1329 Greene Avenue, Westmount

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1 Commercial Space for Lease 2,900 square feet of commercial space available for lease on Westmount s premier retail artery 1329 Greene Avenue, Westmount Mark Sinnett Executive Vice President Real Estate Broker T mark.sinnett@am.jll.com Armen Markarian Associate Commercial Real Estate Broker T armen.markarian@am.jll.com

2 2,900 SF of prime retail space with an additional 800 SF of finished basement for lease on prestigious Greene Avenue Highlights 2,900 square feet of commercial space for lease on Greene Avenue on the corner of de Maisonneuve Boulevard West in Westmount s primary retail node. Features high-quality finishings including hard wood floors, a 15-foot ceiling, a 30- foot glass façade, a loading dock and a freight elevator. Additional 2,600 square feet of basement space, of which 800 square feet are finished; the remaining 1,800 square feet can be used for storage. One parking stall is also available. Strong retail environment characterized by a unique village-like atmosphere and known for its upscale boutiques, restaurants and bistros, art galleries and antique dealers. Local tenants include the Bank of Montréal, Scotia Bank, Second Cup, Les Cinq Saisons, Jean-Coutu Pharmacy, Restaurant Chez Nick, Au Pain Doré, Bistro on the Avenue, La Cache, etc. In the heart of the prestigious City of Westmount, known for its exceptional quality of life, high household income and unique residential character Greene Avenue, Westmount Please contact us for the asking rent Greene Avenue, Westmount Page 2

3 Floor Plan Renovated space featuring high-quality finishings 1329 Greene Avenue, Westmount Page 3

4 Retail Environment Greene Avenue, which runs north-south down from Sherbrooke Street West, is considered to be Westmount s premier retail node. It is known for its upscale shops, restaurants, art galleries and antique dealers and its villagelike atmosphere that encourages shoppers to stroll and window-shop. It features a number of local institutions, such as Nicolas Hoare, a popular independent bookstore, Chez Nick s, Bistro on the Avenue, Vago, Emma Boutique, Georges Rech, Galerie D Este, and respected antiquities shops, like Lapidarius and Coach House Antiques. Other well-known retailers include Lululemon, Les Cinq Saisons, Starbucks, and Au Pain Doré. Heavy pedestrian traffic generated by Greene Avenue s unique village-like atmosphere 1329 Greene Avenue, Westmount Page 4

5 Market Overview The City of Westmount distinguishes itself from other Montréal boroughs for its exceptional quality of life, as illustrated by the many luxurious residences which line the quiet, winding roads. Although only a few minutes away from downtown Montréal, Westmount retains a distinctively residential character, with commercial activity centered around Sherbrooke Street West, Sainte-Catherine Street West and Greene Avenue. Indicative of Westmount s unique character, household incomes, median age, and educational levels here are significantly higher than in the Greater Montréal Area. Almost 28% of Westmount households report incomes in excess of $250,000, with the average household income resting at $226,499, as compared to the GMA average of $76,157. The median age in Westmount is also significantly higher than the rest of the island, 45.9 as compared to It is also important to note that the majority of Westmount s population hold a bachelor s degree or higher (68%) whereas only 24% of the GMA s population have completed post-secondary education. This is reflected in the area s economic activity, where we find one of the city s lowest unemployment rates (4.9%). Occupations in management (20%), in social science, education, government and religion (18.4%) and sales and services (18%) represent the largest employment sectors. No doubt the health and natural and applied sciences occupations will come to play a bigger role upon the completion of the MUHC s Glen Campus, an estimated $1,343 billion investment in the area. Other major employers include the Canadian Union of Public Employees (CUPE), the Dale Parizeau Morris Mackenzie insurance firm, Dawson College and Xerox Canada. At the heart of one of Montréal s most prestigious, upscale neighbourhoods 1329 Greene Avenue, Westmount Page 5

6 About the JLL s specializes in the acquisition, disposition and leasing of commercial, semi-commercial and retail properties both in the Greater Montréal Area and throughout the province. The group offers: Acquisition and disposition services; Leasing and landlord representation services; Asset review and financial analysis; and Investment strategy development and due diligence support. Our main objective is to ensure that our clients receive maximum value for their real estate investments. Our approach, tools and processes have all been optimized to meet this goal, allowing us to successfully transact the majority of our assignments. In addition to our 20 years of cumulative experience, we offer industry-leading research, market intelligence, and unmatched exposure to investors, retailers, users, and developers across the country. About JLL JLL (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $4 billion, JLL operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. Real Estate Services Inc. Real Estate Agency 1 Place Ville Marie, Suite 2121 Montréal, Québec, H3B 2C6 Tel Mark Sinnett Executive Vice President Real Estate Broker T mark.sinnett@am.jll.com Armen Markarian Associate Commercial Real Estate Broker T armen.markarian@am.jll.com