Class a industrial & commercial condos FOR SALE
e l a S E Pr
PRICES NDER NOW U CTION RU CONST
Class a industrial & commercial condos FOR SALE NORTHEAST CALGARY
Page 2 Page 3 Page 4 Page 6
Ideal Location Premium Quality Site Plan Own vs Lease
Ideally LOCATed. Easy access to everywhere. NorthWing Business Park is situated in Calgary’s burgeoning Northeast neighbourhood on a high-visibility site fronting both McKnight Blvd and Metis Trail. It’s close to key transportation routes, including Deerfoot Trail and the Calgary Ring Road, offers convenient access to Calgary’s International Airport, and is next door to the McKnight LRT station. Established and Accessible NorthWing Business Park has a range of major-league neighbours. Walmart, Shaw, ATB Financial and Calgary Police Services have all chosen the area around NorthWing for important new business parks and office campuses. For employees and businesses, the NorthWing location is unbeatable: •
NorthWing is at the major intersection of McKnight Blvd and Metis Trail
•
Minutes to Calgary International Airport. Easy access to future airport tunnel
•
1.2 km to McKnight/Westwinds LRT station
•
1.5 km to McKnight Village, with a range of shops, restaurants and services
•
Silverwing Golf Course and driving range nearby
Page 2
ARTISTS’ RENDERING
class a industrial & commercial space. first-rate flexibility. NorthWing buildings are Class A Commercial Space built with structural steel framing, insulated concrete walls, high-efficiency glass, sprinklers throughout, natural light and LEED-grade T5 lighting. Standard-Setting Commercial Space Thoughtfully designed for function and flexibility, the units offer oversized doors, generous loading areas and ample parking, and allow owners to combine multiple units and construct mezzanines. It’s easy to enter and leave NorthWing, easy to manoeuvre trucks in the generous loading area, and easy for your customers and employees to park their cars.
Page 3
Northwing site plan
floorplans AVAILABLE, visit northwingPark.com
Page 4
northwing FEATURES Site • District: Westwinds • Zoning: DC103Z94 flexible zoning. Zoning allows for general light industrial and commercial uses including: warehousing, distribution, manufacturing, ancillary commercial, athletic, recreational, laboratories and entertainment establishments • Landscaping with irrigation system • 2.5" - 4" asphalt paving • Fully serviced with sanitary, water, storm system, gas and electrical • Easy access to loading doors with generous marshalling area • Ample car parking • Telus ( with fibre capability) and Shaw (Coax network only) high speed internet available to the site
Building • Insulated precast concrete and structural steel construction • Concrete slab-on-grade designed for 500 psf loads • EPDM roof system • Storefront glazing on ground and second floor levels • Dock and drive-in loading • Gas fired unit heaters • Fully sprinklered • Rough-in plumbing for future washrooms at the front and rear of the building Building Specific Features Building 2000 • 100 Amp, 600 Volt, 3 Phase power (per unit) • 1 – 12’ x 14’ drive in door (per unit) • 24’ clear ceiling heights Building 3000 • 200 Amp, 600 Volt, 3 Phase power (per unit) • 2 – 8’ x 10’ dock doors with 40,000lb dock levellers (per unit) • 1 – 12’ x 14’ drive in door (per unit) • ESFR sprinklers • 28’ clear ceiling heights
Green Features • Low-E sealed unit glazing • High efficiency T5 fluorescent lighting to provide 30 foot candles • 6’ x 6’ double domed, acrylic skylights to provide additional natural light BUILDING 2000 UNIT
1
2
3
4, 8-10, 14-15
5, 7, 11, 13
6, 12
16
17
SQUARE FEET
2,372
2,119
2,151
2,220
2,223
2,244
2,222
2,227
PRICE
$521,840
$423,800
$430,200
$444,000
$444,600
$448,800
$444,400
SOLD $489,940
PRESALE PRICE
$521,840
$402,610
$408,690
$421,800
$422,370
$426,360
$422,180
SOLD $467,670
PRESALE PSF
$220
$190
$190
$190
$190
$190
$190
SOLD $210
BUILDING 3000
NOW UNDER CONSTRUCTION
UNIT
1
2
3
4
5
6
7
SQUARE FEET
13,070
12,724
11,882
11,944
11,312
10,720
11,039
PRICE
$2,574,790
$2,353,940
$2,198,170
$2,209,640
SOLD $2,092,720
SOLD $1,983,200
$2,174,683
PRESALE PRICE
$2,444,090
$2,226,700
$2,079,350
$2,090,200
SOLD $1,979,600
SOLD $1,876,000
$2,064,293
PRESALE PSF
$187
$175
$175
$175
SOLD $175
SOLD $175
$187
Page 5
own VS LEASE It’s a positive step from leasing to ownership of commercial space and there’s a strong business case to do so. Compare your options. TOPICS
OWN
LEASE
GROWING EQUITY
As you pay down your principle and your property appreciates, your equity builds.
