FOR LEASE
Mark Sinnett Senior Vice PresidentReal Estate [email protected]
Armen MarkarianSales RepresentativeReal Estate [email protected]
3545 BERRI STREET, MONTRÉALOffice space with direct entrance to the Sherbrooke metro station
and just north of the popular Quartier Latin
Full commission for collaborating brokers
PRIVATE CAPITAL GROUP | MONTRÉAL
Features
3545 Berri Street | Page 2
Up to 17,500 square feet of office space available for leaseCan 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
CAFETERIA
OFFICE
OFFICE
PRIVATE CAPITAL GROUP | MONTRÉAL
PROPERTY LOCATION
SHERBROOKE METRO STATION
SAINT-DENIS STREET - CAFÉ CHERRIER
LOCATION WITHIN THE PLATEAU MONT-ROYAL BOROUGH
SAINT-DENIS STREET - MAMI CLAFOUTI
INSTITUT DE TOURISME ET DE L’HÔTELLERIE DU QUÉBEC
3545 Berri Street | Page 3
area Overview
PRIVATE CAPITAL GROUP | MONTRÉAL
the Plateau MOnt-rOyal BOrOugh
3545 Berri Street | Page 4
OverviewThe 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, old-style stone masonry and walk-up duplexes, the Plateau Mont-Royal has since become a very popular place to live and visit.
DemographicsAccording 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 EstateMost 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.
EmploymentOver 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.
RetailIn 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 big-chain 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.
CBRE Limited | Real Estate Agency2001 McGill College Avenue, Suite 2000, Montréal, Québec, H3A 1G1T 514.849.6000 | F 514.849.7095 | www.cbre.ca
aBOut the Private CaPital grOuP
The Private Capital Group represents private investors and owners in marketing, trading, and leasing commercial and semi-commercial assets.
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 Sainte-Catherine 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.
aBOut CBreCBRE 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.
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.
For more information, please contact Montréal’s Private Capital Group:
Mark Sinnett Senior Vice PresidentReal Estate [email protected]
Armen MarkarianSales RepresentativeReal Estate [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.
