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LEASED – 1000 Sandy Point Road
1000 Sandy Point Road, Unit 4, Saint John, New Brunswick
Cooke Insurance identified a need for new office space back in the fall of 2019. Although they didn’t plan to move in until summer 2020, they wasted no time in starting their search. Through a process of elimination they landed on 1000 Sandy Point Road. This commercial strip mall was newly constructed & the ground floor unit they chose had never been occupied. “Being able to customize the space to exactly our needs helps make the square footage work for us in the most efficient way possible” says Jeff Cooke. “We are thrilled with the space. We got everything on our wish list and more” says local Cooke representative Andrea Ferris. “The level of finishes are class A.”
1000 Sandy Point Road is a multi-unit commercial strip mall located in Millidgeville next to Cedarcrest Gardens. The Saint John Real Estate Board also leases office space in the development. 2,000 sq ft of ground floor space remains available.
GALLERY – PHOTOS OF FINISHED SPACE
Stephanie Turner represented the Tenant (Cooke Insurance) and Peter Pappas (owner and licensed Realtor® with Re/Max) acted as the Listing Agent.
LEASED – 30 Whitebone
30 Whitebone Way, Unit 3, Saint John, New Brunswick
McCoy Turnkey Construction just signed the lease on this industrial/commercial space in the McAllister Industrial Park. Earlier this year the company leased a small warehouse in the sister building (34 Whitebone) located next door. “The company is growing and we are busting at the seams in our current space” says Mike McCoy, owner. “Adding to our infrastructure here in Saint John will help us ramp up to the demand on our crews. We’re also looking to expand in Fredericton.”
The demand for residential and commercial construction projects has been brisk despite the pandemic.
Stephanie Turner represented both McCoy Turnkey Construction and the Landlord (Broadway Place Ltd) in this commercial real estate transaction.
Broadway Place Ltd. is a New Brunswick based commercial real estate holding company They currently own over 420,000 sq ft of building space throughout New Brunswick.
VIRTUAL TOUR – 50 Whitebone, Industrial Warehouse
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For more info on this Listing Click here>>> 50 Whitebone Way, Saint John
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 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 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.
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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 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
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.
Hub International now at corner of King and Germain
77 Germain Street (a.k.a 40 King Street), Saint John
In December of 2017 Hub International were approached by a local business about selling their property on Duke Street Uptown. This created a great opportunity for them to upgrade their location and stay in the Uptown Saint John core. Hub International Atlantic is a division of Canada’s largest insurance broker, and specializes in Commercial Insurance, Group Benefits, and Personal Insurance. According to Neil Josselyn “Our Saint John location has 15+ employees, and we represent every major insurance company in Canada.” Josselyn further explained “Our team had outgrown our Duke Street location, however we wanted to stay Uptown, and toured a number of different options. We decided that the sub-let opportunity on the 5th floor at the corner of King and Germain was the perfect location for us to call our new home.” Locals will know this building as home to many of Saint John’s local economic development agencies including Enterprise Saint John and the Chamber of Commerce.
The top priority in a new space was to get all of their staff on one level, while working in an open concept office environment. This space on Germain Street offered this and more. The space has a modern kitchen, a recently redone office with up-to-date I.T. infrastructure. However it maintained exposed brick walls and the radiators from the building’s past. Josselyn went on to say “The location is incredible, offering views of both King Square and Saint John Harbour, all while being across the street from the City Market, and pedway system.”
Stephanie Turner was the listing agent and also acted as Hub International’s local Tenant Representative in negotiating the sub-lease.
Saint John’s First Boutique Hostel Experience…Coming June 2018
36 Water Street, Saint John, New Brunswick
BunkHaus Boutique Hostel
After learning of different boutique hostels popping up around the world, Ingrid Woodhouse was inspired to create her very own hostel business here in New Brunswick. And, although there was no doubt from the beginning that Uptown Saint John was the best location for BunkHaus, it took some time to find the perfect spot.
“I looked at a few places but it wasn’t until we walked into 36 Water Street that I knew the hostel had found a home,” says Ingrid. “It has a beautiful exposed brick wall that really showcases our city’s character, huge storefront windows that let in tons of natural light, it’s uptown on a ground floor, has high ceilings, and it even has my ideal footprint of 2500sq ft. It was a total homerun.”
Ingrid hopes that BunkHaus will help draw more travelers to the city and is excited to bring affordable yet chic accommodations to the Uptown core. The hostel will offer both private rooms and custom timber-frame bunks with stair access the top beds. As for the common area there will be a fresh new communal kitchen, long harvest table for sharing meals, and a lounge area for guests to relax and meet one another. The addition of a minibar as well as an outdoor patio with hammocks and heat lamps are also part of the plan but will come later. On-site laundry and free Wi-Fi will be vailable too.
With traditional Saint John architecture of 12ft high ceilings, exposed brick, and large windows, there will be no problem making this space a home using local art, plants, and comfortable Scandinavian-inspired furnishings. Guests will feel right at home here as they share meals, music, and memories together in the communal spaces designed to bring people together.
“We’re incredibly delighted to see the BunkHaus coming uptown and look forward to the grand opening. Without a doubt, this will be another great addition to the neighborhood. Not only will this be very high quality, it will also satisfy a need in the marketplace. We congratulate Ingrid on her vision and for seizing the opportunity,” says Keith Brideau of Historica Developments.
To follow renovations and keep up-to-date with news and future offers, follow @BunkHausHostel on Facebook and Instagram.
WEBSITE COMING SOON at www.bunkhaushostel.com.
Stephanie Turner worked with Ingrid to find the perfect space and represented BunkHaus in the negotiations in the Landlord, Historica Developments.
Breakout moving from Rothesay Ave to Parkway Mall
212 McAllister Drive, Saint John, New Brunswick
Photo Courtesy of Breakout Saint John
If you’ve driven by Parkway Mall recently you may have noticed a new sign. Breakout Saint John announced today that they are moving from their current location on Rothesay Avenue to this new location. They leased a portion of the former liquor store. Breakout Saint John is an award-winning entertainment and team-building company that offers themed escape room games. This area of east Saint John is well known as a high traffic retail node and provides them with much better visibility.
Julia Pugley, President, issued a Press Release in which she said “Not only does this mean a larger and more central location for this popular local business, it also includes the much-anticipated launch of all-new escape rooms and puzzles.” This is great news for fans of Breakout!
Breakout’s next new room is slated to open before the end of May and the company also plans to announce an official grand opening in the coming weeks. Visit their website: www.breakoutsaintjohn.ca
Stephanie Turner represented the Tenant in the negotiations with Tidan Inc., the owners of Parkway Mall.
Saint John Commercial Real Estate 