Renting brings no economic benefit
RENTAL HIKES
Stable mortgage rates reduce uncertainty
The market and landlords decide for you
MANAGEMENT FEES
As part of a team of cost-conscious owners, you have your say on the condo board
Your lease and management company determine operating costs and will change management fees
TAX BREAKS
Depreciate your unit from its full value annually and write off operating and mortgage interest expenses
Write off your lease as a business expense
IMPROVING SPACE
Money spent and mezzanine build out increases unit value
Improvements benefit landlord and may raise renewal rate
LONG TERM BENEFIT
Unit is an investment that can be rented to a third party or sold with business
No economic benefit to you
NorthWing Business Park Own vs Lease Analysis OWNING SCENARIO
SMALL BAY
LARGE BAY
LEASING SCENARIO
SMALL BAY
LARGE BAY
TOTAL SQUARE FEET
2,217
11,000
TOTAL SQUARE FEET
2,217
11,000
PRICE PER SQ. FT.
$200
$185
LEASE TERM
10 YEAR
10 YEAR
PURCHASE PRICE
$443,400
$2,035,000
ANNUAL RATE (PER SQ. FT.)
$12.00
$9.75
DOWN PAYMENT
$110,850
$508,750
ANNUAL LEASE COST
$26,604
$107,250
MORTGAGE AMOUNT
$332,550
$1,526,250
MONTHLY MORTGAGE COST (INTEREST ONLY)
$1,080
$4,956
NET SAVINGS ON OWN VS. LEASE (10YR)
$136,440
$477,780
ANNUAL MORTGAGE COST (INTEREST ONLY)
$12,960
$59,472
EQUITY BUILT DURING OWNERSHIP (10YR)
$224,300
$1,029,431
MORTGAGE COST PER SQ. FT. (INTEREST ONLY)
$6.62
$6.12
EQUITY BUILT DURING LEASING (10 YR)
$0
$0
* Mortgage based on 4.5% interest rate, 25 years amortization and 25% down payment. Actual mortgage payments will be dependent on qualification of buyer OAC.
builtbased assumes annual appreciation pay down of principal. and 25% down payment. Actual mortgage payments will be dependent on qualification * MEquity ortgage on3%4.5% interest rate,and 25 years amortization ofAllbuyer OAC.provided Equity by built annualpurposes appreciation pay down ofbe principal. only calculations on average monthly interest information thisassumes table is for3% information only andand no reliance should placed onInterest this information for any possiblebased legal purpose or any circumstance where or damage could arise asby a result reliance on information this information. paid over 10 years. Allloss information provided this of table is for purposes only and no reliance should be placed on this information for any possible legal purpose or any circumstance where loss or damage could arise as a result of reliance on this information.
Competitive financing options are available through our financial partners, call us for details.
For purchase details, visit northwingpark.com
Page 6
a Winning team Hungerford carefully chooses the best teams to build, sell and manage properties, holding them up to our own exacting standards. The group assembled for NorthWing brings decades of experience to each aspect of the job, your assurance of the best quality product and the best service possible, now and in the long run. Hungerford Properties
Chandos
Hungerford Properties is an award-winning real estate investment, management and development firm in Western Canada with over 30 years of experience building and refurbishing millions of square feet of commercial space. Recent Hungerford Properties commercial developments include a state-of-the-art seafood processing facility for Gordon Food Service, construction of build-to-suit spaces for LB Foster, and refurbishment of offices and facilities for major retailers such as Best Buy and Mountain Equipment Co-op.
