mathesonwest officecentre

MATHESONWEST
OFFICECENTRE
INTRODUCING MISSISSAUGA’S
MATHESONWEST
OFFICECENTRE
A SPACE THAT CAN LAUNCH
YOUR BRAND AND BUSINESS
MODEL TO THE NEXT LEVEL
115-135 Matheson Boulevard West
Mississauga, Ontario
FLEXIBLE SIZES
AVAILABLE
BUILDING
OVERVIEW
“A PLACE
TO GROW”
CONNECTIVITY
SAVING YOU TIME
SMART GROWTH
Transportation
Superior accessibility with newly
announced transportation hub
linking multiple communities.
Transit-rich location with
good frequency of service and
multiple accessible lines. LRT
will transform location/node and
increase population of highly
educated labour pool.
Everything at your fingertips
with multiple connections to
amenities, communities, through
stress free public transportation,
walkable and bikeable. Highway
Access - ease of access to
Highway 401/403/410 and 407.
Short drive time to Pearson
International Airport. A plethora
of amenities at Heartland Town
Centre and Square One shopping
centre.
Low gross up factor. Walk into
and out of your own space
and grow within the portfolio.
All units having a tremendous
amount of natural light and
exposure to the natural settings.
JOIN OTHER CUTTING EDGE CORPORATE NEIGHBOURS IN THE COMMUNITY SUCH AS:
> SOTI, ORACLE, TJX (WINNERS), HANES BRANDS, PUROLATOR, JAGUAR LAND ROVER AND CITIBANK
PROPERTY
HIGHLIGHTS
TIMING
Immediate
AVAILABLE UNITS
Various sizes available
BUILDING SIZE
115 Matheson Blvd. West
135 Matheson Blvd. West
Total
PARKING
Surface parking is provided in lots to the front, rear and
sides of the buildings. There are approximately 300
spaces, or approximately 4 spaces per 1,000 SF.
36,668 SF
36,253 SF
72,921 SF
AVAILABLITY
MATHESONWEST
OFFICECENTRE
Matheson B
oulevard
West
New Site Access
Site A
135 Matheson
Adjacent Property
Existing 2 Storey
Brick Building
Existin
Existin
115 Matheson
Existing 2 Storey
Brick Building
Propo
Propo
Propo
125 Matheson
36550
Proposed 5
PROPOSED
6 levels
LEVELS
OFof
OFFICE
office space
52950
RAMP DN
15527
30900
187880
3000
2985
6/26/15 4:23:33 PM
EXTENT OF PARKING DECK
TO PROVIDE 4.5/1000
PARKING RATIO
Commercial Office
115-155 Matheson Bldv West
Mississauga Ontario
115 MATHESON BLVD. WEST
135 MATHESON BLVD. WEST
Available Space
Available Space
468 Wellington Street West | Suite 200 | Toronto, Ontario | M5V 1E3 | Canada | P: 416-971-6252 | F: 416-971-5420 | E: [email protected] | www.andco.com
Ground Floor: Suite 101
3,724 SF
Ground Floor: Suite 101D 4,500 SF
Second Floor: Suite 210A (Model Suite)
Second Floor: Suite 207
(Available January 2016)
2,236 SF
Second Floor: Suite 201 (Available July 1, 2016)
Second Floor: Suite 202
(Available Mar 1, 2016)
Contiguous Space
2,584 SF
RENTAL RATES
$13.50 Net PSF/Annum
Tenant Improvement Allowance Available
Additional Rent: 115 Matheson Blvd. West: $13.50 PSF/Annum (Est. 2015)
135 Matheson Blvd. West: $13.57 PSF/Annum (Est. 2015)
4,405 SF
4,619 SF
9,024 SF
PROJ. No.
