INVESTMENT Q MULTI-PROPERTY REPORT ... We are pleased to present the Q3 2018, Investment MultiProperty Report. Brochures

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1 ... We are pleased to present the Q3 2018, Investment MultiProperty Report. Brochures are linked (online) to each property for more information. Please feel free to contact any member of the Blackstone Commercial team for further information. Feature Properties Avenue SW Street SW Avenue SW Acres, Heritage Hills.. 5 For Sale in Alberta Calgary Medicine Hat Cochrane Stavely Q MULTI-PROPERTY REPORT INVESTMENT BC Kelowna Leased / Sold Investment Market Forecast and Trends Team Contact Info Blackstone Commercial is YOUR COMPLETE REAL ESTATE SERVICE PROVIDER. 3 SI T E 5 1A -B OW VA LLE YT RA IL

2 127, th Street SE, Calgary, AB Plus $529,000 Equipment Site Excellent location with quick access to Barlow and Stoney Trail. 2,068 ± sq. ft. Industrial Condo Bay Direct access to 50th Street Main floor has washroom and an open work area with a spray booth Low maintenance investment 2,068 ± sq. ft. $529,000 Set up for spraying cabinetry with permits and all equipment David Mulholland direct: Chez Moi Avenue SW, Calgary, AB 75 ft X 120 ft (9,000 sq. ft.) $3,095,000 Prime inner-city location, Zoned M-C2 Close to restaurants and shops on 17th Avenue and 4th Street Tenants can walk to the downtown core Quiet street near park, large suites (600 ± sq. ft.) In-suite storage Concrete construction, ten balconies, roof replaced 2006 ± Suite Mix / 16 - One Bedroom Wedgewood Arms Street SW, Calgary, AB 50 ft X 130 ft (6,500 sq. ft.) $2,995,000 Concrete 2½ storey walk-up in Lower Mount Royal. 80% of suites recently renovated. Recent boiler and hot water tank replacement, separate meters. Building reports available Suite Mix 16 - One Bedroom 2

3 Westside Apartments Avenue SW, Calgary, AB 110 ft X 130 ft (14,284 sq. ft.) $8,195,000 Great site in a sought after prime inner-city location close to restaurants and shops on 4th Street Concrete building with exceptional views and ideal suite mix Full parking Close proximity to Erlton LRT Building has been recently renovated including the roof NEW PRICE Avenue SW, Calgary AB Site 50 ft x 120 ft (6,000 sq. ft.) $1,249,000 Prime Sunalta location Close to restaurants and shops on 17th Avenue Gross rent $69,000, NOI $44,800 4 tenants in 1509, 2 tenants in ft x 120 ft (6,000 sq. ft.) Street SW, Calgary, AB Site 50 ft x 139 ft (6,969 sq. ft.) $2,275,000 Prime inner-city location, views from upper suites Close to restaurants and shops on 17th Avenue Tenants can walk to the downtown core Roof replaced 2005 ± Suite Mix: 1 - Bachelor 8 - One Bedroom 4 - Two Bedroom 13 total 3

4 120 & Avenue NE, Calgary, AB 6,250 ft (0.14 acres) $2,150,000 Excellent access to Centre Street and the Downtown Core Surface parking in the rear (8 stalls) Recent roof replacement Recent tenant improvements Some space available for an owner/user Fully leased NOI approximately $100,000 O/C approximately $7.20 psf C/ S Avenue SW, Calgary, AB 9,750 sq. ft. (75 ft x 130 ft) $2,395,000 Zoned Multiresidential - Mixed Use 75 feet of frontage 9,750 sq. ft. site with GFA of 5, option to gross up to 7 Located just south of Calgary s downtown core Level, rectangular site Facing 17th Avenue retail strip Land Use: CC.MHX, Centre City Street NW, Medicine Hat, AB Site 26,096 ± sq. ft. $2,125,000 Suite Mix: 600 ± sq. ft. - 5x One Bedrooms ± sq. ft. - 18x Two Bedrooms 16,500 ± sq. ft Suites Building has a history of stable occupancy 23 suite apartment complex, NW location 13 of 23 suites recently renovated Roof 16 years old, wide hallways, dura deck on balconies Majority of windows replaced Large site with ample parking 4

