skyway
S K Y W A Y Multiple Connections. Unparalleled Experience. Space Reimagined.
PREMIER OFFICE LOCATION FIRST-CLASS, BUSINESS CORPORATE AREA.
2
87-89-91-93 SKYWAY AVENUE
BUILDING OVERVIEW >S kyway Centre offers flexible model suite sizes move-in ready. Property upgrades underway (Signage, wayfinding, landscaping, model suites). Located in firstclass business corporate area. >O ffice space with tremendous amount of natural light and exposure to natural settings with private courtyard.
>P rivate courtyard improvements underway providing tenants with the best possible experience, a healthier, more productive workplace.
>P ublic transit stop located directly in front of the complex with access to Kipling GO Station and TTC. Premier office location with strategic Highway (27/427/409 and 401) and Airport access. >T rendy amenities within a short walk or drive (Chop, Milestones, Jack Astor’s, Montana’s, The Keg, Tim Hortons, Residence Inn by Marriott, Home Depot, Premier Fitness).
87-89-91-93 SKYWAY AVENUE
3
SKYWAY CENTRE INTERIOR SPACE MODEL SUITES MOVE-IN READY FLEXIBLE SIZES
Skyway Centre offers flexible model suite sizes move-in ready. Office space with tremendous amount of natural light and exposure to natural settings. Newly built common area washrooms and hallways. Property upgrades underway (Signage, wayfinding, landscaping and model suites).
BUILT-OUT SUITE
Private courtyard to be improved with pathways, landscaping and seating area for tenants to enjoy lunch, outdoor meetins or a place to unwind creating a healthier, more productive workplace.
NEWLY BUILT HALLWAYS 4
87-89-91-93 SKYWAY AVENUE
NEWLY BUILT COMMON WASHROOMS
MODEL SUITE
BUILT-OUT SUITE
FLEXIBLE SIZES
BUILTOUT SUITE
BUILT-OUT SUITE
PLENTY OF NATURAL LIGHT 87-89-91-93 SKYWAY AVENUE
5
SKYWAY CENTRE EXTERIOR SPACE PROPERTY IMPROVEMENTS UNDERWAY PRIVATE COURTYARD WITH SEATING, LANDSCAPING, WAYFINDING, SIGNAGE AND MODEL SUITE PROGRAM - MOVE-IN READY. Skyway Centre offers a
tremendous amount of natural light and exposure to natural settings with private courtyard and walkways. Private courtyard to be improved with pathways, landscaping and seating area for tenants to enjoy lunch, outdoor meetings or a place to unwind creating a healthier, more productive workplace. Walk to nearby trendy amenities such as (Chop, Milestones, Jack Astor’s, Montana’s, The Keg, Tim Hortons, Residence Inn by Marriott, Home Depot, Premier Fitness to name a few). Public transit stop located directly in front of Skyway Centre offering access to Kipling GO Station and TTC with expectations of becoming enhanced with the proposed Smart Track, Eglinton Crosstown (under construction) and BRT (under construction) and LRT systems (construction commencing 2018). Skyway Centre offers strategic Highway (27/427/409 and 401) and Airport access. Approximately 5 minute drive to Toronto Pearson International Airport. Ease of access to Downtown Toronto. Density can be accommodated due to the proximity to transit and connectivity with the TTC, MiWay and Brampton transit. All team up to provide access to a wide and diverse labour pool.
*All renderings and photographs are artist’s concept and subject to change without notice e. & O.E
COURTYARD SEATING 6
87-89-91-93 SKYWAY AVENUE
SKYWAY CENTRE TRENDS LOCATION, LOCATION,
TRANSIT
WHICH FACTORS MATTER MOST?
LOCATION, LOCATION, TRANSIT The 10-minute barrier The accessibility to public transportation is overwhelmingly a
critical factor for many office tenants today since a whopping The 10-minute barrier: accessibility 71% of The survey respondents said they wouldn’t consider options more than a 10-minute walk from transit. With the harsh to public transportation overwhelmingly Canadianis winters, who can blame them? This trend is office not new – in the tenants Colliers 2007 Tenant Survey, a critical factor for many respondents rated “Location Close to Public Transport” at 8.7/10 importance when stop attracting and/or retaining staff. Wein expect today. Skyway has a inthistransit directly to become even more critical as the battle for talent ramps up again in this business cycle. to Kipling front of the building with access GO station and TTC. Tenant Also, trendy amenities action item: If you are concerned with talent attraction and retention, consider that your employees appreciate direct, are within walking distance. efficient and cost-effective accessibility to their office. Landlord action item: Audit your current office portfolio against walk times to major transit hubs. Think long and hard about those buildings that don’t fall within the 10-minute mark as 71% of tenants won’t even consider them. Think creatively: a shuttle bus service to your building or business park can help mitigate any transportation issues and is considered a workable, practical solution.
