q2 update 2016

CBRE LIMITED
Q2 UPDATE 2016
TEAM SOMMERFELD :: HUNTER
WATERLOO REGION
FEATURED PROPERTIES:
130 VICTORIA STREET SOUTH
CITY:
132 QUEEN STREET SOUTH
KITCHENER
CITY:
TOTAL SQ. FT.:
±2,300 - ±5,801
TOTAL SQ. FT.:
±15,230
LEASE:
$15.95-$17.95 per sq. ft.
LEASE:
$12.50 per sq. ft.
3590 LOBSINGER LINE
KITCHENER
1 VICTORIA STREET
588 COLBY DRIVE
CITY:
ST. CLEMENTS
CITY:
WATERLOO
CITY:
KITCHENER
TOTAL SQ. FT.
±9,314
TOTAL SQ. FT.:
±26,000
TOTAL SQ. FT.:
±1,210
SALE:
$445,000
SALE:
$2,200,000
SALE:
$449,900
CONTACT US
DIETMAR SOMMERFELD**, CCIM
Senior Vice President, Broker
519 340 2314
dietmar.sommerfeld@cbre.com
WILL HUNTER**, BBA
Sales Representative, Broker
519 340 2307
will.hunter@cbre.com
JULIE GARASTO
Client Services, Assistant
519 340 2316
julie.garasto@cbre.com
FEATURED PROPERTIES
C U
O N
N D
TR ER
AC
T
Q2 UPDATE - 2016
515 RIVERBEND DRIVE
487 RIVERBEND DRIVE
CITY:
KITCHENER
CITY:
KITCHENER
TOTAL SQ. FT.:
±3,283
TOTAL SQ. FT.:
Up to ±7,969
LEASE:
$14.50 per sq. ft.
LEASE:
$10.50 per sq. ft.
540 KINGS HIGHWAY
41 ARDELT PLACE
244 SHOEMAKER STREET
CITY:
KITCHENER
TOTAL SQ. FT.:
±15,199
SALE / LEASE:
$1,500,000 /
5.50 per sq. ft.
25 MCINTYRE PLACE
FORT FRANCES
CITY:
KITCHENER
CITY:
TOTAL SQ. FT.:
±7,500
TOTAL SQ. FT./ACRES:
±100,000/17 acres
TOTAL SQ. FT.:
±5.972
SALE:
$650,000
SALE/LEASE:
$9,000,000
LEASE:
$5.25 per sq. ft.
CITY:
110 FROBISHER DRIVE
130 FROBISHER DRIVE
CITY:
WATERLOO
CITY:
TOTAL SQ. FT.:
±1,864
LEASE:
$7.50 per sq. ft.
134 SYDNEY STREET SOUTH
130 SALTSMAN DRIVE
WATERLOO
CITY:
CAMBRIDGE
TOTAL SQ. FT.:
±2,315
TOTAL SQ. FT.:
±10,000 -±50,000
LEASE:
$6.50 per sq. ft.
LEASE:
$6.00 per sq. ft.
450 FREDERICK STREET
KITCHENER
CITY:
TOTAL SQ. FT.:
±17,025
SALE:
$995,000
CITY:
KITCHENER
8 & 9 LLOYD STREET
KITCHENER
CITY:
BRANTFORD
TOTAL SQ. FT.:
±2,425
TOTAL ACRE:
±4.25 acres
LEASE:
$7.95 per sq. ft.
