25,000 sq ft Building Lease Renewal for Le Groupe Master SEC

NAI Commercial is helping Le Groupe Master SEC with the renewal of a lease in Saint-Laurent. Paul-Eric Poitras and Alain Coté were hired for the renewal of the 25,000 square feet building on Lebeau Street in Ville Saint-Laurent. They have negotiated a long-term agreement with Rosdev to the satisfaction of both parties. The space is currently being used for administrative offices, a warehouse and a store. The space will also be renovated.

Subleased for Havi Logistics' First Class Distribution Facility in Richmond, BC

Cole Maedel & Aleem Thaver of NAI Commercial represented sub-landlord Havi Logistics to sub-leased 46,946 sf of first class distribution facility at 21771 Fraserwood Way, Richmond, B.C.
to H-Cold Storage. Transaction Value: $2.95 Million.

Sub-Leased 38,000 sf First Class Distribution Facility in Calgary, Alberta

Stuart Myron and Daniel Goldstrom NAI Commercial Calgary represented Havi Logistics sub-lease 38,000 sf first class refrigerated distribution facility at 11195 - 42nd St SE, Calgary to Transcold Distribution. Transaction Value: $1.855 Million

$12 Million Court Ordered Sale Multi-Residential Development Site in Surrey for HSBC Bank Canada

NAI Commercial is pleased to announce the Court Ordered Sale of the property at 13718-100th Avenue in Surrey, B.C., for HSBC Bank Canada. The property totals 2.49 acres – zoned multi-residential for a total of 662,000 square feet of buildable space – with an asking price of $12.9 million. The Buyer was Concord Pacific, currently completing the neighbouring Infinity Towers.

The transaction was done by Senior Vice President & Managing Broker Gary Haukeland and J-D Murray of our Vancouver Office. For more information, contact Gary Haukeland and J-D Murray at (604) 683-7535 or Greg McPhie, Managing Partner – B.C. at (604) 691-6643.

Intermark Transport Inc. is installing their facilities in La Prairie, Quebec

Intermark Transport Inc. has been looking to move to a new larger location for a while. With the help of NAI Commercial, Intermark Transport Inc. was able to acquire a class “A”, industrial building, located at 800 Saint-Jose in LaPrairie. This 30,000 square foot building, sitting on over 300,000 square feet of land, will serve as a hub for Intermark’s business across Canada.

Important Project in Saint-Hubert, Quebec

NAI Commercial is pleased to have participated in an important project in Saint-Hubert. The Coopérative funéraire de la Rive-Sud will be set up on a redeveloped site on Boulevard Cousineau and Route 116.

Transformation of the former Teddy’s restaurant site will require works costing some $2.5M, to include expansion of the existing building from its current 5,300 square feet to 8,250 square feet. Agents Richard Sauvé and Alhassane Bah accompanied the seller and the purchaser throughout this transaction.

Recent Apartment Buildings Sold in Coquitlam and Burnaby

NAI Commercial, Vancouver - NAI Commercial agents Terry Harding and Jackson Tang sold the following:

Deal: 48-unit apartment building, Austin Ave, Coquitlam. Sold for vendor Smallwood/Vine to buyer Robert Lee Ltd. Price: $5.17 million

Deal: 36-unit apartment building on Gilmore Ave, Burnaby. Sold to buyer Richland Ent. Price $4.4 million.