TABLE OF CONTENTS LIMITING CONDITIONS 1 EXECUTIVE SUMMARY 2 SPECIFICATIONS 3 PROPERTY PHOTOS 5-7 BUILDING FLOOR PLAN 8-9 PARKING LOT LAYOUT 10

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2 TABLE OF CONTENTS LIMITING CONDITIONS 1 EXECUTIVE SUMMARY 2 SPECIFICATIONS 3 PROPERTY PHOTOS 5-7 BUILDING FLOOR PLAN 8-9 PARKING LOT LAYOUT 10 SITE PLAN 11 AREA OVERVIEW 12 ZONING 14 MARKET OVERVIEW 15 AREA OVERVIEW 16 CONTACT INFORMATION 18

3 LIMITING CONDITIONS The information contained in this package was obtained from the owners and other sources deemed reliable. However, no representations, declarations or warranties are given or implied by Cushman & Wakefield Atlantic, or the owner as to its accuracy or completeness and such information should not be relied upon by prospective purchasers without independent investigation and verification. This information package does not purport to be all-inclusive or to contain all of the information that a prospective purchaser may require in determining whether or not to purchase the property. The owner and Cushman & Wakefield Atlantic expressly disclaim any and all liability for any errors or omissions in this package or any other oral or written communication transmitted or made available to prospective purchasers. This information package is for information and discussion purposes only and does not constitute an offer to sell or the solicitation of any offer to buy the property. The owner and Cushman & Wakefield Atlantic undertake no obligations to provide the recipient with access to additional information. The owner reserves the right to remove the offering from the market at any time and is under no obligation to respond to or accept any proposal or offer to purchase the property. 1

4 EXECUTIVE SUMMARY 770 St. George Blvd, located in Moncton, NB is a high profile first class single storey commercial building with great curb appeal. This flex/multiuse building is ideal for many business uses. It has modern features, private offices, training areas, generous natural light throughout and high exposed ceilings in a large open concept area. The property is situated at the southeast corner of the intersection of St. George Blvd and Milner Road on the four lane main artery connecting Downtown to the Moncton Industrial Park. Jones Lake sits at the rear of the building and the property is located close to Centennial Park, walking trails and all amenities. 770 ST GEORGE BOULEVARD Property Type Commercial/Office Building Building Size 23,625 sf Site Size 4.35 acre Construction Concrete block and steel framed building Year Built Built in 1958 Repurposed in 1982 with modern office upgrades Property Taxes 2014 $100, Assessment 2014 $2,228,900 Asking Price $1,995,000 2

5 SPECIFICATIONS BUILDING OVERVIEW Civic Address 770 St. George Boulevard Moncton, NB Legal Description PID No: PAN No: Site Size Zoning Frontage Topography Parking Municipal Services Construction Building Area Building Sections Outbuildings 4.35 acres (includes green space area for potential building expansion) SC-1 Suburban Commercial +/- 401 feet along the south side of St. George Boulevard +/- 330 feet along the east side of Milner Road Level Paved Parking +/- 137 spaces All municipal services including fire and police, hydro, telephone One-storey concrete block and steel framed building. Foundation consists of a concrete slab with concrete perimeter walls. One section possesses a full basement with a poured concrete foundation Roof is flat, asphalt and gravel cover Exterior is clad metal siding, windows are fixed thermopane units, entrance consists of standard commercial glass entrance system Flex/multi use building ideal for many business uses; modern features, private offices, training areas, warehouse area, generous natural light throughout and high exposed ceilings in large open concept area Main entrance/office section consists of open work spaces, perimeter window offices, a barrier-free washroom, supply rooms and staff room Computer server room has a raised floor for housing cabling, and an area of +/- 1,600 sf. The building s HVAC system is specifically adapted to remove the amount of heat generated by the computer equipment Warehouse/Storage areas +/- 2,560 sf of storage space with ample clear height of 18 to 20. There is a second file storage area measuring +/- 2,765 sf Basement area washrooms and the building s mechanical rooms are located Large open concept work space features ceiling heights of +/- 16 and occupies approximately one third of the building. Metal storage garage, 746 sf 3

6 Electrical Supply Heating System Special Features Loading doors 600 amp, 3-phase electrical entrance HVAC system equipped with two 10-ton and two 2-ton rooftop mounted electric cooling units, a York air handler unit, and electric baseboard heaters Building is sprinklered; including 3 pre-action fire units covering zones located in the computer room, basement and records centre kva uninterruptable power supply units and a diesel backup generator Two 10`x 8`truck level loading doors with bumpers and dock levelers 4

7 PROPERTY PHOTOS EXTERIOR PHOTOS 5

8 PROPERTY PHOTOS INTERIOR PHOTOS 6

9 INTERIOR PHOTOS CONT D 7

10 BUILDING FLOOR PLAN MAIN FLOOR PLAN 8

11 BUILDING FLOOR PLAN BASEMENT FLOOR PLAN 9

12 PARKING LOT LAYOUT 10

13 SITE PLAN 11

14 AREA OVERVIEW The subject property is located in an area of the city that experiences heavy traffic during peak times in a day. It is situated on the southeast corner of the intersection of St. George Boulevard and Milner Road. Properties in the immediate vicinity are commercial in nature with various retail buildings along the south side of St. George Boulevard and larger industrial buildings on the northern side of the boulevard. Properties in the periphery toward Main Street are residential intermixed with institutional, retail and industrial properties. Centennial Park is located northwest of the subject, within walking distance. Another contributor to the heightened traffic is the Moncton Industrial Park, which is several kilometers west of the subject property. LOCATION MAP 12