Q. How far away are you willing to be from the following?
771%
Walking distance from local public transit: Within 10 min.
4444% %
Walking distance from undercover access to local or regional public transit: Within 15 min.
AY SUBWAY SUBW SUBW AY SUBWAY
5533%
Clusters
With growing reducing the n of tenants sur
Driving distance from home that employees commute by public transit: 20 min. to 1 hr.
54%
Being in the “ interconnecte these attribut Furthermore, that clusters r through suppo
Walking distance from regional public transit: Within 15 min.
5
CLUSTERING
ATION, LOCATION, Organizations are shifting from vertical integration to clustering due to the low NSIT costPROPERTY and accessibility of benefits such as
Q. How important is it to be close to the following?
Critical
Colliers 2007 Tenant Survey, Close to Public Transport” at 8.7/10 g and/or retaining staff. We expect tical as the battle for talent ramps e.
e concerned with talent attraction our employees appreciate direct, cessibility to their office.
71%
44%
AY SUBWAY SUBW SUBW AY SUBWAY
% 53 53%
our current office portfolio against bs. Think long and hard about within the 10-minute mark as nsider them. Think creatively: building or business park can on issues and is considered a
Walking distance from local public transit: Within 10 min.
Driving distance from home that employees commute by public transit: 20 min. to 1 hr.
OPEN WORKPLACES / FLOOR Walking distance from regional 54% public transit: DENSITY Within 15 min.
31%
18%
Critical
Nice
Free parking
Clients, vendors, partners
22%
41%
Important
Nice
Easy auto access
31% Critical
37%
Important
18%
Walking distance from undercover access to local or regional public transit: Within 15 min.
Being in the “right” area for business
45%
Important
IMPROVEMENTS knowledge sharing, sharing and Q. How far away are youlogistical willing to be from the following? even a common employee catchment area.
nsportation is overwhelmingly a tenants today since a whopping aid they wouldn’t consider options rom transit. With the harsh ame them?
Access to public transportation
31%
S MATTER MOST?
rier
Q. How im be clos
Nice
27% Critical
39%
Important
22% Nice
29% Critical
53%
Clusters are key With growing advancements in technology and increasing global competition reducing the need for offices to be located in the central business district, 72% of tenants surveyed emphasized the importance of being in the “right place.” Being in the “right” area means business proximity to vendors, competitors, interconnected companies and employees. Developing office space that fosters these attributes will undoubtedly attract and support long-term tenants. Furthermore, for office buildings struggling with vacancy, repositioning a building that clusters related and competitive tenants will create a competitive advantage through support, knowledge sharing, operating costs and logistical requirements.
10% Nice
Important
Tenant action item: When considering your location options, take careful n neighbours and strategic positioning of the asset. You may be able to enjoy s efficiencies if companies within your sector are close by. You will also have time luring top talent to your business if they don’t have far to move.
Landlord action item: Organizations are shifting from vertical integration to clustering due to the low cost and accessibility of benefits such as knowled sharing, logistical sharing and even a common employee catchment area. L and developers should consider positioning assets to attract like-minded ten similar industries.
Our data shows that tenants are moving toward more open workplaces and denser workspace ratios. In Canada, the average square feet per employee could fall as low as 145 square feet by 2018. Current and future transit will assist higher density workplace at Skyway Centre.
PROPERTY IMPROVEMENTS 87-89-91-93 SKYWAY AVENUE
7
SKYWAY CENTRE LOCATION