DATE
1421
JUNE 2
FUTURE
INFRASTRUCTURE
LRT
•
he Hurontario-Main Light
T
Rail Transit (LRT) Project
received a commitment of
full provincial funding and
Metrolinx plan is to commence
construction in 2018
and be completed by 2022
• 2 6 stops on the 23 km
corridor including; downtown
Mississauga City Centre,
connecting Brampton and
Mississauga as well as the GO
stations to downtown Toronto
and integrated into the local
transit network (MiWay, Züm
and other transit services)
BRT
• T
he BRT (Bus Rapid Transit)
will be completed in 2017.
• P
rovide more efficient and
reliable service on a dedicated
bus corridor running eastwest connecting multiple
communities
• 1 8 km Transitway will have 12
stations, including renovations
to the existing hub in the city
core with new bus shelters at
MiWay’s City Centre Transit
Terminal completed, and a new
station building at GO Transit’s
Square One Bus Terminal
by the end of 2015
• M
iWay and GO Transit will
operate along the Transitway,
connecting the TTC at
Renforth Station
• I ncrease people-moving
capacity of the corridor
and will provide a reliable
alternative to driving to work
• H
elp our cities grow and
develop in a more sustainable
way
• T
ransition the cities from
‘suburban’ to ‘urban’
• E
asy walking distance to the
stop located at Hurontario
Street and Matheson Boulevard • Improve transit travel time
along the corridor
• Help accommodate current and
future travel demand
• H
elp to stimulate enhanced
streetscapes and Transit
Orientated Development along
the corridor
DEMOGRAPHICS
& TRENDS
LIVE, WORK,
PLAY.
DEMOGRAPHICS
The demographics show that within
3 km of Matheson Boulevard West
there will be a large increase in
population from 2015-2020 and
within 5 km a large amount of that
population will have University
certificate or degree.
So What? Proximity
to quality workforce
within direct catchment
area.
LOCATION, LOCATION,
TRANSIT
WHICH FACTORS MATTER MOST?
TRENDS
Q. How far away are you willing
to be from the following?
More The
open10-minute
workplaces
barrier
The accessibility to public transportation is overwhelmingly a
10 minute
barrier – accessibility to
critical factor for many office tenants today since a whopping
public71%
transit
of survey respondents said they wouldn’t consider options
%
7711%
more than a 10-minute walk from transit. With the harsh
Canadian winters, who can blame them?
Clustering – low cost and
This trend is
new – in the Colliers 2007 Tenant Survey,
accessibility
tonotbenefits
Walking distance from local
public transit:
Within 10 min.
44%
respondents rated “Location Close to Public Transport” at 8.7/10
in importance when attracting and/or retaining staff. We expect
this to become even more critical as the battle for talent ramps
up again in this business cycle.
(knowledge sharing, logistical
sharing, common employee
catchment area, close to clients,
Tenant
action
item: If you are concerned with talent attraction
vendors
and
partners)
WAY
SUBWAY
SUB
SUB
WAY
SUBWAY
and retention, consider that your employees appreciate direct,
efficient and cost-effective accessibility to their office.
5533%
%
Landlord action item: Audit your current office portfolio against
walk times to major transit hubs. Think long and hard about
those buildings that don’t fall within the 10-minute mark as
71% of tenants won’t even consider them. Think creatively:
a shuttle bus service to your building or business park can
help mitigate any transportation issues and is considered a
workable, practical solution.
Walking distance from undercover
access to local or regional public transit:
Within 15 min.
Driving distance from home that
employees commute by public transit:
20 min. to 1 hr.
5544%
%
Walking distance from regional
public transit:
Within 15 min.
5
Q. How important is it to
be close to the following?
Access to
public transportation
Being in the “right” area for business
31%
Critical
45%
Important
31%
18%
Critical
Nice
Free parking
Clients, vendors, partners
22%
41%
Important
Nice
Easy auto access
31%
Critical
37%
Important
18%
Nice
27%
Critical
39%
Important
22%
Nice
29%
Critical
53%
Clusters are key
With growing advancements in technology and increasing global competition
reducing the need for offices to be located in the central business district, 72%
of tenants surveyed emphasized the importance of being in the “right place.”
