............................................. We are pleased to present the Q2 2019, Investment Multi- Property Report. Brochures are linked (online) to each property for more information. Please feel free to contact any member of the Blackstone Commercial team for further information. Feature Properties 1509-1511 14 Ave SW . 2 Wedgewood Arms . 2 2 Cochrane Park Plaza. 3 Heritage Hills . 3 For Sale in Q2 2019 Alberta MULTI-PROPERTY REPORT Calgary . 2 Cochrane . 3 Stavely . 3 INVESTMENT Medicine Hat . 4 Leased / Sold . 4 Investment Market Forecast and Trends . 5 Team Contact Info . 6 2 3 ............................................. Blackstone Commercial is YOUR COMPLETE REAL ESTATE SERVICE PROVIDER. 3 9705 Horton Road SW, Unit A210 Calgary, Alberta, T2V 2X5 (403) 214-2344 www.blackstonecommercial.com FOR SALE Available Area 1509 - 1511 14 Avenue SW, Calgary AB Site Size Asking Price 50 ft x 120 ft (6,000 sq. ft.) $1,195,000 • Prime Sunalta location • Close to restaurants and shops on 17th Avenue • Gross rent $69,000, NOI $44,800 • 4 tenants in 1509, 2 tenants in 1511 • 50 ft x 120 ft (6,000 sq. ft.) Contact Information Grant Potter. direct: 403 398 7182 FOR SALE Wedgewood Arms Available Area 1730 - 11 Street SW, Calgary, AB Size Asking Price 50 ft X 130 ft (6,500 sq. ft.) $2,995,000 • Concrete 2½ storey walk-up in Lower Mount Royal. • 80% of suites recently renovated. • Recent boiler and hot water tank replacement, separate meters. • Building reports available • Suite Mix 16 - One Bedroom Contact Information Grant Potter. direct: 403 398 7182 FOR SALE Available Area 1735 13 Street SW, Calgary, AB Site Size Asking Price 50 ft x 139 ft (6,969 sq. ft.) $2,275,000 • Prime inner-city location, views from upper suites • Close to restaurants and shops on 17th Avenue • Tenants can walk to the downtown core • Roof replaced 2005 ± • Suite Mix: 1 - Bachelor 8 - One Bedroom 4 - Two Bedroom 13 total Contact Information Grant Potter. direct: 403 398 7182 2 9705 Horton Road SW, Unit A210 Calgary, Alberta, T2V 2X5 (403) 214-2344 www.blackstonecommercial.com FOR SALE Cochrane Park Plaza Available Area 105-1 Avenue East, Cochrane, AB Size Asking Price Irregular $1,590,000 • Cochrane’s population has increased 50% in the last seven years • 50% of Cochrane’s workforce are employed in town • Suite Mix 5 - One Bedroom 4 - Two Bedroom 9 - total suites • Stable tenancy, close to shops and restaurants Contact Information Grant Potter. direct: 403 398 7182 FOR SALE Available Area 20 Acres, Heritage Hills, Cochrane, AB Size Asking Price 20 ± Acres $4,950,000 • Located in the northwest area of Cochrane in Heritage Hills • 20 Acres of Single Family and Multi-Residential land • The property is currently zoned Residential - single family and multi 1A - BOW VALLEY TRAIL • Stage 2 neighbourhood plan • Phase 1 Environmental assessment was completed SITE • Proposed to include 98 single family lots & 51 townhouse lots • No Wetland Reserve issues Contact Information Grant Potter. direct: 403 398 7182 FOR SALE Available Area 5721 - 52nd Street, Stavely, AB Building Size Bay Size Range 7,579 sq. ft. (rentable) 1,833 Sq. ft. - 1,924 sq. ft. 8,000 sq. ft. gross plus mezzanine Price $779,000.00 (total building) • Build out of front office, mezzanine and washroom available • Bay sizes range from 1,833 sq. ft. to 7,579 sq. ft. • Number Of Bays: 4 • Excellent exposure to Highway 2 • Vendor financing available (OAC) • Drive-in loading with large marshaling areas Contact Information Grant Potter. direct: 403 398 7182 3 9705 Horton Road SW, Unit A210 Calgary, Alberta, T2V 2X5 (403) 214-2344 www.blackstonecommercial.com FOR SALE Available Area 757 - 12 Street NW, Medicine Hat, AB Site Size Asking Price 26,096 ± sq. ft. $2,125,000 • Suite Mix: 600 ± sq. ft. - 5x One Bedrooms 750 - 840 ± sq. ft. - 18x Two Bedrooms 16,500 ± sq. ft. - 