Amenities TRENDY AMENITIES
within walking distance from Skyway
HOT 1
7
nities
N
9
427
2
BELF
IELD
11
HWY 27
SKYWAY CENTRE
24 17
11
5
7 HWY
4
409
HWY 27
5
1
International Plaza Hotel
4
Residence Inn by Marriott
5
Sheraton Toronto Airport Hotel
D
Days Hotel and Conference Centre 401
3
6
ING
KIPL
AVE
G TIN MAR D
ER ROV
8
10 8 14
International Plaza Hotel
8
LCBO
4
Residence Inn by Marriott
9
5
Sheraton Toronto Airport Hotel
6
STORES 6
11 12 13 14 15
RES 16
FITNESS / GAS / BANKS17
TORONTO Fitness 365
18
HSBC Bank
20
10 8 14 8 Residence Inn by Marriott 9
LCBO
13
Premier Fitness
21
RONA Home & Garden
14
RBC Royal Bank
22
Shoppers Drug Mart
15
Shell Gas Station
23
6International Plaza Hotel
Sheraton Toronto Airport Hotel
10
600 METERS
FITNESS / GASW / BANKS E
8
LCBO
9 10
RESTAURANTS 16
Boston Pizza
HSBC Bank
17
Casey’s Bar & Grill
13
Premier Fitness
18
Chop Steakhouse & Bar
RONA Home & Garden
14
RBC Royal Bank
19
Jack Astor’s Bar & Grill
Shoppers Drug Mart
15
Shell Gas Station
20
Milestones
21
Montana’s Cookhouse
22
St. Louis Bar & Grill
23
Swiss Chalet
24
The Keg Steakhouse
25
Tim Hortons
TORONTO 600 METERS
FITNESS W/ GAS / BANKSRESTAURANTS
VE ON A INGT EGL11 Fitness 365
16
Boston Pizza
HSBC Bank
17
Casey’s Bar & Grill
13
Premier Fitness
18
Chop Steakhouse & Bar
14
RBC Royal Bank
19
Jack Astor’s Bar & Grill
15
Shell Gas Station
20
Milestones
TORONTO
19
24
12
RONA Home & Garden
FITN
12
Home Depot
LCBO
RONA Home & Garden EW 10 TShoppers Drug Mart N AV G O GLIN
E
7
12
87-89-91-93 SKYWAY AVENUE Shoppers Drug Mart
3
11
Home Depot
10
Home Depot
Beer Store
7
10 8 8 14 9
7
6
Beer Store
10 8 14
Days Hotel and Conference Centre
2
V ON A NGT EGLI 365 Fitness
6
Sheraton Toronto Airport Hotel
Home Depot
AVE
ER ROV
2
5
401and Conference Centre7 Days Hotel
STORES
WAY CENTRE 1 BWP Toronto Airport Hotel
STORES
4
Residence Inn by Marriott
11
ING
15 22
3
4
Beer Store
KIPL
N G TIN MAR
son19 11 16 HOTELS irport 21
2
D VE R GRO
5
23 25 20 RD N DIXO
HOTELS
SKYWAY CENTRE 1 BWP Toronto Airport Hotel
24 17 7
13
21
15 22
3
Days Hotel and Conference Centre9 10 International Plaza Hotel
Beer Store
BWP Toronto Airport Hotel
AVE
12 18
19
16 11
TIN MAR
BELF
N
2
6
1
ING
2
RD IELD
N DIXO
BWP Toronto Airport Hotel 6
STORES
KIPL
23 25 1 20 RD
27
Toronto Pearson 3 International Airport 13 9
401
D
409
HOTELS
VE R GRO
BEL
21
N
8
1
AVE
D
DR FIEL
2
15 22
19
7
ING
12 18
9
RD
16
N DIXO
6
KIPL
4
23 25 20 RD
TIN MAR
POR T
13
4
STO
HOTELS 7
3 5
RD
409
3 AIR
2
25
Corporate Neighbours CORPORATE NEIGHBOURS 1 9
4
12
7
17
427
14
ELD ELFI
RD
B
COR
N
1 2 3
10
4
409
5 6
te Neighbours HWY
7 8
27
1
14
3
N
3
Camino Modular Systems Incorporated W
5
LifeLabs Medical Laboratory Services
6
Molson Coors Brewing Co.
TORONTO
Pro Pak Packaging
9
4
Kodak Canada
10
Purolator Courier Ltd. 600 METERS Rona Lansing Inc.
5
LifeLabs Medical Laboratory Services
11
Royal Selangor Inc.
6
Molson Coors Brewing Co.
12
S & C Electric Canada
7
MSB Plastics Manufacturing Ltd.
13
Sanjay Enterprises Incorporated
8
Pro Pak Packaging
14
ShawCor Ltd.
9
Purolator Courier Ltd.
15
Sweda Canada Inc.
10
Rona Lansing Inc.
16
Toronto Congress Centre
11
Royal Selangor Inc.
17
Venture Steel Inc
Molson Coors Brewing Co.
12
S & C Electric Canada
MSB Plastics Manufacturing Ltd.
13
Sanjay Enterprises Incorporated
14
ShawCor Ltd.
27
11
D
3Purolator Courier Ltd.
10
Rona 6 Lansing Inc.
11
Royal Selangor Inc.
12
S & C Electric Canada
13
Sanjay Enterprises Incorporated
AVE
Pro Pak Packaging
D
AVE
ER ROV
2
VE R GRO
ING KIPL
13 Laboratory Services LifeLabs Medical 15
TIN MAR
SKYWAY CENTRE BSM Wireless Inc.
ING KIPL
8
8
16
W AVE Sweda CanadaOInc. T N G N I L EGCongress Toronto Centre
17
Venture Steel Inc
15
TORONTO
17
E
TO KodakEG Canada LING
Camino Modular Systems Incorporated
N RD DIXO
16
N AV
4
BSM Wireless Inc.
Kodak Canada
9
BSM Wireless Inc.
3
4
8
2
2
Camino Modular Systems Incorporated 401
7
ABC Climate Control Systems
MSB Plastics Manufacturing Ltd.