Being in the “right” area means business proximity to vendors, competitors,
10%
Nice
Important
Tenant action item: When considering your location options, take caref
neighbours and strategic positioning of the asset. You may be able to enj
efficiencies if companies within your sector are close by. You will also ha
time luring top talent to your business if they don’t have far to move.
ful note of the
joy significant
ave an easier
DID YOU KNOW
ABOUT MISSISSAUGA
A RICH POOL OF TALENT
LOCATION
• A
bove average education &
skill levels with two-thirds
of adult population having
post-secondary education
and over 1/3 have university
degrees. This concentration of
university-educated residents
is among the highest in Canada
• Access to more than 4.1
million employees within the
Greater Toronto Area (GTA),
representing 22% of the labour
force of Canada
• 10 universities & 11 colleges
within commuting distance
• Home to University of
Toronto, Mississauga
providing academic programs
to directly support the business
community and future home
of Sheridan Institute of
Technology and Advanced
Learning Campus
• Less than a 90-minute drive to the
•
•
•
•
U.S. border
Mississauga, Canada’s 6th
largest city with a population
of more than 738,000, is
located within the GTA with
a population of more than 5.5
million people
Extensive network of 7 major
highways & 2 principle
railways
Home to Canada’s largest
airport – Toronto Pearson
International with non-stop
service to 180 destinations in
60 countries around the globe;
32 million passengers on more
than 70 airlines
For the 13th consecutive year,
Mississauga has been ranked
as the safest large Canadian
metropolitan city to work and
reside in
PREMIER INFRASTRUCTURE
FOR BUSINESS
3 rd largest public transit
system in Ontario serving 45
million riders, with more than
96 routes, connecting with
the TTC, Brampton Transit,
Oakville Transit and GO
Transit stations
• Commuter rail services (LRT Light Rail Transit) and planned
network of rapid transit (BRT Bus Rapid Transit)
• Hydro provided by Enersource
Corporation has a substantially
lower than average system
outage than the Ontario
average
•
WELCOME
TO
THE
Amenities & Corporate Neighbours
NEIGHBOURHOOD
AM
1
2
3
4
5
16
RD
K
EY
PA
R
N
5
1
KE
10
BR
ITA
NN
IA
7
3
2
9
12
E
13
403
14
T
MA
15
16
17
ST
RD
W
12
VD
BL
O
RI
TA
4
N
SO
HE
N
RO
HU
6
9
9
8
11
RD
401
7
10
Y
ED
NN
CO
UR
TN
8
11
KE
M
TO
DR
6
6
11
115-135 MATHESON BLVD W
10
IS
AV
M
3
1 4
AV
E
EG
LIN
IS
TO
LR
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I
HL
G
AU
BR
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TO
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W
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RD
17
13
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403
1
2
Y
RR
AV
E
TE
W
RD
MISSISSAUGA
5
IN
4
EG
L
AY
W
TO
N
X
FO
3
5
2 15
6
7
8
AMENITIES
1Loblaws
2 GoodLife Fitness
3 CIBC Branch & ATM
4 LCBO
5 Shoppers Drug Mart
6Petro-Canada Gas Station
7 The Keg
8 Scotiabank
9Tim Hortons
10 The Beer Store
11 Boston Pizza
12Swiss Chalet
13ESSO
14Rabba Fine Foods
15Square One Shopping Centre
16LA Fitness
17Heartland Town Centre:
- The Brick
- Best Buy
- Home Depot
- Pier 1 Imports
- RBC Royal Bank
- Flight Centre
- Pet Value
- Dollarama
- The Keg
- Milestones
- East Side Mario’s
- Nando’s
CORPORATE NEIGHBOURS
9
1 Sharp Electronics Of
Canada Limited
2 SOTI Inc.
3 Hanes Brands
4Mattel Canada Incorporated
5 Compass Group
6 Jaguar Land Rover
7Fujifilm Canada Incorporated
8Kao Brands
9 TJX
10 Citibank Canada
11 Oracle
12 Purolator
11
etail availability in the immediate area surrounding 115 - 135 Matheson Blvd. West. Places to shop
R
and eat abound with many restaurants and retailers within a short walk or short drive at Heartland Town
Centre. A new hotel is planned to be built on the newly vacant Highway 10 lands on the east side at
Highway 10 and Traders Blvd. East.