SALE:
$1,200,000
KEY TRANSACTIONS
SO
LD
SO
LD
Q2 UPDATE - 2016
334 MANITOU DRIVE
128 ERB STREET WEST
WATERLOO
CITY:
KITCHENER
TOTAL SQ. FT.:
±2,480
TOTAL SQ. FT.:
±24,219
SO
LD
SO
LD
CITY:
15 MILLWOOD CRESCENT
693-695 BELMONT AVENUE
KITCHENER
CITY:
KITCHENER
TOTAL UNITS:
50 Unit Multi-Residential Investment
TOTAL SQ. FT.:
±7,006
LE
A
SE
C U
O N
N D
TR ER
AC
T
D
CITY:
280 SHOEMAKER STREET
41 ARDELT AVENUE
CITY:
KITCHENER
CITY:
KITCHENER
TOTAL SQ. FT./ ACRES:
±17,820/ 8.42 acres
TOTAL SQ. FT.:
±14,000
WATERLOO REGION UP COMING EVENTS
#kwawesome
KITCHENER RIB &
BEER FEST
UPTOWN WATERLOO
JAZZ FEST
DOWNTOWN KITCHENER
BLUES FEST
WATERLOO BUSKERS FESTIVAL
CITY:
KITCHENER
CITY:
WATERLOO
CITY:
KITCHENER
CITY:
WATERLOO
DATE:
July 15-17
DATE:
July 15-17
DATE:
August 4-7
DATE:
August 25-28
IN THE NEWS
Q2 UPDATE - 2016
Highlights from client expansions in the Community:
Everalbum Expansion.
This expansion includes the acquisition of
downtown Kitchener Velocity Garage startup “Pout”.
https://www.everalbum.com/
http://pout.co/
Read More Here:
http://bit.ly/28W6Qmg
CONTACT US:
Congratulations Ctrl V on your new Location at
170 Columbia Street W, Waterloo
Book your Virtual Reality Experience with them
today!
http://ctrlv.ca
Read More Here:
http://bit.ly/28SgoLM
Welcome to Kitchener Digital Chaos Inc.
Digital Chaos is a professional graphic design and
web applications development studio. Formerly
based in Toronto, Digital Chaos relocated to
Kitchener, Ontario in 2016. We are a dynamic team
of designers and programmers specializing in new
media techniques. Since 1996, Digital Chaos has
been creating informative and professional sites for a
variety of small and large business clients worldwide.
With clients across Canada, the United States and
Europe, our experience is far reaching.
DIETMAR SOMMERFELD**, CCIM
Senior Vice President, Broker
519 340 2314
dietmar.sommerfeld@cbre.com
Q2 UPDATE - 2016
Q2 2016 CAP RATES
Investor interest remains strong in
Waterloo Region due in part to the
growth of the tech sector, which is
where investors are finding niche
opportunities to enter this dynamic
market.
DOWNTOWN OFFICE
Q/Q
AA
N/A
A
6.00% - 7.00%
◄►
B
6.50% - 7.25%
◄►
A
6.25% - 7.50%
▲
B
7.00% - 8.00%
▲
A
5.90% - 6.75%
▼
B
6.75%- 7.25%
▼
Regional
5.50% - 6.00%
◄►
Power
5.75% - 6.50%
◄►
Neighbourhood
6.00% - 6.50%
◄►
Strip
5.25% - 6.50%
◄►
Strip (non-anchored)
5.25% - 7.00%
◄►
High Rise A
4.50% - 5.00%
◄►
High Rise B
4.75% - 5.25%
◄►
Low Rise A
4.75% - 5.75%
◄►
Low Rise B
5.50% - 6.00%
◄►
SUBURBAN OFFICE
WILL HUNTER**, BBA
Sales Representative, Broker
519 340 2307
will.hunter@cbre.com
INDUSTRIAL
The low dollar and improved
industrial fundamentals
are increasing investor interest in this
asset class, which has also led to a
drop in industrial cap rates.
Mid-market investors challenged to
find deals in the larger market are
now turning their eyes to this fast
growing stable market.
RETAIL
APARTMENT
CBRE Limited, Brokerage | 101 Frederick Street | Suite 810 | Kitchener, ON | N2H 6R2 | www.cbre.ca
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent
contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained
from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and
completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s
reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to
placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market
at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or
related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping
Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
JULIE GARASTO
Client Services, Assistant
519 340 2316
julie.garasto@cbre.com