3
6
2
1
7
ABC Climate Control Systems
5
15
ABC Climate Control Systems
CORPORATE NEIGHBOURS 2
14
1
16
1
N
CORPORATE NEIGHBOURS
4
12
11
4
13
CORPORATE NEIGHBOURS
6
409
G TIN MAR
401
Toronto Pearson RD IELD International 10 BELF Airport
HWY
N RD
15
12
13
AVE
7
14
ING
9
401
12
D
1
8
11
VE R GRO
SKYWAY CENTRE
hbours 17
DIXO
RD
10
KIPL
POR T
16
TIN MAR
AIR
9 N RD
87-89-91-93 SKYWAY AVENUE
9
SKYWAY CENTRE LOCATION
Transit TRANSIT
ETOBICOKE 427
BELF
IELD
N
RD
409
HWY 27 D
ING
RD
VE R GRO
SKYWAY CENTRE
AVE
POR T
TIN MAR
AIR
KIPL
NR DIXO
D
401
Transit
Toronto Pearson International Airport
VE W ON A NGT
EGLI
TORONTO EXPRESS BUS ROUTE (MI-WAY TRANSIT)
ETOBICOKE 427
BELF
IELD
RD
N
HWY
RD
D
EXPRESS BUS ROUTE (RUSH HOUR SERVICE)
SMART TRACK (PROPOSED)
LOCAL BUS ROUTE (TTC)
BRT CORRIDOR (UNDER CONSTRUCTION)
GO TRAIN ROUTE AVE
VE R GRO
SKYWAY CENTRE
GO TRAIN ROUTE
ING
409 RD
EXPRESS BUS ROUTE (MI-WAY TRANSIT)
KIPL
NR DIXO
TIN MAR
POR T
IELD
27
BELF
EXPRESS BUS ROUTE (RUSH HOUR SERVICE) 600 METERS LOCAL BUS ROUTE (TTC)
409
ETOBICOKE
N
SMART TRACK
HWY
Transit stop located directly in front of Skyway(PROPOSED) Centre offering convenient access to Kipling GO 401 27
D
CORRIDOR Station and TTC Dwith expectations of becoming enhanced with the BRT proposed Smart Track, Eglinton Crosstown (under (UNDER CONSTRUCTION) NR DIXOand BRT (under construction) and LRT systems (construction commencing 2018). Improved transit construction) creating a greater access to larger educated employee pool. ING
KIPL
AVE
87-89-91-93 SKYWAY AVENUE
D
401
VE R GRO
10
TIN MAR
Toronto Pearson SKYWAY CENTRE International Airport
EW N AV GTO
EGLIN
Drivetime Analysis DRIVE-TIME ANALYSIS
UR
23 min. 37 min.
407
9 min. 12 min.
e Analysis
5
23 min. 37 min.
403
4 min. 427 URBAN NODES 46 min. 9
6 min. 1 SKYWAY CENTRE Toronto Pearson International Airport 6 min.4012 1 Downtown Toronto - Union Station 4 min. 4 4 min. 5
3
Highway 427
6
4
Highway 403
4min. 4min.
7
4 min. 4 min.
8 9
9
SKYWAY CENTRE 1
4 min. 4 min.
16 min. 19407 min.
Highway 401
4
401
6 min. 6 min.
3
3
8
427
8
2
6
410
9 min. 2 min.
1
3
4min. 4min.
4
5
2
29 min. 52min. URBAN NODES
7
min. 2315min. min. 3716min. URBAN NODES QEW 6
1
Toronto Pearson International Airport
2 3
Downtown Toronto - Union Station 401 Highway 401
4
Highway 427
5
Highway 403
6
Highway 404
7
Queen Elizabeth Way (QEW)
8
Highway 407
9
Highway 409
1
Toronto Pearson International Airport
2
Downtown Toronto - Union Station
3
Highway 401
4
Highway 427
Highway 403 Lake5 Ontario 6
Highway 404
7
Queen Elizabeth Way (QEW)
8
Highway 407
9
Highway 409 Normal Traffic Rush-hour Traffic
2
Normal29 Traffic 6 Highway 404 min. Skyway Centre located in the centre of it all. Skyway Centre offers strategic Highway (27/427/409 7 Queen Elizabeth Way (QEW) 52min. 5 Rush-hour and 401) and Airport access. Approximately 5 minute drive toTraffic Toronto Pearson International Airport. Ease of access to 6 min. 8 Highway 407 7 Downtown Toronto. 15 min. 9 min. 9 Highway 409 16 min. 2
403
Normal Traffic
29QEW min.
Rush-hour Traffic
87-89-91-93 SKYWAY AVENUE
11
IMPROVED TRANSIT The BRT (Bus Rapid Transit) will be completed in 2017. The BRT will provide more efficient and reliable service on a dedicated bus corridor running eastwest connecting multiple communities. The 18-kilometre Transitway is to be completed in 2017. There will be 12 stations, including renovations to the existing hub in the city core with new bus shelters at MiWay’s City Centre Transit Terminal completed, and a new station building at GO Transit’s Square One Bus Terminal by the end of 2015. MiWay and GO Transit will operate along the Transitway, which will connect to the TTC at Renforth Station and Kipling Subway Terminal and GO Train.
