909 5Th Avenue SW

909 5th Avenue SW

CALGARY, AB

NICHOLAS EARL GRAHAM DANIEL AMY MUELLER Senior Associate Senior Associate Client Project Coordinator + 1 403 215 9866 + 1 403 538 2509 + 1 403 298 0433 [email protected] [email protected] [email protected] Executive Summary Investment Highlights

Carscallen LLP, in its capacity as court-appointed receiver and • Offering represents a rare opportunity for a manager of the property (the Receiver), assets and undertakings company to purchase and occupy their own of Safeguard Real Estate Investment Fund II Limited Partnership, building; Lavalin L.P. Investment Corp. and over the SNC Lavalin Building(the • Over $750,000 of capital improvements over “Property”) located at 909 5th Avenue SW, has retained Colliers the past five years International, hereinafter referred to as “Colliers”, as the Vendor’s exclusive Selling Officer to assist the Vendor in marketing for sale a • Property is improved with a unique cogeneration 100% interest in the Property, commonly known as the SNC Lavalin boiler (significantly lowering all operating Building. costs) • CR20 – C20/R20 zoning – highest maximum As a fully vacant building of 129,416 Square Feet (Gross Measured Area), allowable density factor available in the City; the offering represents a superb and unique opportunity for a company to purchase and occupy their own building, affording them the valuable benefits • Excellent West Core location, offering a broad of exposure and naming rights, the ability to control their future growth selection of retail and service amenities; requirements, and also the ability to build equity through real estate. • Close proximity to LRT line, offering superb and convenient access to and from anywhere Located in Downtown Calgary’s West Core, the property offers its tenants in the City; a broad selection of retail and service amenities, convenient access to the LRT line and proximity to both the Beltline and to Kensington residential and • Proximity to both the Beltline and Kensington; shopping District. • Opportunity for investor to partake in Calgary’s recovering office market; The property will be sold through a court-mandated process with a listing price of $18,500,000 ($143 Per Square Foot). • Opportunity for strata-title office suite conversion as possible exit strategy - The Selling Officer and Receiver are encouraging all bids. Condominium Plan prepared

All Offers subject to Court Approval

2 PROPERTY OVERVIEW

Property Vendor

909 - 5th Avenue SW The Court of Queen’s Bench of Alberta

Legal Address Gross Measured Area First: Plan 3790P 129,416 Square Feet Lot A Excepting Thereout: (As to surface only) A Portion for Street Widening on Plan 8211788 Operating Costs

Second: $14,40 per square foot Plan 3790P Lot B Excepting Thereout: (As to surface only) Parking A Portion for Street Widening on Plan 8211788 54 underground stalls Third: Plan 3790P Lot C Size Excepting Thereout: (As to surface only) A Portion for Street Widening on Plan 8211788 Building 0.33 acres (14,375 square feet)

Fourth: Plan 3790P Year Built Lot D Excepting Thereout: (As to surface only) 1978 A Portion for Street Widening on Plan 8211788 Land Use Designation

CR20-C20/R20

3 4 7

9 Food, Drink & Grocery AMENITIES 1. Marcello’s Market and Deli 9. State & Main 2. Solly’s Spirits & Wines 10. Starbucks 3. Tim Hortons 11. Ceili’s Modern Irish Pub 4. Moxie’s Grill & Bar 12. Bonterra Trattoria 1 5. Subway 13. Beer Revolution 6. McDonald’s 14. Brewsters 7. Waves Coffee House 15. Safeway 2 KENSINGTON SHOPPING DISTRICT 8. Paper St 16. Co-op

Services

1. U of C Downtown Campus 6. Enterprise Rent-A-Car 2. Budget Car & Truck Rental 7. Globe Cinema 909 5th 1 Ave. SW 3. Scotiabank 8. BMO Bank of Montral 2 4. RBC Royal Bank 9. RBC Royal Bank 5. TD Canada Trust Bank 3 4 2 3 2 1 Wellness 4 4 5 3 5 1. The Calgary Centre for Health 5. FRESH! Fitness 6 1013 1 7 3 4 6 8 2. Downtown Acupuncture & 6. Anytime Fitness 2 1 9 5 Massage 7. Calgary Core Physiotherapy 5 11 9 7 6 5 3. LIV Yoga + Wellness 8. Sheldon M. Chumir Health 4. Pharmasave Centre

Parks & Recreation 16 12 13 14 1. Prince’s Island Park 5. Devonian Gardens 2. Shaw Millennium Park 6. Barb Scott Park 15 3. Century Gardens 7. Riley Park 4. Courthouse Park 6 8 Shopping

1. The CORE Shopping Centre 3. 17th Avenue Shopping District 2. Kensington Shopping District

5 6 th 5 909 Ave. SW Ave.