5 20 Acres, Heritage Hills, Cochrane, AB 20 ± Acres $6,250,000 Located in the northwest area of Cochrane in Heritage Hills 20 Acres of Single Family and Multi-Residential land 1A The property is currently zoned Residential - single family and multi -B OW SITE Stage 2 neighbourhood plan VA LLE YT Phase 1 Environmental assessment was completed RA IL Proposed to include 98 single family lots & 51 townhouse lots No Wetland Reserve issues Cochrane Park Plaza Avenue East, Cochrane, AB Irregular $1,590,000 Cochrane s population has increased 50% in the last seven years 50% of Cochrane s workforce are employed in town Suite Mix 5 - One Bedroom 4 - Two Bedroom 9 - total suites Stable tenancy, close to shops and restaurants NEW PRICE nd Street, Stavely, AB Building Bay Range 7,579 sq. ft. (rentable) 1,833 Sq. ft. - 1,924 sq. ft. 8,000 sq. ft. gross plus mezzanine Price $779, (total building) Build out of front office, mezzanine and washroom available Bay sizes range from 1,833 sq. ft. to 7,579 sq. ft. Number Of Bays: 4 Excellent exposure to Highway 2 Vendor financing available (OAC) Drive-in loading with large marshaling areas 5

6 245 Lougheed Road, Kelowna, BC C/S Site Sale Price ± Acres $800,000 Available: Immediately Multiple Design Build / Build to Suit options available with a variety of approved uses Developer / Builder in place with concept buildings Conceptual Office Design Office Space: 3 Stories : 6,000 ± sq. ft. per floor over 3 floors Conceptual Industrial Design Bay sizes: 4 Bays at 2,400 ± sq. ft. ea Ian Burak direct: Lougheed Road, Kelowna, BC C/S Site Sale Price Main Floor 1,100 ± sq. ft ± Acres $2,400,000 Available: Please contact Agent Building: 7,860 ± sq. ft. over 2 floors Multiple Design Build / Build to Suit options available with a variety of approved uses Class A office space Large lot with room for expansion Plans for additional 18,200 square foot office building Sale Lease back opportunity available Ian Burak direct: SOLD Bankview Manor Avenue SW, Calgary, AB ft X ft (13,101 sq. ft.) $3,295,000 D L South Calgary location, mix of townhouse and apartment suites O S Covered parking Future redevelopment potential to 32,752 sq. ft. buildable Downtown skyline views Potential to assume existing 3.15%, till March 2022) 20 - Total Suites (13,550 sq. ft.) 6

7 Sales Transactions Q3 Calgary, AB ST NE Price Breakdown: $669 / SF Sale Price: $107,000,000 Lot : 7.52 Acres / Building Area 160,000 SF Sale Date: 08/31/2018 Subdivision: Stoney 1 Category: Commercial / Office AVE SW Price Breakdown: $273 / SF Sale Price: $98,000,000 Lot : 112,072 SF / Building Area 359,595 SF Sale Date: 09/18/2018 Subdivision: Connaught Category: Commercial / Office Investment Market Forecast and Trends Calgary Demographics Population (2018 estimated) 1,534,110 Median Age 36.3 years Calgary Unemployment 8.3% (Oct. 2018) Oil ($US/bbl) September Trend Change WTI % Brent % WCS % Cap Rates (Q3 2018) Class A Class B A Class Industrial B Class Industrial Regional Power Neighbourhood Strip Consumer Price Index September Trend Change Alberta % Energy % Food % Building Permits (Calgary) - x 1,000 July Trend Change Industrial 18,253 2, % Commercial 67, , % Institutional/Gov t 40,041 76, % 7

8 For further information, please contact any of our experienced real estate professionals: Shane Olin President Broker direct: Marlene Zaharichuk Vice President / Property Manager direct: cell: mzaharichuk@blackstonecommercial.com Jay Donais Partner / Senior direct: cell: jdonais@blackstonecommercial.com Ian Burak Senior / Sales & Leasing direct: cell: iburak@blackstonecommercial.com Sandra Easton direct: cell: seaston@blackstonecommercial.com Umang Dattani Sales direct: cell: udattani@blackstonecommercial.com Grant Potter direct: cell: gpotter@blackstonecommercial.com Stacey Busse direct: cell: sbusse@blackstonecommercial.com Rebecca Breneman direct: cell: rbreneman@blackstonecommercial.com David Mulholland direct: cell: dmulholland@blackstonecommercial.com Rod MacWhirter For General Enquiries connect with us: marketing@blackstonecommercial.com / direct: rmacwhirter@blackstonecommercial.com