12
87-89-91-93 SKYWAY AVENUE
PROPOSED TRANSIT Smart Track (Proposed) With the SmartTrack line, Toronto will join world-leading cities like London and Paris by building a Regional Express Rail (RER) surface subway. The SmartTrack line will provide service from the Airport Corporate Centre in the west, southeast to Union Station and northeast to Markham in the east. It will have 22 new station stops and five interchanges with the TTC rapid transit network. The Line will be built in seven years, starting service in 2021.
e. For this distance as 400 meters n (see wing shift ships within al estate and
GTA East
GTA North
n increased premium stance of rapid public truction TA’s sing hange es an overlying l’s extensive nsportation
Central North
Central East Midtown
GTA West
ublic
Pearson International Airport
is in Class
of their e markets f the GTA.
Downtown Union Station Hub
e-leasing blic
Billy Bishop Airport
on that’s
GTA Major Highways Current TTC Subway Current GO Rail Transit Smart Track (Proposed) Eglinton Crosstown (Under Construction)
ce to e, Q2, ce space
Sheppard East LRT (Proposed) Finch West LRT (Proposed) Hurontario - Main LRT (Proposed)
0 Kilometers
10
Toronto-York Spadina Subway Extension (Under Construction) Scarborough Subway Extension (Proposed)
collierscanada.com/research
87-89-91-93 SKYWAY AVENUE
13
AVAILABILITY
AVAILABILITY
14
AREA 87 Skyway, Suite 100 87 Skyway, Suite 200
SIZE 8,963 SF 3,730 SF
89 Skyway, Suite 101
3,101 SF
89 Skyway, 2nd floor
18,508 SF
91 Skyway, Suite 100 91 Skyway, Suite 106 91 Skyway, Suite 205
3,131 SF 3,300 SF 1,243 SF
93 Skyway, Suite 107 93 Skyway, Suite 207
3,379 SF 5,214 SF
87-89-91-93 SKYWAY AVENUE
RENT $14.00 NET PSF/ANNUM GROUND FLOOR $12.50 NET PSF/ANNUM SECOND FLOOR ADDITIONAL RENT $10.29 PSF 2016 TENANT INDUCEMENTS $25.00 PSF Tenant Improvement Allowance
OWNERSHIP DESJARDINS FINANCIAL SECURITY LIFE ASSURANCE COMPANY
OWNERSHIP DESJARDINS FINANCIAL SECURITY LIFE ASSURANCE COMPANY Desjardins Group is the leading cooperative financial group in Canada and the sixth largest cooperative financial group in the world, with assets of $248.1 billion. It has been rated one of the Best Employers in Canada by Aon Hewitt. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Considered North America’s strongest bank according to Bloomberg News, Desjardins has one of the highest capital ratios and credit ratings in the industry.
https://www.desjardins.com/ca/
87-89-91-93 SKYWAY AVENUE
15
FOR MORE INFORMATION, PLEASE CONTACT
REMI NICKEL* Vice President +1 416 620 2807 [email protected] MYLES KENNY* Sales Representative +1 416 620 2882 [email protected]
COLLIERS INTERNATIONAL 401 The West Mall Suite 800 Toronto, ON M9C 5J5
DOMENIC GALATI* Senior Vice President +1 416 620 2834 [email protected] RON JASINSKI* Senior Vice President +1 416 620 2801 [email protected]
*Sales Representative This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. Colliers Macaulay Nicolls Inc., Brokerage.
PREMIER OFFICE LOCATION FIRST-CLASS, BUSINESS CORPORATE AREA.
2
87-89-91-93 SKYWAY AVENUE
BUILDING OVERVIEW >S kyway Centre offers flexible model suite sizes move-in ready. Property upgrades underway (Signage, wayfinding, landscaping, model suites). Located in firstclass business corporate area. >O ffice space with tremendous amount of natural light and exposure to natural settings with private courtyard.
>P rivate courtyard improvements underway providing tenants with the best possible experience, a healthier, more productive workplace.
>P ublic transit stop located directly in front of the complex with access to Kipling GO Station and TTC. Premier office location with strategic Highway (27/427/409 and 401) and Airport access. >T rendy amenities within a short walk or drive (Chop, Milestones, Jack Astor’s, Montana’s, The Keg, Tim Hortons, Residence Inn by Marriott, Home Depot, Premier Fitness).
87-89-91-93 SKYWAY AVENUE
3
SKYWAY CENTRE INTERIOR SPACE MODEL SUITES MOVE-IN READY FLEXIBLE SIZES
Skyway Centre offers flexible model suite sizes move-in ready. Office space with tremendous amount of natural light and exposure to natural settings. Newly built common area washrooms and hallways. Property upgrades underway (Signage, wayfinding, landscaping and model suites).