10
12
KE
YP
AR
K
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TO
DR
WE’LL
HOOK
Transit
YOU UP
RD
RT
NE
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KE
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NN
RD
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SO
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VD
BL
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403
T
MA
401
O
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W
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RO
HU
BR
ITA
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IA
ST
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IN
HL
LIN
MISSISSAUGA
403
TO
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PA
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LIN
EG
RD
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N
N
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AY
W
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Express Bus Route
M
TO
K
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DR
Y
RR
AV
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W
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Transit
EG
BR
CL
RD
M
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I
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IS
TO
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TO
N
RD
W
AV
E
E
115-135 MATHESON BLVD W
Local Bus Route
Y
ED
CO
U
NN
DRIVE
TIME
Drivetime
Analysis
ANALYSIS
RD
N
SO
HE
VD
BL
E
403
T
MA
401
N
RO
HU
IO
RD
W
R
TA
BR
I
TA
N
NI
A
ST
115-135 MATHESON BLVD W
DRIV
400
W
AV
E
E
404
BR
IS
TO
L
CL
IN
HL
G
AU
RD
MISSISSAUGA
20 min.
45 min.
26 min.
50 min.
401
403
W
427
AV
E
Y
RR
TE
Analysis
me Analysis
4
24 min.
35 min.
X
FO
410
EG
LIN
AY
W
TO
N
RD
M
IS
AV
M
7
407
EG
LIN
TO
N
RD
8
1
8
30 min.
70 min.
407
7
20 min.
45 min.
5
427
min.
45 min.
41022
1
404 404
4
24 min. 24 min.
35 min. 35 min.
427
1
401
403
401
6
4
26 min.
26 min.
50 min.
50 min.
16 min.
45 min.
1
Square
OneShopping Centre
3 3 Square
One
Highway
404&&Highway
Highway 401
4 4 Highway
404
401
5
6
7
DVP
DVP
Pearson
Airport
1 Toronto
Toronto
PearsonInternational
International Airport
2 2 Downtown
Station
DowntownToronto
Toronto -- Union
Union Station
QEW
12 min.
20 min.
12 min.
min. BLVD W
115-13520
MATHESON
DRIVE
TIMES
DRIVE TIMES
8 min.
14 min.
8
8
5
6
7
8
Milton
Milton
Highway 403 & Queen Elizabeth Way (QEW)
Highway 403 & Queen Elizabeth Way (QEW)
Brampton
Brampton
Highway 400 & Highway 407
Lake Ontario
Highway 400 & Highway 407
Normal Traffic
Normal
Traffic
Rush-hour Traffic
2
2
S
4
H
5
M
6
H
7
B
8
H
R
2
3
401
407
D
3
N
12 min.
20 min.
400
T
2
DVP
115-135 MATHESON BLVD W
400
1
30 min.
70 min.
Rush-hour Traffic
LRT |BRT
Erin Mills Pkwy.
ET
OB
IC
OK
SP
E
CR
EC
TR
EE
UM
K
Tomken Rd
.
RE
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TA
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TO
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NF
OR
TH
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XI
DI
A
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TO
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PA
RK
W
AY
TY
CI
St.
CENTRAL PKWY
Dixie Rd.
.
ELM DR
Bloor St.
CITY OF
TORONTO
Queensway
QEW
PORT CREDIT
BRT CORRIDOR
GO STATION
TTC
EGLINTON
AVE.
