for lease - Localalouer.ca

FOR LEASE
3545 BERRI STREET, MONTRÉAL
Office space with direct entrance to the Sherbrooke metro station
and just north of the popular Quartier Latin
Full commission for collaborating brokers
Mark Sinnett
Senior Vice President
Real Estate Broker
514.849.6441
[email protected]
Armen Markarian
Sales Representative
Real Estate Broker
514.849.3539
[email protected]
Features
Up to 17,500 square feet of office space available for lease
Can be divided according to the tenant’s requirements.
Please contact us for leasing rates.
Direct entrance to the Sherbrooke metro station and well-serviced by public transit (buses #24, 30, 125, 144, 356, and 361).
Approximately 50 indoor parking spaces available.
Proximity to the intersection of Sherbrooke Street East and Saint-Denis Street, which benefit from heavy pedestrian and
automobile traffic: over 20,000 cars and 4,250 pedestrians per day.
Located just north of the vibrant Quartier Latin area, a popular neighbourhood for students, young professionals, artists and
emerging musicians, which features a wide range of bars, pubs, local breweries, small restaurants and trendy boutiques,
as well as the Théâtre Saint-Denis, the Cinémathèque québécoise and the National Film Board.
OFFICE
OFFICE
CAFETERIA
OFFICE
PRIVATE CAPITAL GROUP | MONTRÉAL
3545 Berri Street | Page 2
Area Overview
PROPERTY LOCATION
LOCATION WITHIN THE PLATEAU MONT-ROYAL BOROUGH
SHERBROOKE METRO STATION
SAINT-DENIS STREET - MAMI CLAFOUTI
SAINT-DENIS STREET - CAFÉ CHERRIER
INSTITUT DE TOURISME ET DE L’HÔTELLERIE DU QUÉBEC
PRIVATE CAPITAL GROUP | MONTRÉAL
3545 Berri Street | Page 3
The Plateau Mont-Royal Borough
Overview
The Plateau-Mont-Royal borough is located just north of
downtown Montréal. Originally a working-class neighborhood,
it became the place where many writers, singers and artists lived
and worked during the 1960s and 1970s. In the 1980s, the
area’s bohemian flair and proximity to McGill University attracted
gentrification. Characterized by wrought-iron staircases, oldstyle stone masonry and walk-up duplexes, the Plateau MontRoyal has since become a very popular place to live and visit.
Demographics
According to Statistics Canada (2012), the Plateau’s population
grew by 2.3% since 2007 and is forecasted to increase by another
1.3% in the next five years. Home to 104,506 inhabitants, it is
– with 8.1 square kilometer area – the most densely populated
borough in Montréal. In comparison, the Montréal island
population grew by 1.8% since 2006. The Plateau’s median
age is 36.4 years old, with the largest proportion in the 25 to
34 age range.
Real Estate
Most Plateau residential structures were built after 1946 and the
dominant dwelling types remain low- and high-rise apartments.
Owners represent only approximately 30% of the population,
with the majority renting. In the past year, single-family homes
sold for $670,000; condominiums for $330,000; and plexes
(two to five units) for $660,000. These figures are much higher
than for the rest of the Island of Montréal where single-family
homes sold for $375,000; condominiums for $267,500; and
plexes for $440,000. The most recent new condominium project
completed in the Mont-Royal borough is 333 Sherbrooke where
units ranging between 812 and 2,755 square feet are currently
selling for $300,000 to $1,000,000.
PRIVATE CAPITAL GROUP | MONTRÉAL
Employment
Over 57,000 jobs are found in the area, with a significant
proportion found in the technology, arts and culture, and hotel
and leisure sectors. The largest companies in the borough
include Astral Media Radio Inc. and CBC Radio Canada 93.5
FM, both of which are located on René-Lévesque East. Other
major employers include Gaz Métro Inc. and Groupe TVA Inc.
Retail
In comparison to downtown Montreal and the many bedroom
communities on and off the Island of Montréal, the Plateau offers
a distinctive urban retail environment void of mega shopping
centers and strip malls. Commercial properties along key arterial
roads are typically not exclusively retail, but are comprised of a
mix of retail, office, residential, showroom, studio and boutique
hotel uses. In addition, properties are typically smaller lots, and
thus do not cater to large-format name-brand retailers or bigchain restaurants, favouring unique boutiques, small cafés and
trendy restaurants and clubs. There are very few parking lots
of scale, thus customers are encouraged to stroll at a leisurely
pace and window shop. The Plateau’s prime commercial areas
do not cater to normal working hours, but open early and close
late, weekdays and weekends, all four seasons. The Plateau is
the actual prototype of the lifestyle center.
3545 Berri Street | Page 4
About CBRE
About the Private Capital Group
CBRE is the world’s premier commercial real estate firm, with
more than 200 years of experience in helping clients successfully
navigate the ever-changing world of real estate. Our guiding
philosophy is «navigating a New World» — a demonstration
of our commitment to help our clients foresee the landscape
ahead, steer through the obstacles and seize opportunities.
The Private Capital Group represents private investors and
owners in marketing, trading, and leasing commercial and
semi-commercial assets.
A pioneer in the industry, CBRE was the first globally integrated
real estate services firm with wholly-owned and managed
operations in virtually every major business capital of the world.
Ahead of our competitors, we recognized the growing demand
for multi-market real estate service, and in the 1960s, began
expanding our reach to cultivate global capabilities.
Today, we operate more than 400 offices in 64 countries and
over 34,000 employees worldwide. In Canada, CBRE has 1,850
employees and serves clients through twenty offices strategically
located in Calgary, Edmonton, Halifax, Kitchener, London,
Montreal, Ottawa, Toronto (3 offices), Saint John, Vancouver and
Winnipeg. Our powerful presence in the marketplace enables us
to provide a range and quality of services that is unparalleled.
CBRE combines the people; services and knowledge to best
meet the needs of each individual client.
Our commercial leasing division is focused on agency
representation and seeks to maximize the value of your property
by targeted reputable users and retailers. We are present in
all of Montréal’s most important urban markets, from SainteCatherine Street, du Mont-Royal Avenue and Saint-Laurent
Boulevard to the well-established markets of Outremont and
Westmount and the up-and-coming boroughs of Sud-Ouest
and HOMA.
Our marketing strategies have been developed and honed to
meet our clients’ needs, the unique features of their spaces,
and the potential ideal tenants. They rest upon a complete and
thorough understanding of Montréal’s urban retail landscape
and our database of over 2,500 local, provincial and national
retailers and users. Our team collaborates with brokers,
investors and owners to stay ahead of market trends, to harness
the competitive nature of the leasing market and to exploit new
opportunities as soon as they arise.
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
Senior Vice President
Real Estate Broker
514.849.6441
[email protected]
Armen Markarian
Sales Representative
Real Estate Broker
514.849.3539
[email protected]
CBRE Limited | Real Estate Agency
2001 McGill College Avenue, Suite 2000, Montréal, Québec, H3A 1G1
T 514.849.6000 | F 514.849.7095 | www.cbre.ca
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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
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