BUILT-OUT SUITE
Private courtyard to be improved with pathways, landscaping and seating area for tenants to enjoy lunch, outdoor meetins or a place to unwind creating a healthier, more productive workplace.
NEWLY BUILT HALLWAYS 4
87-89-91-93 SKYWAY AVENUE
NEWLY BUILT COMMON WASHROOMS
MODEL SUITE
BUILT-OUT SUITE
FLEXIBLE SIZES
BUILTOUT SUITE
BUILT-OUT SUITE
PLENTY OF NATURAL LIGHT 87-89-91-93 SKYWAY AVENUE
5
SKYWAY CENTRE EXTERIOR SPACE PROPERTY IMPROVEMENTS UNDERWAY PRIVATE COURTYARD WITH SEATING, LANDSCAPING, WAYFINDING, SIGNAGE AND MODEL SUITE PROGRAM - MOVE-IN READY. Skyway Centre offers a
tremendous amount of natural light and exposure to natural settings with private courtyard and walkways. Private courtyard to be improved with pathways, landscaping and seating area for tenants to enjoy lunch, outdoor meetings or a place to unwind creating a healthier, more productive workplace. Walk to nearby trendy amenities such as (Chop, Milestones, Jack Astor’s, Montana’s, The Keg, Tim Hortons, Residence Inn by Marriott, Home Depot, Premier Fitness to name a few). Public transit stop located directly in front of Skyway Centre offering access to Kipling GO Station and TTC with expectations of becoming enhanced with the proposed Smart Track, Eglinton Crosstown (under construction) and BRT (under construction) and LRT systems (construction commencing 2018). Skyway Centre offers strategic Highway (27/427/409 and 401) and Airport access. Approximately 5 minute drive to Toronto Pearson International Airport. Ease of access to Downtown Toronto. Density can be accommodated due to the proximity to transit and connectivity with the TTC, MiWay and Brampton transit. All team up to provide access to a wide and diverse labour pool.
*All renderings and photographs are artist’s concept and subject to change without notice e. & O.E
COURTYARD SEATING 6
87-89-91-93 SKYWAY AVENUE
SKYWAY CENTRE TRENDS LOCATION, LOCATION,
TRANSIT
WHICH FACTORS MATTER MOST?
LOCATION, LOCATION, TRANSIT The 10-minute barrier The accessibility to public transportation is overwhelmingly a
critical factor for many office tenants today since a whopping The 10-minute barrier: accessibility 71% of The survey respondents said they wouldn’t consider options more than a 10-minute walk from transit. With the harsh to public transportation overwhelmingly Canadianis winters, who can blame them? This trend is office not new – in the tenants Colliers 2007 Tenant Survey, a critical factor for many respondents rated “Location Close to Public Transport” at 8.7/10 importance when stop attracting and/or retaining staff. Wein expect today. Skyway has a inthistransit directly to become even more critical as the battle for talent ramps up again in this business cycle. to Kipling front of the building with access GO station and TTC. Tenant Also, trendy amenities action item: If you are concerned with talent attraction and retention, consider that your employees appreciate direct, are within walking distance. efficient and cost-effective accessibility to their office. Landlord action item: Audit your current office portfolio against walk times to major transit hubs. Think long and hard about those buildings that don’t fall within the 10-minute mark as 71% of tenants won’t even consider them. Think creatively: a shuttle bus service to your building or business park can help mitigate any transportation issues and is considered a workable, practical solution.
Q. How far away are you willing to be from the following?
771%
Walking distance from local public transit: Within 10 min.
4444% %
Walking distance from undercover access to local or regional public transit: Within 15 min.
AY SUBWAY SUBW SUBW AY SUBWAY
5533%
Clusters
With growing reducing the n of tenants sur
Driving distance from home that employees commute by public transit: 20 min. to 1 hr.
54%
Being in the “ interconnecte these attribut Furthermore, that clusters r through suppo
Walking distance from regional public transit: Within 15 min.
5
CLUSTERING
ATION, LOCATION, Organizations are shifting from vertical integration to clustering due to the low NSIT costPROPERTY and accessibility of benefits such as
Q. How important is it to be close to the following?
Critical
Colliers 2007 Tenant Survey, Close to Public Transport” at 8.7/10 g and/or retaining staff. We expect tical as the battle for talent ramps e.
e concerned with talent attraction our employees appreciate direct, cessibility to their office.
71%
44%
AY SUBWAY SUBW SUBW AY SUBWAY
% 53 53%
our current office portfolio against bs. Think long and hard about within the 10-minute mark as nsider them. Think creatively: building or business park can on issues and is considered a
Walking distance from local public transit: Within 10 min.
