120 Millennium Drive, Quispamsis, New Brunswick

Brunswick Brokers Limited is pleased to have brokered another lease deal at 120 Millennium Drive in Quispamsis.  Less than a year after moving his orthodontics practice to the building, Dr. John Sherrard has leased the adjacent vacant space previously occupied by the Grape D’Vine.  The new space will serve as an extension of John’s orthodontics practice but this area will be designed to complement the professional services he is providing with a recreational component. Sherrard will be collaborating with Maritime artists to create a safe place for people to pursue artistic interests and be able to express themselves creatively.  

“My hope is that this expansion will serve our patients and the community, giving a voice to the voiceless and helping people find their inner smiles again” said Dr. Sherrard.  “Bringing back the smiles (our tagline) has never been just about teeth.  This passion project is my way of helping bring back music and art, which have been pushed to the sideline at the same time as unprecedented masking, restrictions, and educational/life stresses.  I don’t just want to fix the smiles people see… I want to give people an opportunity to find their own authentic smile, no matter what that might look like!”  

Dr. John Sherrard

Renovations to the space will be ongoing and John hopes to open the space in July.  The name of the space is still in the works, but no matter what, John has told us we can expect it will be fun.  For more information or if you wish to offer ideas or other forms of support, please reach out to john@bringbackthesmiles.com.

Stephanie Turner and Brock Turner both of Brunswick Brokers were co-listing agents.

Looking for retail space?  View our listings at www.brokers.ca

Brunswick Brokers Limited takes pride in serving the commercial real estate needs of Prince Edward Island based businesses. Our most recently brokered transaction involves the property at 503 University Avenue in Charlottetown. The property has served as the campus for Maritime Christian College for almost three decades. In 2019 the college started a move towards more online learning for its undergraduate and certificate programs, and when the pandemic hit in 2020, the college was able to accelerate its online learning efforts to serve 100% of students in a high-quality online learning environment. The new model worked well and the college was able to expand the number of students it was serving. In early 2022, the Board of Directors for Maritime Christian College decided to reposition the assets of the college by selling the property in Charlottetown. The college engaged Brunswick Brokers Limited to find them a buyer for the property. The 24,000 square foot building which currently houses the college’s admin offices, classrooms and dorm rooms sits on 3.42 acres of land located directly opposite the entrance to the University of Prince Edward Island. 

Long standing, Charlottetown based company, The Gray Group recognized the potential for residential development for this location and seized the opportunity to acquire the property. With the current rental housing demand they believe redeveloping the property at 503 University Avenue into multifamily, residential dwellings will be the most beneficial use to the community. According to The Gray Group’s President, Trevor MacLeod, “We will be taking considerable time to work with our planners to ensure that a high level of quality and sustainability is met.”

Residential development in the greater Charlottetown area has seen a spike in recent years due to an aging population and a lack of quality, multifamily rental options available. Developers have had considerable success in pre-leasing ahead of building completions, pointing to the high demand for rental units.

“The sale of the physical asset at 503 University Avenue is not one that the college undertook without a lot of deliberation. We decided that our future work in fulfilling our mission is more aligned with a focused online learning environment than in maintaining physical assets.” said Richard Jones, Chief Operating Officer of Maritime Christian College. He went on to say that the college has continued to expand its ability to serve students from around the world with a high-quality online learning experience that is available anywhere, anytime. Based on demand from its partners in other countries, Maritime Christian College has even added a graduate-level degree in 2023.

The College’s administration offices will be relocating to office space at the Sherwood Christian Church at 9 Lilac Avenue in Charlottetown. 

Stephanie Turner, Senior Advisor at Brunswick Brokers represented the seller Maritime Christian College 

Do you own a property in Prince Edward Island that you would like to sell? Reach out to our PEI licensed agent, Stephanie Turner sturner@bbrokers.ca (506) 333-3442

Brunswick Brokers is very happy to announce that they were instrumental in securing a buyer for a 16.56 acre parcel of land off Nason Road in the Silver Falls area of Saint John. The land is currently zoned Future Development and is adjacent to an established multi-unit residential development including Michael Crescent and Martha Drive. This area is popular with renters due to its proximity to retail, restaurants and services. The Land which was owned by the Silver Falls Park Development Company Limited was sold by the estate of the late Harold and Ruth McNamara and purchased by local developers. 

This is the second parcel that Brunswick Brokers has sold for this vendor. In October of last year, another company purchased a 12.5+ acre parcel of land located near the corner of Commerce Drive and Loch Lomond Road in Saint John, NB. That property is zoned Business Park and the buyers of that land announced plans for a commercial development.   

Stephanie Turner of Brunswick Brokers represented Silver Falls Park Development Company Limited and Troy Nesbitt, also of Brunswick Brokers, represented the buyers.

Brunswick Brokers Limited is pleased to announce the leasing of space at 555 Somerset Street in Saint John, New Brunswick.  The new tenant, BeaconOrtho Ltd specializes in the provision and fitting of prosthetic limbs. Beacon Ortho’s new location will include a best-in class production facility including 3D printing equipment allowing them to design custom prosthetics for clients from all over New Brunswick.

“This location is ideal for us and we have synergies with other medical tenants in the building. We wanted a location that is well located and also accessible for people with disabilities. The property offers things such as curb cutouts and automatic door openers for people with accessibility needs.”

