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SOLD 819 Millidge

819 Millidge Avenue, Saint John, NB

The church, hall and rectory located at the corner of Millidge Ave and Daniel Ave in Millidgeville has been sold. The property consists of 1.94 acres of land ideal for redevelopment.

The transaction closed earlier this week and the buyer is still ensure what the future holds for the property. I’m sure the neighbours will be watching with interest!


Millidge Avenue is a major traffic artery and leads to Saint John’s central business district less than 10 minutes away.

Development in the immediate area consists mainly of single family homes with some commercial/retail developments nearby as well as two senior’s complexes. The Saint John Regional Hospital and the University of New Brunswick Saint John Campus are also located in Millidgeville. From a recreational stand point, Millidgeville is well served with easy access to Rockwood Park (one of the largest municipal parks in Canada) as well as the Royal Kennebeccasis Yacht Club.

Stephanie Turner, Partners Global represented both the Seller and the Buyer

JUST LEASED: 340 King William Road

340 King William Road, Saint John, New Brunswick

A 10,000+ industrial warehouse building and fenced compound in the Spruce Lake Industrial Park has been leased. The Landlord is Sandav Holdings Ltd out of St John’s NFLD. The property has had many used over the years including being the NB home-base for Household Movers & Shippers, a Coca-Cola distribution centre and most recently was leased to GFL Environmental Inc. Upgrades will be performed on the building and lands over the next few months. The new tenants expects to take possession around August 1st of this year.

Stephanie Turner, Partners Global Corporate Real Estate was the listing agent.

Canadian Nuclear Partners sets down roots in Saint John

75 Prince William Street, Saint John, New Brunswick
New office at 75 Prince William Street in the Bank of Canada Building

 

Canadian Nuclear Partners (CNP), a wholly-owned subsidiary of Ontario Power Generation, was established in 2012 and has grown into a well-respected service provider offering inspection, engineering, asset management, training and consulting services to clients in the power generating sector. With much success in Ontario, CNP has expanded their operations to Saint John, New Brunswick. The new office in Saint John is a welcome addition to the CNP network as it continues to create strong partnerships with various stakeholders in the region.

 

For CNP’s Vice President, Jason Van Wart, it is an exciting time as he was born and raised in Saint John and looks forward to contributing to the community that was so instrumental to his upbringing. “It is an exciting time for CNP. We are growing on a national and international level. Having an office in Saint John is a wonderful opportunity to give back to the very community that has been an important part of our business and build new opportunities for the future.”

CNP looks forward to delivering on its key values of safety, integrity and excellence to the energy community in New Brunswick.


Stephanie Turner, Partners Global, represented both the Landlord and Tenant in this commercial leasing transaction

Introhive leases space at Bank of Canada Building

75 Prince William Street, Saint John, NB

When Introhive first arrived in Saint John they needed office space quickly which allowed for flexibility while they ramped up their presence in Saint John. Connexion Works provides an ideal short term solution. Once they got a better handle on their growth strategy for this market it became evident that they would need to find a larger and more permanent solution. A search of the local vacant office space uncovered a space that seemed ideal. The space was formerly occupied by DFS Architects and had been completely renovated only 4 years ago. It has a cool modern vibe and a great view of the harbour! Introhive only needed to make a few minor changes to the space to make it perfect for them.


LEASING PHOTOS: Partners Global Corporate Real Estate

Introhive is a relationship data science platform for #CRM that drives user adoption and proactively delivers valuable insights about clients and prospects. They now have 16 employees in Saint John. Jerry Carr, Introhive’s CTO commented “We are continuously recruiting and having an awesome office space is a key part of attracting top talent.”

Stephanie Turner, Partners Global Corporate Real Estate, represented Introhive as well as DFS Architects and the head-landlord Prince Williams Property ULC in this leasing transaction.

The Bank of Canada building is also FOR SALE. For more info on this investment opportunity CLICK HERE

Historical Facts- The Skinner Building

58 King Street, Saint John, New Brunswick 

The history of Saint John is deep and often fascinating. I recently listed office space for lease on the top floor of 58 King Street and came to discover that the building is referred to as the Skinner Building.

“The Skinner Building was built in 1877 for clothier William Doherty. Alfred Skinner was the proprietor of a carpet wareroom in the building from the early 1880’s until the Great Depression in 1929.

After the “great fire”, Skinner started out on his own accord at 68 King Street. His business became too large for the premises so he relocated to this building. It was stated in the 1880’s that in Saint John there was no name more familiar in the households than “Skinner’s warerooms”.

He had many contracts for supplying carpets to hotels and public buildings throughout the Maritimes. In the early 1900’s Skinner’s was proclaimed to have the largest retail stock of floor coverings in Canada. ” READ MORE Source: www.historicaplaces.ca


Need office space? JUST LISTED: Located on the fourth floor, this 2,932 sf suite features exposed brick walls and modern/industrial vibe. Its layout comprises a reception / waiting area off the elevator, one private office, a spacious glassed-in boardroom, kitchenette and plenty of open space for workstations. Rich with character, this space will not last long – don’t miss out!

 

SOLD – 60 Enterprise Drive, Quispamsis

sold imageA 6,600 square foot industrial building sitting on 2.18 acres of land and located in the Hammond River Industrial Park has been sold. The vendor was Price Waterhouse Coopers Limited as Private Receiver of 670558 NB Ltd. The property had garnered a fair amount of interest while listed particularly towards the end of 2018 when multiple offers came in. The successfully buyer is a local company and will be issuing a press release soon. Rumour has it that the building nearby, formerly occupied by Select Kitchen, also traded recently. This is great news for the town of Quispamsis’ Hammond River Industrial Park as it continues to attract investment and diversify it’s business base.

Stephanie Turner, Partners Global Corporate Real Estate represented the seller and Noreen Russell, Royal LePage Atlantic represented the buyer.

E.S. Fox Building Lease Signed

405 King William Road, Saint John

A 24,000+ sq ft industrial building located in the Spruce Lake Industrial Park owned by E.S. Fox has been leased on a short term basis (9-15 months) to a large industrial occupier as swing space to accommodate a refurbishment at the Tenant’s permanent facility. This comes directly on the heals of two earlier short terms leases.

The building was originally built for large component manufacturing and is pretty unique in the market. The ceilings are over 50 feet high and one end of the building opens up like an airplane hanger. The building sits on 27 acres of land in the Spruce Lake Industrial Park and is located in close proximity to the new barge terminal.

There are many reasons why a business may have short term requirements such as contract fulfillment, temporary storage or swing space. Although finding a long term tenant or buyer for the facility is preferred, E.S. Fox is pleased to have found multiple opportunities to lease the space to local businesses requiring short term facilities.

 

The building remains listed FOR SALE and FOR LEASE to long term tenants when the current short term lease expires.