WESTERN CANADA - NOTEWORTHY SALE ACTIVITY CAIC 2013 Presented by: - - PowerPoint PPT Presentation

SEPTEMBER 2013

WESTERN CANADA - NOTEWORTHY SALE ACTIVITY CAIC 2013

Presented by:

Tim Sommer, Vice President

Cushman & Wakefield Capital Markets Group – Calgary

WESTERN CANADIAN MARKET 2013 1 <INSERT CLIENT NAME – ALL CAPS> (VIEW > SLIDE MASTER> STANDARD LAYOUT) CUSHMAN & WAKEFIELD

VANCOUVER, B.C.

300 EAST 10TH AVENUE

• Sold by a Housing Society, below market rents
• Significant upside projected by purchaser
• Per square foot price of $446 in part due to

smaller suite sizes

• SELLING PRICE: $12,000,000
• PRICE PER SUITE: $182,000
• CAPITALIZATION RATE : +/-4.0%

General: premium properties mid/high $200,000’s per suite, cap rates in the 3%’s … for now

WESTERN CANADIAN MARKET 2013 2 <INSERT CLIENT NAME – ALL CAPS> (VIEW > SLIDE MASTER> STANDARD LAYOUT) CUSHMAN & WAKEFIELD

CALGARY, ALBERTA

BELTLINE CONCRETE PORTFOLIO

• 118 suites, three inner-city concrete buildings
• National buyer (REIT)
• Excellent condition, market rents with some

upside

• SELLING PRICE: $25,300,000
• PRICE PER SUITE: $214,407
• CAPITALIZATION RATE : 5.3%

General: significant growth in rents in past 18 months, may be approaching peak pricing

WESTERN CANADIAN MARKET 2013 3 <INSERT CLIENT NAME – ALL CAPS> (VIEW > SLIDE MASTER> STANDARD LAYOUT) CUSHMAN & WAKEFIELD

REGINA, SASKATCHEWAN

WORTHWILE/DHH PORTFOLIO

• 152 suites in 8 low-rise properties
• Calgary seller, Calgary buyer
• Not formally listed, had been available

previously

• SELLING PRICE: $16,669,200
• PRICE PER SUITE: $109,665
• CAPITALIZATION RATE : +/-7.0%

NOTEWORTHY WESTERN CANADA SALES ACTIVITY CAIC 2013

Prepared By: Tim Sommer

Vice President, Capital Markets Group, Calgary 403.261.1188 tim.sommer@ca.cushwake.com