FOR LEASE UNIQUE RETAIL OPPORTUNITY

CUBE CONDOMINIUMS 5360 West

For more information, please contact Montréal’s Private Capital Group: Mark Sinnett Armen Markarian Senior Vice-President Representative (leasing) Real Estate Broker Real Estate Broker 514.849.6441 514.849.3539 [email protected] [email protected] Highlights

Location • Minutes away from Vendôme metro station and well- serviced by public transit. • Near Westmount’s principal retail node, which features a high number of important retailers. • Adjacent to the MUHC’s new Super-Hospital. • Easily accessible via Highways 15 and 720. • Busy intersection with important automobile traffic. • Area to undergo revitalization following the multi-million dollar investment in the super-hospital.

Construction • New construction. • High ceilings, large façades and good fenestration. • Good signage opportunity. • High occupancy rate for the project.

Market • Montréal’s most densely populated borough. • Proximity to Westmount’s market.

Property Specifications

Space 5

Space 4

Located at 5360 Sherbrooke Street, on the Space 3 corner of Prud’homme Street (Côte-des- Neiges/Notre-Dame-de-Grâce borough) Space 2 7,944 SF of commercial space • Space 1: 2,421 SF • Space 2: 1,353 SF • Space 3: 1,479 SF • Space 4: 1,188 SF Space 1 • Space 5: 1,503 SF

86% of Cube Condominium’s 70 residential units have sold.

Net Asking Rate: $35.00 psf

PRIVATE CAPITAL GROUP | MONTRÉAL Cube Condominium | Page 2 Retail Environment u toro te A écarie D

Sherbrooke Street

MUHC «Super-Hospital»

PRIVATE CAPITAL GROUP | MONTRÉAL Cube Condominium | Page 3 Market Overview

While the property is located in the Côte-des-Neiges/Notre-Dame- de-Grâce borough, it benefits greatly from its proximity to the City of Westmount and its location within Westmount’s main commer- cial neighbourhood.

The City of Westmount stands out from other boroughs for its exceptional quality of life and its numerous luxurious residences. Within proximity of downtown Montréal, it remains a mainly re- sidential community. Household incomes in Westmount are ap- proximately 32% higher than for the Montréal average, resting at $221,994. The renter versus owner ratio in Westmount is almost equal, with 50.4% renting and 49.6% owning. The median sale price of single-family homes in the past years was $1,331,250, comparatively to the GMA price of $375,000. The sector’s econo- mic activity is healthy with a low unemployment rate of 4.9 %. The employment sector is mainly represented by the professional, scientific and technical services which accounts for 18% of the working population. Major employers include the Union of Public Employees, Dale Parizeau Morris, MacKenzie, and Xerox Canada. The area is expected to benefit from the construction of the McGill University Health Center’s Glen Campus ($1.343 billion). Westmount’s economic situation promotes the establishment of upscale retail shops and professional firms such as law firms and medical clinics.

In comparison, the CDN/NDG borough is one of the most densely populated and diverse borough of the island of Montréal. It is home to 165,031 inhabitants, representing 10% of the island’s population. The household income here is significantly lower than in neighbouring Westmount, resting at $66,477. Of note, 23% of the population earn below this figure and the unemployement rate was of 10.4% in 2009. The median price of single-family homes in this area is of $575,000. Condominiums and plexes sell for $322,450 and $553,750 respectively. Health services account for 25.7% of all jobs in the borough and teaching follows with a rate of 19.4%. Over 57% of businesses count between 1 and 4 employees and establishments with more than 200 employees account for only 1%. The top 5 employers are Condordia University, Université de Montréal, the Jewish General Hospital, HEC Montréal and Saint-Mary’s Hospital.

TRAFFIC COUNT

Pedestrian Count (per day) 1,615 3,616 1,919 ven u e ven u e A A u toro te

Srherbrookeue Sherbrooke Sreet O Wueesstt A Srherbrookeue Sherbrooke Sreet O Wueesstt en d ô m e iro u ar d écarie V G D Automobile Count (per day) 15,885 17,637 9,736

HOUSEHOLD INCOME - Côte-des-Neiges/Notre-Dame-de-Grâce HOUSEHOLD SPENDING - Côte-des-Neiges/Notre-Dame-de-Grâce 2% 1% 2% $ 100,000 and over 16.7% Food $ 90,000 - $99,999 3.4% 12% Shelter 5% $ 80,000 - $89,999 4.0% Household operation 2% $ 70,000 - $79,999 5.0% Household furnishings and equipment 3% $ 60,000 - $69,999 6.1% Clothing $ 50,000 - $59,999 7.8% Transportation $ 40,000 - $49,999 9.7% Health care 11% $ 30,000 - $39,999 11.4% Personal care 21% $ 20,000 - $29,999 12.7% Recreation $ 10,000 - $19,999 13.3% Education 5% Under $10,000 9.9% Tobacco products and alcoholic beverages 3% 5% Miscellaneous expenditures 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0%

PRIVATE CAPITAL GROUP | MONTRÉAL Cube Condominium | Page 4 About CBRE About the Private Capital Group

CBRE is the world’s premier commercial real estate firm, with The Private Capital Group represents private investors and more than 200 years of experience in helping clients successfully owners in marketing, trading, and leasing commercial and navigate the ever-changing world of real estate. Our guiding semi-commercial assets. philosophy is «navigating a New World» — a demonstration of our commitment to help our clients foresee the landscape Our commercial leasing division is focused on agency ahead, steer through the obstacles and seize opportunities. representation and seeks to maximize the value of your property by targeted reputable users and retailers. We are present in A pioneer in the industry, CBRE was the first globally integrated all of Montréal’s most important urban markets, from Sainte- real estate services firm with wholly-owned and managed Catherine Street, du Mont-Royal Avenue and Saint-Laurent operations in virtually every major business capital of the world. Boulevard to the well-established markets of Outremont and Ahead of our competitors, we recognized the growing demand Westmount and the up-and-coming boroughs of Sud-Ouest for multi-market real estate service, and in the 1960s, began and HOMA. expanding our reach to cultivate global capabilities. Our marketing strategies have been developed and honed to Today, we operate more than 400 offices in 64 countries and meet our clients’ needs, the unique features of their spaces, over 34,000 employees worldwide. In Canada, CBRE has 1,850 and the potential ideal tenants. They rest upon a complete and employees and serves clients through twenty offices strategically thorough understanding of Montréal’s urban retail landscape located in Calgary, Edmonton, Halifax, Kitchener, London, and our database of over 2,500 local, provincial and national Montreal, Ottawa, (3 offices), Saint John, Vancouver and retailers and users. Our team collaborates with brokers, Winnipeg. Our powerful presence in the marketplace enables us investors and owners to stay ahead of market trends, to harness to provide a range and quality of services that is unparalleled. the competitive nature of the leasing market and to exploit new CBRE combines the people; services and knowledge to best opportunities as soon as they arise. meet the needs of each individual client. We believe that our system, exclusive to the team, is unparalleled in the Montreal market.

For more information, please contact Montréal’s Private Capital Group: Mark Sinnett Armen Markarian Senior Vice President Representative (leasing) Real Estate Broker Real Estate Broker 514.849.6441 514.849.3539 [email protected] [email protected]

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.