Home » Posts tagged 'sub-lease'
Tag Archives: sub-lease
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, Partners Global, was the listing agent and also acted as Hub International’s local Tenant Representative in negotiating the sub-lease.
In the wake of the recent announcement that Dealermine is moving their head office from the KV to uptown, they are now ready to announce that, in the spring of 2016, they will be relocating their business development centre from 370 Rothesay Ave to Place 400 and tripling the size of their space. “Our location in the former Ponderosa building on Rothesay Ave has served us well for the last 8 years but (more…)
1 Germain Street (18th floor Brunswick Square), Saint John, N.B.
The 18th floor of Brunswick Square (17,497 square feet), previously occupied by Salesforce, has been sub-leased by Mariner Partners. Mariner continues to occupy space in the Red Rose Tea building (12 Smythe Street) but seized an opportunity to take advantage of the top class finishes and flexible collaborative environment that had been created on the 18th floor of the Brunswick Square office tower. Salesforce continues to occupy the entire 16th floor of Brunswick Square. Stephanie Turner represented Salesforce and Ian McCoy of Re/Max Professional Saint John represented Mariner Partners.