Chandos is a leading Canadian builder, established over thirty years ago. They treat their business as a service business, which is fueled by relationships with long-term, repeat clients. Repeat clients such as Costco, Target, Earls and University of Alberta. They focus on the customer, not the types of projects and for that reason they have a wide breadth of experience in their portfolio. Their founders wanted to be different so they named the company after their favourite vacation spot, Lake Chandos. Why? Because they wanted the organization to live-on long after they were gone. Today, they’re 100% employee owned, are on their second generation of management, and their third generation of owners.
Colliers International Colliers, the dynamic, service-oriented, awardwinning leader in real estate worldwide, has been retained to market NorthWing. Colliers is Canada’s largest commercial real estate services company and its 12,000 professionals worldwide provide a full range of services to real estate developers, investors and to those who occupy buildings. Gibbs Gage Architects Gibbs Gage is one of Western Canada’s largest and most prolific architectural firms. Gibbs Gage is the award-winning firm behind a range of commercial buildings and industrial park spaces, including the IBM Park, Canals and East Lake.
C-Era Property Management & Realty The property will be managed by C-Era, a Calgary team experienced in long-term commercial and residential management services and reputed for friendliness and fairness. C-Era of Calgary is owned by Associa of Dallas, Texas, the largest property management company in North America. For the past 13 years, C-Era has brought its professional, comprehensive and forward-thinking management style to a wide range of commercial properties in Calgary and the region.
Page 7
The opportunity is Now. The place is NorthWing. The time to make the move to ownership is now. Class A space is unbeatable. Interest rates are at historic lows. The location is central to your business. Now’s the time for NorthWing.
NorthWing Business Park 3961 52nd Avenue NE, Calgary, AB
northwingpark.com
Call today Michael Massing Direct Mobile Email
403 298 0404 403 669 6028 [email protected]
Evan truman Direct Mobile Email
403 215 7252 403 689 3826 [email protected]
Dilesh Sidhpura* Direct Mobile Email
403 265 8887 403 852 2212 [email protected]
* Co-Broker with Sather Real Estate Prices are subject to change without notice. Renderings are an artist's interpretation only. This is not an offering for sale, any such offering must be made by disclosure statement. E&OE
PRICES NDER NOW U CTION RU CONST
Class a industrial & commercial condos FOR SALE NORTHEAST CALGARY
Page 2 Page 3 Page 4 Page 6
Ideal Location Premium Quality Site Plan Own vs Lease
Ideally LOCATed. Easy access to everywhere. NorthWing Business Park is situated in Calgary’s burgeoning Northeast neighbourhood on a high-visibility site fronting both McKnight Blvd and Metis Trail. It’s close to key transportation routes, including Deerfoot Trail and the Calgary Ring Road, offers convenient access to Calgary’s International Airport, and is next door to the McKnight LRT station. Established and Accessible NorthWing Business Park has a range of major-league neighbours. Walmart, Shaw, ATB Financial and Calgary Police Services have all chosen the area around NorthWing for important new business parks and office campuses. For employees and businesses, the NorthWing location is unbeatable: •
NorthWing is at the major intersection of McKnight Blvd and Metis Trail
•
Minutes to Calgary International Airport. Easy access to future airport tunnel
•
1.2 km to McKnight/Westwinds LRT station
•
1.5 km to McKnight Village, with a range of shops, restaurants and services
•
Silverwing Golf Course and driving range nearby
Page 2
ARTISTS’ RENDERING
class a industrial & commercial space. first-rate flexibility. NorthWing buildings are Class A Commercial Space built with structural steel framing, insulated concrete walls, high-efficiency glass, sprinklers throughout, natural light and LEED-grade T5 lighting. Standard-Setting Commercial Space Thoughtfully designed for function and flexibility, the units offer oversized doors, generous loading areas and ample parking, and allow owners to combine multiple units and construct mezzanines. It’s easy to enter and leave NorthWing, easy to manoeuvre trucks in the generous loading area, and easy for your customers and employees to park their cars.
