Saint John Commercial Real Estate

Home » Commercial Real Estate » Bank of New Brunswick a.k.a Le Faubourg sold

Bank of New Brunswick a.k.a Le Faubourg sold

125 Prince William Street, Saint John


First listed for sale in 2008 for $1,250,000, this building (easily identified by its massive pillars) has been sold. Over the years we’ve had a couple of accepted offers which failed to close for different reasons but we’ve finally gotten this one across the finish line!

The buyers, Ron Lovett  & Courtney Sherlock from Halifax, see the building as a great long term investment. “We have really seen so much growth in uptown Saint John over the past 4 years. It’s really starting to come alive” commented Lovett.

 “The building is so beautiful, it just needs a little TLC” says Lovett.

The building is occupied by the previous owner Arc’f de Saint-Jean Inc. and they will be remaining as a tenant on the top floor of the building for up to 2 years. The ground floor on Water Street is home to Loyalist City Brewery.

The main vacancies are the former AlleyGria restaurant space on the level below Prince William and the Prince William Street “bar” space which many Saint John residents still remember operated at one time as the nightclub “Pillars”.

Stephanie Turner of Partners Global represented the Seller and Jason Stephen of Royal LePage represented the Buyer with a shout out to Judith Makin at TUCK Studio for being such a great ambassador for the building and the community!

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1 Comment

  1. […] growth in uptown Saint John over the past four years. It’s really starting to come alive,” said Lovett in a […]

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