LANDING THE FORKS ASSINIBOINE RIVER Capital Commercial INVESTMENT SERVICES Trevor Clay Bryn Oliver Luke Paulsen Principal Principal Advisor - Sales & Leasing 204-985-1365 204-985-1379 204-985-1358 [email protected] [email protected] [email protected] 2nd Floor, 570 Portage Avenue, Winnipeg, MB | T 204.973.5700 | F 204.956.2783 | capitalgrp.ca Disclaimer: Capital Commercial Real Estate Services Inc. (“Capital”) does not accept or assume any responsibility or liability, direct or consequential, for the information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties. This information has not been verified by Capital, and Capital does not guarantee the accuracy, correctness and completeness of this information. The recipient of this information should take such steps as the recipient may deem necessary to verify the information in this document prior to placing any reliance upon it. The information may change and any property described in this document may be withdrawn from the market at any time without notice or obligation to the recipient from Capital. .
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