23 Suites • Building has a history of stable occupancy • 23 suite apartment complex, NW location • 13 of 23 suites recently renovated • Roof 16 years old, wide hallways, dura deck on balconies • Majority of windows replaced • Large site with ample parking Contact Information Grant Potter. direct: 403 398 7182 SOLD Available Area 1116-20 16 Avenue SW, Calgary, AB Size Asking Price 9,750 sq. ft. (75 ft x 130 ft) $2,395,000 • Zoned Multiresidential - Mixed Use • 75 feet of frontage • 9,750 sq. ft. site with GFA of 5, option to gross up to 7 • Located just south of Calgary’s downtown core • Level, rectangular site • Facing 17th Avenue retail strip • Land Use: CC.MHX,SOLD Centre City Contact Information Grant Potter. direct: 403 398 7182 SOLD Available Area 225 Lougheed Road, Kelowna, BC Site Size Sale Price Main Floor 1,100 ± sq. ft. 1.04 ± Acres $2,400,000 • Available: Please contact Agent • Building: 7,860 ± sq. ft. over 2 floors • Multiple Design Build / Build to Suit options available with a variety of approved uses • Class A office space • Large lot with room for expansion • Plans for additional 18,200 square foot office building • Sale LeaseSOLD back opportunity available Contact Information Ian Burak . direct: 403 291 8866 4 9705 Horton Road SW, Unit A210 Calgary, Alberta, T2V 2X5 (403) 214-2344 www.blackstonecommercial.com Sales Transactions Q2 Calgary, AB 11611 OAKFIELD DR SW 6347 BOWVIEW RD NW Price Breakdown: $144,611 / Suite Price Breakdown: $175,675 / Townhouse Sale Price: $18,221,000 Sale Price: $13,000,000 Lot Size: 3.92 Acres / Building Area 126 Suites Lot Size: 5.92 Acres / Building Area 74 Townhouses Sale Date: 05/27/2019 Sale Date: 06/04/2019 Subdivision: Cedarbrae Subdivision: Bowness Category: Multi-Family / Low Rise Category: Multi-Family / Townhouse Investment Market Forecast and Trends Calgary Demographics Cap Rates (Q2 2019) Population (2019 estimated) 1,538,573 Class A 6.25 7.00 Median Age 36.6 years Class B 7.75 8.50 Calgary Unemployment 6.7% (July2019) A Class Industrial 5.00 5.50 B Class Industrial 5.75 6.25 Oil ($US/bbl) Regional 4.75 5.25 June Trend 2018 2019 Change Power 5.75 6.25 WTI 67.32 54.71 -18.7% Neighbourhood 5.30 6.00 Brent 75.94 63.04 -17.0% Strip 5.50 6.00 WCS 46.59 41.34 -11.3% Consumer Price Index Building Permits (Calgary) - x 1,000 June Trend 2018 2019 Change May Trend 2018 2019 Change Alberta 140.7 142.7 1.4% Industrial 5,001 23,821 376% Energy 172.0 157.6 -8.4% Commercial 143,046 220,187 54% Food 143.2 149.5 4.4% Institutional/Gov’t 31,975 35,689 12% 5 9705 Horton Road SW, Unit A210 Calgary, Alberta, T2V 2X5 (403) 214-2344 www.blackstonecommercial.com For further information, please contact any of our experienced real estate professionals: Shane Olin Marlene Zaharichuk President Vice President / Property Manager Broker direct: 403 313 5309 direct: 403 313 5305 cell: 403 805 5600 [email protected] [email protected] Ian Burak Sandra Easton Senior Associate / Sales & Leasing Associate direct: 403 291 8866 direct: 403 291 8873 cell: 403 466 7841 cell: 587 777 3545 [email protected] [email protected] Grant Potter Stacey Busse Associate Associate direct: 403 398 7182 direct: 403 3313 5308 cell: 403 870 4953 cell: 403 463 9912 [email protected] [email protected] Rebecca Breneman David Mulholland Associate Associate direct: 403 291 8863 direct: 403 291 8869 cell: 403 831 2553 cell: 403 714 5539 [email protected] [email protected] For General Enquiries connect with us: [email protected] / (403) 214-2344 Head Office: Unit A210, 9705 Horton Road SW, Calgary, Alberta, T2V 2X5 | P (403) 214-2344 Red Deer Office: Saskatoon Office: Kelowna Office: Unit 107, 6439 67th Street, Unit 210, 350 3rd Avenue N, 206, 1441 Ellis Street, Red Deer, Alberta, T4P 1A3 Saskatoon, Saskatchewan, S7K 2J1 Kelowna, BC, V1Y 2A3 P (403) 214-2344 P (306) 952-4999 P (250) 434-4424.