Dundas St.
Hurontario
N
427
Burnhamthorpe Rd.
Cawthra Rd
urchill Rd.
Winston Ch
ROBERT SPEC PKWY
BURNHAMTHORPE RD
DUNDAS ST
TOWN OF
OAKVILLE
CA
W
CE
NT
RE
Eglinton Ave. West
CE
CITY OF MISSISSAUGA
NT
RA
L
Kennedy Rd
.
401
403
403
TORONTO
PEARSON
INTERNATIONAL
AIRPORT
OR
Mavis Rd.
.
Creditview
Rd
Mississauga
407
Rd.
Tenth Line
West
MATHESONWEST
OFFICECENTRE
BRT STATION
KEY
KEY CONNECTIONS
COONECTIONS
KIPLING SUBWAY TERMINAL
403 BUS BYPASS
SHOULDERS
FUTURE LRT LINE (From Port Credit GO Station to Brampton GO Station
OWNERSHIP
MAGIL LAURENTIAN
Magil Laurentian is a fully
integrated asset and property
management company with specific
capabilities in office and industrial
product classes, with offices in
Montreal, Toronto and Quebec City.
Magil Laurentian’s strategy, since
its founding over 25 years ago, has
been to align itself by investing
alongside its client, while serving
as asset and property manager. The
key to its success has been building
and maintaining strong relations
with partners, from investors
to tenants and suppliers. Magil
Laurentian draws upon extensive
industry expertise, in-depth market
knowledge and is equipped with the
latest management and reporting
tools to efficiently meet the needs of
our institutional partners and private
clients. Magil Laurentian is known
for being pro-active, enterprising,
professional and creative through
a platform based on continuous
improvement and sustainability.
Magil Laurentian is the proud
recipient of PLACE VICTORIA
and LE WINDSOR’s BUILDING
OF THE YEAR AWARD, in their
respective categories at the BOMA
Awards Ceremony for 2013 - 2014.
THE BUILDING OF THE YEAR
AWARD is the most prestigious
and comprehensive program of
its kind in the commercial real
estate industry in North America,
recognizing excellence in property
management, operations, resource
conservation, environmental
awareness, leasing and building
design, customer service and
innovation.
Magil Laurentian is passionate
about real estate!
www.magil-laurentian.com
MISSISSAUGA
TRANSIT BUS STOP
H
H
Q
H
H
H
BUILDING
CHARACTERISTICS
Property Description
115 & 135 Matheson Boulevard West comprise twin, 2-storey, multi-tenant commercial buildings situated on a total land
parcel of approximately 9.1 landscaped acres with excess development potential of approximately 4.5 acres at the rear of the
site. The Landlord is pursuing BOMA Best certification.
Building Description
Building Size: 115 Matheson Blvd. West 36,668 SF
135 Matheson Blvd. West 36,253 SF
Total
72,921 SF
Structure:
Steel framed structure with open web steel floor. Roof joists support a metal deck; roof deck is galvanized.
Roof:
4-ply built-up (BUR) roof with pea gravel ballast; metal copings and flashings. Drainage is provided by internal roof drains with edge overflow.
Walls:
Glazed curtain wall system over brick on block.
Fenestration:
Aluminum-framed windows and doors. Windows within 10 feet (approximately) of the building’s exits are wired glass for protection.
Interior Construction:
Common area finishes are painted drywall walls, ceramic tile or carpeted floors, and suspended
T-bar ceiling with 2`x4` acoustical tiles and 2`x4` fluorescent light fixtures. Office areas are painted gypsum board with vinyl cover base, carpeting and suspended T-bar ceiling with standard 2`x4` acoustic tile or painted gypsum board and 2`x4` acoustic ceiling tiles. Floors are typically carpeted. Restrooms are typically ceramic floor and wall with suspended tile ceiling and metal stall partitions.
Vertical
There are four staircases accessed via exterior entrances, providing access to common areas and tenant
Movement:suites.