555 Somerset Street is a two-story suburban office building located in the north end of Saint John. Although the building is occupied by a variety of tenants, many of the tenants are doctors and other medical specialists. The Landlord, Somerset Investments Limited owns 555 Somerset and are also the developers of the new high-rise apartment building currently under construction on nearby Technology Drive.

Stephanie Turner & Brock Turner of Brunswick Brokers Limited were the listing agents and Jonathon Rasenburg of Coldwell Banker brought the Tenant.

Interested in space at 555 Somerset? Unit 110 is also available. Details HERE

CONTEST: A fun family activity for the weekend. Take a virtual tour of some beautiful office space, spot the hidden eggs, enter contest and get a chance to win a spring-theme NBBox. #commercialrealestate #contest

ALL THE DETAILS… https://www.bbrokers.ca/the-great-virtual-egg-hunt-is-back/

You may have read that Greenergy recently leased 8,000+ sq ft in CenterBeam Place (that story here) but there are still some great opportunities in this building if you are looking for new office space.

Here are the top 10 reasons we love this property:

1. EXPOSED BRICK: This complex is actually an entire block of beautiful heritage buildings.
2. MODERN VIBE: Exposed ceiling and ceiling mounted cable trays provide that modern industrial feel.
3. LOCATION: Located at the center of the business core and a stone’s throw from the waterfront.
4. PEDWAY ACCESS: Just steps from the climate controlled inside connection.
5. PRICE: Rents at $12/sq ft (net) with lower-than-average additional rent means exceptional value.
6. WHEELCHAIR ACCESSIBLE: Ramps and lifts throughout the property provide barrier free access.
7. COURTYARD: The U shape of this complex makes way for a lovely greenspace off Grannan Lane.
8. BEST IN CLASS LANDLORD: Professionally managed property. Exacting tenant services standards.
9. ON SITE AMENITIES: Second Cup Coffee Shop and Handworks Artisan Gallery off main lobby.
10. WOW FACTOR: Impress clients as well as attract & retain talent with space you can be proud of.

Want to see what is currently available for lease in CenterBeam Place? CLICK HERE

Call us today to book a private tour!

COVID has had some unexpected and positive lasting effects on how we go about daily lives. When it comes to commercial real estate, the obvious one is the new hybrid work model. This new model results in office occupiers often being able to operate the same business with less office space. This new trend means landlords are taking back more space than ever when leases expire. We are also seeing more tenants, who are tied to leases, listing their space for sub-lease. This results in some advantages to tenants who are shopping for new office space.

1. The vacancy rate is high which means landlords are often sharpening their pencils to attract tenants to their vacant spaces.
2. Tenants are comparing market rents being advertised by landlords with sub-lease opportunities which are often discounted or, at least, very negotiable.
3. Tenants have the opportunity to align their physical footprint to their current and future requirements.
4. If downsizing, tenants can save on their monthly overhead or upgrade the quality of their space for the same rent resulting in space that is nicer, smarter or both!

The first step in right-sizing your office is to determine how your current office space is working for you. Once you understand your needs you may realize you need to shrink your space, move or lock the doors and turn off the lights. “Lock the doors and turn off the lights” might seems like a drastic move but if you don’t need the space and can successfully sub-let it, you may be able to drastically cut your losses. If you are tied to a lease but your space is no longer working for you, sub-letting your space is an option. Some landlords, in order to attract you to their building, may even make it attractive for you to move mid-lease.

SUB-LEASE OPPOTUNITIES WE ARE CURRENTLY ADVERTISING CAN BE VIEWED HERE, HERE , HERE and HERE

All this to say… If you have too much space or are in the wrong space, call us to discuss your options.

These two office suites just hit the market. They are third floor walk-up but the cool vibe makes climbing a few stairs totally worth it. Furniture in place negotiable.

SUB-LEASE – 107 Germain Street, Saint John, NB

Located in the former Bustins building. 3,888 3rd floor office suite is full of heritage charm and available immediately. It features large open concept with 4 offices and/or meeting rooms along with washrooms and kitchenette. Building professionally managed by Historica Properties. This is a sub-lease opportunity. Head-lease expires August 31st, 2023. Long term lease available subject to negotiations.

Can be combined with the suite below for a combined for a total of 7,123 sq ft

LEASE RATES: $5,500 per month +HST +utilities

WANT TO SEE MORE PHOTOS? CLICK HERE

SUB-LEASE – 99 Germain Street, Saint John, NB

Located in the former Bustins building at 99 Germain Street. 3,235 square foot 3rd floor office suite full of heritage charm and available immediately. Open concept with loft offices/meetings rooms. Building professionally managed by Historica Properties. This is a sub-lease opportunity. Head-lease expires August 31st, 2023. Long term lease available subject to negotiations.

Can be combined with the suite above for a total of 7,123 sq ft

LEASE RATES: $20/sq ft +HST +utilities

WANT TO SEE MORE PHOTOS? CLICK HERE

15 Railway Crescent, Hampton, NB

9 acres of land in heart of Hampton’s business district.

The large parcel of land runs parallel to Main Street (behind Hampton Pharmasave). Access would be off Railway Crescent.

• Municipal sewer lines run on two sides of the property and municipal water runs on neighbouring property.

• 3 Phase underground power runs to edge of property. 

• The F6 Networks fibre backbone passes right providing access to international connectivity, dark fibre, 21st century infrastructure.

Ideal location for senior’s complex but zoning allows for a wide range of uses including residential, office, boutique hotel, commercial recreational use.

CLICK HERE for more information