15 TRAFFIC VOLUME ILLUSTRATION St. George Boulevard is a four lane two way main artery connecting Downtown to the Moncton Industrial Park. There are sidewalks running along the north and south sides of the street. There is paved parking surrounding the building. The property is located in the Commercial District that sees considerable traffic. 14,307 vehicles daily Average traffic counts for the corner of St. George Blvd. and Milner Street, Moncton. 13

16 ZONING ZONING/ LAND USE SC-1 (Suburban Commercial Zone) and P2 (Open Space and Conservation Zone). The northern portion of the site (+/ acres) upon which the current improvements are situated is zoned SC1, while the southern portion (+/ acres) is zoned P2 and is for the most part covered by Jones Lake. PERMITTED USES SC- 1- Retail or wholesale store, retail building, supply outlet, restaurant, bank, beverage room, lounge or other premises licensed for the sale of alcohol, motel/hotel, entertainment or recreational use, other than adult entertainment, office not to exceed 465 square meters, etc. P2- Passive recreation uses including parks and trails, conservation-related uses, or interpretive centers and displays. Subject to subsection 2.19, any accessory building, structure or use, incidental to the permitted main use of the land, building or structure. 14

17 MARKET OVERVIEW The subject property is situated in Moncton, New Brunswick, ideally located at the intersection of St. George Boulevard and Milner Road. This location is adjacent to Centennial Park. On the opposing corner, is a Moncton Fire Station, and next door is a Tim Horton s Location. This Property is broadly zoned under SC1 (Suburban Commercial Zone) which allows for office, retail, residential, hotel, motel, bank or financial services and many other permitted uses. Moncton has shown a 17.8% increase in population from and is known to be the 5 th fastest growing community in Canada. This translates into an increase in demand for commercial, office, retail and residential uses. Greater Moncton has a diverse economic base that includes national back-office centers, customer service centers, head and regional offices, medical services, education and retail, along with a growing manufacturing base. In 2012, KMPG ranked Moncton as the lowest cost location for business in Canada. The city has transformed from a blue-collar community with an uncertain future, to one of the most diversified and fastest- growing areas in Canada. - Rachel Naud, KPMG 15

18 AREA OVERVIEW MONCTON, NEW BRUNSWICK Based on the 2011 Census of Population, Greater Moncton has a population of 138,644 which is 9.7% higher than in In 2011, 15.5% of the population was under the age of 15 and 14.6% was 65 years or older. In 2011, the average income for families in Moncton was $72,290 a year, compared with the average of $65,384 for New Brunswick. known for its festivals, community events, recreation programs, trails, and shopping. Downtown Moncton is 2.07 square Kilometers in size. St. George Boulevard extends from St. George Street to Edinburgh Drive and runs 5.1 kilometers in length. Moncton is home to a mix of restaurants, retail, industrial, commercial and service firms. Downtown Moncton has a working population of approximately 18,000 and approximately 6,000 people live downtown. Not only does this lead to ample foot traffic, but St. George Boulevard is a four lane two way main artery of the GMA which serves businesses well by providing great visibility and accessibility. The City of Moncton is known as the retail hub of the Maritimes, with more than 1.3 million people living within a 2.5-hour drive. This strategic geographic position in the center of the Atlantic Trade Gateway has helped the region became a transportation and distribution hub for road, rail and air cargo. The same can be said for the location of this property. The North end of the city has lead the way in growth for a few years, and investors are excited to be a part of this growth. There is a lot of rebuilding and there is a lot happening in the downtown section of Moncton with more to come. It is an upbeat section of town for investors to be considering. Not only does Moncton act as a service centre for professional businesses and institutions, but because of the genuinely great quality of life provided to residents, it s a great place to live as well. Moncton is also well 9.7% growth In population from in Moncton, New Brunswick. 16

19 MONCTON, NEW BRUNSWICK (CONT D) Four of Atlantic Canada s top business/industrial park campuses. Tri-Community of Moncton, Dieppe and Riverview. One of the fastest growing international airports in Canada (passenger and cargo). Advantages of a larger city, but not traffic congestion or parking issues. Committed to creating an attractive place for investors. Home of three universities, two public colleges and multiple private, post-secondary colleges. One of the world s top seven Intelligent Communities (Economic Growth in the Broadband Economy) and hosted the first Intelligent Communities Summit (2009). Ranked as the number one place to do business in Atlantic Canada and New England: KPMG Competitive Alternatives Study (2010, 2008 and 2006). Expected to break into top 10 metropolitan economies in Canada for economic growth in 2013: Conference Board of Canada s Metropolitan Outlook-Winter The downtown core fosters a positive environment for individuals to work, shop live & play. With an abundance of work, living, dining, shopping, services, recreation and entertainment opportunities in the area, this development will truly provide users with a unique and exciting opportunity to: WORK. SHOP. LIVE. PLAY. 17

20 CONTACT INFORMATION For further information please contact the Cushman & Wakefield Atlantic sales representatives below. Aussi disponsible en français. IAN FRANKLIN COMMERCIAL SALES & LEASING MOBILE FAX ADAM MAGEE COMMERCIAL SALES & LEASING OFFICE FAX DONNA GREEN COMMERCIAL SALES & LEASING OFFICE FAX ANDREW BELLIVEAU COMMERCIAL SALES & LEASING OFFICE FAX C&WA MAILING ADDRESS 32 Alma Street, Moncton NB E1C 4Y1 WEBSITES C&WA Regional Website: C&W Corporate Website: SOCIAL MEDIA C&WA on LinkedIn: tc C&WA on Facebook: 18