HVAC:
115 Matheson: Seven rooftop air handling units cool and ventilate the building ; two 50-ton MQuay air handling units serve the tenant spaces and four, five-ton York units serve the stairways and entrances. The units have direct expansion (DX) cooling capabilities and provide heating to the space with electric duct heaters. Additional
heating is provided by perimeter, thermostatically controlled electric baseboard heaters and electric forced flow entrance heaters. The ventilation distribution system serving the tenant spaces is a variable air volume
(VAV) system. Exhaust is provided by two-roof mounted fans.
135 Matheson: Six rooftop handling units cool and ventilate the building. Two 50-ton McQuay air handling units serve the
tenant spaces and four, five-ton York units serve the stairways and entrances. The units have direct expansion (DX) cooling capabilities and provide heating to the space with electric duct heaters. Additional
heating is provided by perimeter, thermostatically controlled electric baseboard heaters and electric forced
flow entrance heaters. The ventilation distribution system serving the tenant spaces is a variable air volume (VAV) system. Exhaust is provided by two-roof mounted fans.
115 & 135:
The buildings are equipped with a pneumatic control system that uses an air compressor located in the ground floor electrical room. A DIMAX direct digital control system has been installed and tied into the existing pneumatic system which controls two main air handling unit, duct heaters and VAV system.
Domestic Water: Domestic water is distributed through the building by copper supply lines; distribution is reportedly copper piping throughout. Domestic hot water is generated by electric domestic water heaters. Water and sewer is
provided by City of Mississauga.
Electrical:
An ancillary maintenance building houses the primary transformers, the primary switchgear and the electrical meters for 115 & 135 Matheson Boulevard West, as well as for adjacent 155 Matheson Boulevard West. Each building has its own power meter and base building components and metered separately. The main switchgear is rated at 4,000 amps, 347/600 Volts, 3-phase, 4 wire and is located in the electrical room on the ground floor of each building. Primary switchgear serving the building is rated at 600 amps, 347/600
Volts, 3-phase wire. Dry-type step down transformers are located in the electrical rooms located throughout the building. Distribution panels are located in electrical rooms and throughout the tenant spaces. Electricity is provided by Mississauga Hydro.
Lighting:
Interior lighting consists of T8’s and 1`x4` lay-in fluorescent fixtures. Wall-mounted incandescent sconces light the stairwells. Exterior lighting is provided by floor lights around the building, column lighting fixtures and canopy pot lights at each of the entrances. The parking area is lit by pole-mounted fixtures.
Life Safety: The buildings are sprinklered. Fire hydrants are located within a few hundred feet of the buildings.
Parking:
Surface parking is provided in lots to the front, rear and sides of the buildings; there are approximately 300 spaces or approximately 4 spaces per 1,000 sf of building area.
FLOOR
PLANS
115 MATHESON BLVD. WEST
SUITE 101
AVAILABLE
3,724 SF
AVAILABLE
2,236 SF
AVAILABLE
JANUARY 2016
2,584 SF
FLOOR
PLANS
135 MATHESON BLVD. WEST
AVAILABLE
AVAILABLE
4,619 SF
AVAILABLE
4,405 SF
FOR MORE INFORMATION ON HOW
115-135 MATHESON BLVD. WEST
CAN RE-ALIGN YOUR BUSINESS PLEASE CONTACT
RON
JASINSKI
DOMENIC
GALATI
CHARLES
JOYCE
T: +1 416 620 2801
[email protected]
T: +1 416 620 2834
[email protected]
T: +1 416 620 2832
[email protected]
Senior Vice President,
Sales Representative
185 The West Mall,
Suite 1600
Toronto, ON M9C 5L5
Vice President,
Sales Representative
185 The West Mall,
Suite 1600
Toronto, ON M9C 5L5
Sales Representative
185 The West Mall,
Suite 1600
Toronto, ON M9C 5L5
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agreement. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.