Page 3
Northwing site plan
floorplans AVAILABLE, visit northwingPark.com
Page 4
northwing FEATURES Site • District: Westwinds • Zoning: DC103Z94 flexible zoning. Zoning allows for general light industrial and commercial uses including: warehousing, distribution, manufacturing, ancillary commercial, athletic, recreational, laboratories and entertainment establishments • Landscaping with irrigation system • 2.5" - 4" asphalt paving • Fully serviced with sanitary, water, storm system, gas and electrical • Easy access to loading doors with generous marshalling area • Ample car parking • Telus ( with fibre capability) and Shaw (Coax network only) high speed internet available to the site
Building • Insulated precast concrete and structural steel construction • Concrete slab-on-grade designed for 500 psf loads • EPDM roof system • Storefront glazing on ground and second floor levels • Dock and drive-in loading • Gas fired unit heaters • Fully sprinklered • Rough-in plumbing for future washrooms at the front and rear of the building Building Specific Features Building 2000 • 100 Amp, 600 Volt, 3 Phase power (per unit) • 1 – 12’ x 14’ drive in door (per unit) • 24’ clear ceiling heights Building 3000 • 200 Amp, 600 Volt, 3 Phase power (per unit) • 2 – 8’ x 10’ dock doors with 40,000lb dock levellers (per unit) • 1 – 12’ x 14’ drive in door (per unit) • ESFR sprinklers • 28’ clear ceiling heights
Green Features • Low-E sealed unit glazing • High efficiency T5 fluorescent lighting to provide 30 foot candles • 6’ x 6’ double domed, acrylic skylights to provide additional natural light BUILDING 2000 UNIT
1
2
3
4, 8-10, 14-15
5, 7, 11, 13
6, 12
16
17
SQUARE FEET
2,372
2,119
2,151
2,220
2,223
2,244
2,222
2,227
PRICE
$521,840
$423,800
$430,200
$444,000
$444,600
$448,800
$444,400
SOLD $489,940
PRESALE PRICE
$521,840
$402,610
$408,690
$421,800
$422,370
$426,360
$422,180
SOLD $467,670
PRESALE PSF
$220
$190
$190
$190
$190
$190
$190
SOLD $210
BUILDING 3000
NOW UNDER CONSTRUCTION
UNIT
1
2
3
4
5
6
7
SQUARE FEET
13,070
12,724
11,882
11,944
11,312
10,720
11,039
PRICE
$2,574,790
$2,353,940
$2,198,170
$2,209,640
SOLD $2,092,720
SOLD $1,983,200
$2,174,683
PRESALE PRICE
$2,444,090
$2,226,700
$2,079,350
$2,090,200
SOLD $1,979,600
SOLD $1,876,000
$2,064,293
PRESALE PSF
$187
$175
$175
$175
SOLD $175
SOLD $175
$187
Page 5
own VS LEASE It’s a positive step from leasing to ownership of commercial space and there’s a strong business case to do so. Compare your options. TOPICS
OWN
LEASE
GROWING EQUITY
As you pay down your principle and your property appreciates, your equity builds.
Renting brings no economic benefit
RENTAL HIKES
Stable mortgage rates reduce uncertainty
The market and landlords decide for you
MANAGEMENT FEES
As part of a team of cost-conscious owners, you have your say on the condo board
Your lease and management company determine operating costs and will change management fees
TAX BREAKS
Depreciate your unit from its full value annually and write off operating and mortgage interest expenses
Write off your lease as a business expense
IMPROVING SPACE
Money spent and mezzanine build out increases unit value
Improvements benefit landlord and may raise renewal rate
LONG TERM BENEFIT
Unit is an investment that can be rented to a third party or sold with business
No economic benefit to you
NorthWing Business Park Own vs Lease Analysis OWNING SCENARIO
SMALL BAY
LARGE BAY
LEASING SCENARIO
SMALL BAY
LARGE BAY
TOTAL SQUARE FEET
2,217
11,000
TOTAL SQUARE FEET
2,217
11,000
PRICE PER SQ. FT.
$200
$185
LEASE TERM
10 YEAR
10 YEAR
PURCHASE PRICE
$443,400
$2,035,000
ANNUAL RATE (PER SQ. FT.)
