Status:  For Sale

Addresses: 

Intrinsic Place: 2891 Sunridge Way NE

Braithwaite Boyle Centre: 1701 Centre Street NW

Net Rentable Area: 

Intrinsic Place: 87,271 SF

Braithwaite Boyle Centre: 54,905 SF

Year Built: 

Intrinsic Place: 2001

Braithwaite Boyle Centre: 1982

Highlights:

Intrinsic Place

• Exceptional opportunity to acquire a Class “A” downtown office building at a significant discount to replacement cost
• 100% leased to 7 tenants, with a weighted average lease term of 3.2 years
• Intrinsic Place has an average in-place net rent of $15.08 PSF, with future contractual increases over existing lease terms
• Excellent parking ratio of 1 stall per 327 SF (3.06 stalls per 1,000 SF), which supports medical uses

Braithwaite Boyle Centre

• 90% leased to 11 tenants, with a large portion being long-term tenants
• Braithwaite Boyle Centre has an average in-place net rent of $12.25 PSF
• Significant capital investments have recently been made to the building lobbies, complete elevator modernization overhaul, and mechanical/HVAC systems
• Located on a prominent corner site, with direct exposure to 16th Avenue NW (Trans-Canada Highway)? The site will be directly adjacent to the future Green Line LRT 16th Avenue N Station