Driving distance from home that employees commute by public transit: 20 min. to 1 hr.
OPEN WORKPLACES / FLOOR Walking distance from regional 54% public transit: DENSITY Within 15 min.
31%
18%
Critical
Nice
Free parking
Clients, vendors, partners
22%
41%
Important
Nice
Easy auto access
31% Critical
37%
Important
18%
Walking distance from undercover access to local or regional public transit: Within 15 min.
Being in the “right” area for business
45%
Important
IMPROVEMENTS knowledge sharing, sharing and Q. How far away are youlogistical willing to be from the following? even a common employee catchment area.
nsportation is overwhelmingly a tenants today since a whopping aid they wouldn’t consider options rom transit. With the harsh ame them?
Access to public transportation
31%
S MATTER MOST?
rier
Q. How im be clos
Nice
27% Critical
39%
Important
22% Nice
29% Critical
53%
Clusters are key With growing advancements in technology and increasing global competition reducing the need for offices to be located in the central business district, 72% of tenants surveyed emphasized the importance of being in the “right place.” Being in the “right” area means business proximity to vendors, competitors, interconnected companies and employees. Developing office space that fosters these attributes will undoubtedly attract and support long-term tenants. Furthermore, for office buildings struggling with vacancy, repositioning a building that clusters related and competitive tenants will create a competitive advantage through support, knowledge sharing, operating costs and logistical requirements.
10% Nice
Important
Tenant action item: When considering your location options, take careful n neighbours and strategic positioning of the asset. You may be able to enjoy s efficiencies if companies within your sector are close by. You will also have time luring top talent to your business if they don’t have far to move.
Landlord action item: Organizations are shifting from vertical integration to clustering due to the low cost and accessibility of benefits such as knowled sharing, logistical sharing and even a common employee catchment area. L and developers should consider positioning assets to attract like-minded ten similar industries.
Our data shows that tenants are moving toward more open workplaces and denser workspace ratios. In Canada, the average square feet per employee could fall as low as 145 square feet by 2018. Current and future transit will assist higher density workplace at Skyway Centre.
PROPERTY IMPROVEMENTS 87-89-91-93 SKYWAY AVENUE
7
SKYWAY CENTRE LOCATION
Amenities TRENDY AMENITIES
within walking distance from Skyway
HOT 1
7
nities
N
9
427
2
BELF
IELD
11
HWY 27
SKYWAY CENTRE
24 17
11
5
7 HWY
4
409
HWY 27
5
1
International Plaza Hotel
4
Residence Inn by Marriott
5
Sheraton Toronto Airport Hotel
D
Days Hotel and Conference Centre 401
3
6
ING
KIPL
AVE
G TIN MAR D
ER ROV
8
10 8 14
International Plaza Hotel
8
LCBO
4
Residence Inn by Marriott
9
5
Sheraton Toronto Airport Hotel
6
STORES 6
11 12 13 14 15
RES 16
FITNESS / GAS / BANKS17
TORONTO Fitness 365
18
HSBC Bank
20
10 8 14 8 Residence Inn by Marriott 9
LCBO
13
Premier Fitness
21
RONA Home & Garden
14
RBC Royal Bank
22
Shoppers Drug Mart
15
Shell Gas Station
23
6International Plaza Hotel
Sheraton Toronto Airport Hotel
10
600 METERS
FITNESS / GASW / BANKS E
8
LCBO
9 10
RESTAURANTS 16
Boston Pizza
HSBC Bank
17
Casey’s Bar & Grill
13
Premier Fitness
18
Chop Steakhouse & Bar
RONA Home & Garden
14
RBC Royal Bank
19
Jack Astor’s Bar & Grill
Shoppers Drug Mart
15
Shell Gas Station
20
Milestones
21
Montana’s Cookhouse
22
St. Louis Bar & Grill