$12.00
$9.75
DOWN PAYMENT
$110,850
$508,750
ANNUAL LEASE COST
$26,604
$107,250
MORTGAGE AMOUNT
$332,550
$1,526,250
MONTHLY MORTGAGE COST (INTEREST ONLY)
$1,080
$4,956
NET SAVINGS ON OWN VS. LEASE (10YR)
$136,440
$477,780
ANNUAL MORTGAGE COST (INTEREST ONLY)
$12,960
$59,472
EQUITY BUILT DURING OWNERSHIP (10YR)
$224,300
$1,029,431
MORTGAGE COST PER SQ. FT. (INTEREST ONLY)
$6.62
$6.12
EQUITY BUILT DURING LEASING (10 YR)
$0
$0
* Mortgage based on 4.5% interest rate, 25 years amortization and 25% down payment. Actual mortgage payments will be dependent on qualification of buyer OAC.
builtbased assumes annual appreciation pay down of principal. and 25% down payment. Actual mortgage payments will be dependent on qualification * MEquity ortgage on3%4.5% interest rate,and 25 years amortization ofAllbuyer OAC.provided Equity by built annualpurposes appreciation pay down ofbe principal. only calculations on average monthly interest information thisassumes table is for3% information only andand no reliance should placed onInterest this information for any possiblebased legal purpose or any circumstance where or damage could arise asby a result reliance on information this information. paid over 10 years. Allloss information provided this of table is for purposes only and no reliance should be placed on this information for any possible legal purpose or any circumstance where loss or damage could arise as a result of reliance on this information.
Competitive financing options are available through our financial partners, call us for details.
For purchase details, visit northwingpark.com
Page 6
a Winning team Hungerford carefully chooses the best teams to build, sell and manage properties, holding them up to our own exacting standards. The group assembled for NorthWing brings decades of experience to each aspect of the job, your assurance of the best quality product and the best service possible, now and in the long run. Hungerford Properties
Chandos
Hungerford Properties is an award-winning real estate investment, management and development firm in Western Canada with over 30 years of experience building and refurbishing millions of square feet of commercial space. Recent Hungerford Properties commercial developments include a state-of-the-art seafood processing facility for Gordon Food Service, construction of build-to-suit spaces for LB Foster, and refurbishment of offices and facilities for major retailers such as Best Buy and Mountain Equipment Co-op.
Chandos is a leading Canadian builder, established over thirty years ago. They treat their business as a service business, which is fueled by relationships with long-term, repeat clients. Repeat clients such as Costco, Target, Earls and University of Alberta. They focus on the customer, not the types of projects and for that reason they have a wide breadth of experience in their portfolio. Their founders wanted to be different so they named the company after their favourite vacation spot, Lake Chandos. Why? Because they wanted the organization to live-on long after they were gone. Today, they’re 100% employee owned, are on their second generation of management, and their third generation of owners.
Colliers International Colliers, the dynamic, service-oriented, awardwinning leader in real estate worldwide, has been retained to market NorthWing. Colliers is Canada’s largest commercial real estate services company and its 12,000 professionals worldwide provide a full range of services to real estate developers, investors and to those who occupy buildings. Gibbs Gage Architects Gibbs Gage is one of Western Canada’s largest and most prolific architectural firms. Gibbs Gage is the award-winning firm behind a range of commercial buildings and industrial park spaces, including the IBM Park, Canals and East Lake.
C-Era Property Management & Realty The property will be managed by C-Era, a Calgary team experienced in long-term commercial and residential management services and reputed for friendliness and fairness. C-Era of Calgary is owned by Associa of Dallas, Texas, the largest property management company in North America. For the past 13 years, C-Era has brought its professional, comprehensive and forward-thinking management style to a wide range of commercial properties in Calgary and the region.
Page 7
The opportunity is Now. The place is NorthWing. The time to make the move to ownership is now. Class A space is unbeatable. Interest rates are at historic lows. The location is central to your business. Now’s the time for NorthWing.
NorthWing Business Park 3961 52nd Avenue NE, Calgary, AB
northwingpark.com
Call today Michael Massing Direct Mobile Email
403 298 0404 403 669 6028 [email protected]
Evan truman Direct Mobile Email
403 215 7252 403 689 3826 [email protected]
Dilesh Sidhpura* Direct Mobile Email
403 265 8887 403 852 2212 [email protected]
* Co-Broker with Sather Real Estate Prices are subject to change without notice. Renderings are an artist's interpretation only. This is not an offering for sale, any such offering must be made by disclosure statement. E&OE
