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75 Prince William LOCATION LOCATION LOCATION

The old adage that location is key still hold true. With the recent announcement of the new museum on the Saint John waterfront, 75 Prince William Street has it in spades.

According to the CBC story “The “landmark” four-storey, 120,000 square foot building [museum] is intended to present a glass and terra cotta front on two sides facing the harbour and Market Square, and a more traditional look toward the uptown.”

The story goes on to say “The museum is intended to be the first piece for the long anticipated Fundy Quay development, which could someday include residential and commercial projects on the waterfront next to Market Square.”

Check out the aerial view of the immediate area below and find out more about the opportunity at 75 PRINCE WILLIAM STREET

 

SOLD – 384 Lancaster Avenue

Pure Nature’s Wellness Inc.,  a wholly owned subsidiary of Aphria Inc., has finalized the purchase of 384 Lancaster Ave in west Saint John. The property will be used in the future as a laboratory for the testing and production of medicinal cannabis oils.   In a recent CBC story, Ian Scott, Aphria’s Product Development Officer, said “This facility will be staffed with chemists, scientists, laboratory technicians, research and development experts as well as all the required process and packaging support staff.”

In order to allow for the use, the property was successfully rezoned to “Business Park Commercial” with the added condition the property is not to be used in future for anything other than a cannabis processing facility. Rick Turner of Hughes Surveys in Saint John assisted Aphria with the logistics of the re-zoning application and public consultation to address any local concerns.

Early on, the Province of New Brunswick recognized this relatively new and fast growing industry as an opportunity for our province and have been proactive in their efforts to attract cannabis related businesses to NB. Steve Milbury of Opportunities New Brunswick, the province’s economic development agency, was involved in attracting Aphria to our province and helped support Aphria in their efforts to get the Lancaster property re-zoned for their use.

Stephanie Turner, Partners Global, represented both the Sellers and Buyers in this commercial real estate transaction.

SOLD 200 Union Street

200-206 Union Street, Saint John, New Brunswick

The property at 200 Union Street, known by many as the former Academy of Hair Design, has new owners.

The property was purchased by a couple from New Brunswick. The property is commercial on the ground floor and has 6 residential units on the second floor. The new owners intend to use the ground floor for a new retail establishment. Details on that to come at a later date.

The building has a long history in Saint John. The original business was “Jacks Men’s Wear”. It was owned by Jack Levine and eventually his son Ellis Levine. Former Saint John Mayor Sam Davis designed the building for Jack Levine. You can still see the name “JACK” inlayed in a tile mosaic by the sidewalk near the main entrance.

This is just one more in a string of recent announcements about an exciting revitalization that is happening along Union Street and in the Waterloo Village area.

 

Stephanie Turner, Partners Global, was the listing agent. Lee Yuyang, Re/Max Professionals Saint John represented the buyers.

36 Richmond SOLD

36 Richmond Street, Saint John, New Brunswick (Waterloo Village area)

Adams Green announced today that they purchased 36 Richmond Street which is located at the corner of Richmond and Prince Edward Streets.

The 3 story heritage brick building is a masterpiece of architectural detail much of which has thankfully been preserved. The ground floor with its high punched tin ceilings and old “apothecary” drawers has been used for various commercial enterprises in the past. The upper two floors were most recently rented as one massive residential unit. The attention to detail and craftsmanship evident in the extensive wood paneling and molding is impressive. Two built-in rounded benches are absolutely amazing.

36 Richmond Street

According to the Press Release issued today “Adams Green is the first accounting firm in Canada to be certified as a B Corporation. That means they value people and the planet as much as profit”.

In the press release Owen and Haley Green, the new owners, go on to explain that they are launching The Wheelhouse “A kind of community centre for entrepreneurs, where people can come together to collaborate around all kinds of ideas”.

They really embraced the Waterloo Village location… it fits right in their “wheelhouse” of being socially responsible. The Union Street and Waterloo Village areas of Saint John have experienced a wave of investment in recent months and they wanted to be part of making a difference in this up-and-coming neighbourhood.

Stephanie Turner, Partners Global represented the Buyers and Gary Vincent of Keller Williams was the listing agent.

PHOTOS of the inside and more on this story at Huddle.Today

#91King Street SOLD

91 King Street Saint John, New Brunswick

Update May 3rd – NOW LEASING! Inquiries regarding commercial leasing in the soon-to-be-redeveloped 91 King Street can be directed to Stephanie Turner, Partners Global (505) 333-3442

sold imageAfter more than 6 months of negotiations, 91 King Street has been purchased by an investor. Integrity Real Estate Investments (IREI) is the proud new owner. The transaction was complicated as the property carried some restrictive covenants that had been imposed years ago when the land was owned by the Anglican church. IREI’s solicitor, Andrew Costin, a partner with the law firm of Gorman Nason, was instrumental in revising the restrictions to allow for the intended development of the property. Steve Carson from Develop Saint John played a key role in interfacing with the church representatives to reach a successful conclusion.

IREI, along with its investors, have plans to redevelop the property. Current zoning requires that the ground floor remain commercial but the upper floors will likely be converted to residential or complimentary uses. IREI and their consultants, Morgan Lanigan and Melissa Wakefield of EXP Architects Inc., are encouraged by early reviews of the existing structure during the due diligence period that suggest additional floors could be added to the building.

The “metro brown” & red aluminum siding covering much of the building’s character will be coming down and it’s intended that the building facade will be restored to its former glory. The building has some strong mid-century elements including terrazzo flooring which shall be preserved and built upon.   IREI and EXP will be working closely together over the coming months on the project’s design and next steps.

This is fantastic news for uptown Saint John. This strategic corner has been sorely underutilized for years and it’s time has now come! The public can continue to watch for news of the development on Facebook and Twitter using #91King 

Develop Saint John issued the following PRESS RELEASE related to the news. 

Stephanie Turner, Partners Global Corporate Real Estate, represented both the Seller & Buyer in this commercial real estate transaction.

4.65 acres SOLD on Rothesay Avenue

60 Rothesay Avenue, Saint John, NB

A high profile parcel of land totaling 4.65 acres has been SOLD. The land wraps around the existing Canadian Tire Gas Bar and has road frontage on both Rothesay Avenue and McAllister Drive. Watch for a new retail project happening soon!

Stephanie Turner of Partners Global was the Listing Agent

REQUEST FOR TENDERS – 1/3 acre in downtown Sussex


#BroadStreetSussex  artist rendering

63 Broad Street, Sussex, New Brunswick. 

Broad Street has always represented the heart of the town of Sussex. It was a lively bustle of friendly meals and small town retail. After a fire in 2012 destroyed several mainstay businesses and residential apartments, the community was heartbroken. No one knew what would become of this empty space, this ‘hole’ in the heart of the community.

OPPORTUNITY:
Approx. 1/3 acre of commercial/retail land available for redevelopment. The owners have a vision and mandate to see this parcel of land restored to it’s highest and best use i.e. a mixed use development including such commercial enterprises as restaurants, micro-brewery, and/or retail shops and residential units.

Interested parties are invited to submit a response to the Request for Tenders including offering price along with a detailed proposal of their intended use for the property. NOTE: preference will be given to tenderers who’s proposed development of the parcel is deemed by the Vendor to increase the long term vibrancy of downtown Sussex.

FOR COMPLETE DETAILS on opportunity & information on responding to the REQUEST FOR TENDERS click HERE