23
Swiss Chalet
24
The Keg Steakhouse
25
Tim Hortons
TORONTO 600 METERS
FITNESS W/ GAS / BANKSRESTAURANTS
VE ON A INGT EGL11 Fitness 365
16
Boston Pizza
HSBC Bank
17
Casey’s Bar & Grill
13
Premier Fitness
18
Chop Steakhouse & Bar
14
RBC Royal Bank
19
Jack Astor’s Bar & Grill
15
Shell Gas Station
20
Milestones
TORONTO
19
24
12
RONA Home & Garden
FITN
12
Home Depot
LCBO
RONA Home & Garden EW 10 TShoppers Drug Mart N AV G O GLIN
E
7
12
87-89-91-93 SKYWAY AVENUE Shoppers Drug Mart
3
11
Home Depot
10
Home Depot
Beer Store
7
10 8 8 14 9
7
6
Beer Store
10 8 14
Days Hotel and Conference Centre
2
V ON A NGT EGLI 365 Fitness
6
Sheraton Toronto Airport Hotel
Home Depot
AVE
ER ROV
2
5
401and Conference Centre7 Days Hotel
STORES
WAY CENTRE 1 BWP Toronto Airport Hotel
STORES
4
Residence Inn by Marriott
11
ING
15 22
3
4
Beer Store
KIPL
N G TIN MAR
son19 11 16 HOTELS irport 21
2
D VE R GRO
5
23 25 20 RD N DIXO
HOTELS
SKYWAY CENTRE 1 BWP Toronto Airport Hotel
24 17 7
13
21
15 22
3
Days Hotel and Conference Centre9 10 International Plaza Hotel
Beer Store
BWP Toronto Airport Hotel
AVE
12 18
19
16 11
TIN MAR
BELF
N
2
6
1
ING
2
RD IELD
N DIXO
BWP Toronto Airport Hotel 6
STORES
KIPL
23 25 1 20 RD
27
Toronto Pearson 3 International Airport 13 9
401
D
409
HOTELS
VE R GRO
BEL
21
N
8
1
AVE
D
DR FIEL
2
15 22
19
7
ING
12 18
9
RD
16
N DIXO
6
KIPL
4
23 25 20 RD
TIN MAR
POR T
13
4
STO
HOTELS 7
3 5
RD
409
3 AIR
2
25
Corporate Neighbours CORPORATE NEIGHBOURS 1 9
4
12
7
17
427
14
ELD ELFI
RD
B
COR
N
1 2 3
10
4
409
5 6
te Neighbours HWY
7 8
27
1
14
3
N
3
Camino Modular Systems Incorporated W
5
LifeLabs Medical Laboratory Services
6
Molson Coors Brewing Co.
TORONTO
Pro Pak Packaging
9
4
Kodak Canada
10
Purolator Courier Ltd. 600 METERS Rona Lansing Inc.
5
LifeLabs Medical Laboratory Services
11
Royal Selangor Inc.
6
Molson Coors Brewing Co.
12
S & C Electric Canada
7
MSB Plastics Manufacturing Ltd.
13
Sanjay Enterprises Incorporated
8
Pro Pak Packaging
14
ShawCor Ltd.
9
Purolator Courier Ltd.
15
Sweda Canada Inc.
10
Rona Lansing Inc.
16
Toronto Congress Centre
11
Royal Selangor Inc.
17
Venture Steel Inc
Molson Coors Brewing Co.
12
S & C Electric Canada
MSB Plastics Manufacturing Ltd.
13
Sanjay Enterprises Incorporated
14
ShawCor Ltd.
27
11
D
3Purolator Courier Ltd.
10
Rona 6 Lansing Inc.
11
Royal Selangor Inc.
12
S & C Electric Canada
13
Sanjay Enterprises Incorporated
AVE
Pro Pak Packaging
D
AVE
ER ROV
2
VE R GRO
ING KIPL
13 Laboratory Services LifeLabs Medical 15
TIN MAR
SKYWAY CENTRE BSM Wireless Inc.
ING KIPL
8
8
16
W AVE Sweda CanadaOInc. T N G N I L EGCongress Toronto Centre
17
Venture Steel Inc
15
TORONTO
17
E
TO KodakEG Canada LING
Camino Modular Systems Incorporated
N RD DIXO
16
N AV
4
BSM Wireless Inc.
Kodak Canada
9
BSM Wireless Inc.
3
4
8
2
2
Camino Modular Systems Incorporated 401
7
ABC Climate Control Systems
MSB Plastics Manufacturing Ltd.
3
6
2
1
7
ABC Climate Control Systems
5
15
ABC Climate Control Systems
CORPORATE NEIGHBOURS 2
14
1
16
1
N
CORPORATE NEIGHBOURS
4
12
11
4
13
CORPORATE NEIGHBOURS
6
409
G TIN MAR
401
Toronto Pearson RD IELD International 10 BELF Airport
HWY
N RD
15
12
13
AVE
7
14
ING
9
401
12
D
1
8
11
VE R GRO
SKYWAY CENTRE
hbours 17
DIXO
RD
10
KIPL
POR T
16
TIN MAR
AIR
9 N RD
87-89-91-93 SKYWAY AVENUE
9
SKYWAY CENTRE LOCATION
Transit TRANSIT
ETOBICOKE 427
BELF
IELD
N
RD
409
HWY 27 D
ING
RD
VE R GRO
SKYWAY CENTRE
AVE
POR T
TIN MAR
AIR
KIPL
NR DIXO
D
401
Transit
Toronto Pearson International Airport
VE W ON A NGT
EGLI
TORONTO EXPRESS BUS ROUTE (MI-WAY TRANSIT)
ETOBICOKE 427
BELF
IELD
RD
N
HWY
RD
D
EXPRESS BUS ROUTE (RUSH HOUR SERVICE)
SMART TRACK (PROPOSED)
LOCAL BUS ROUTE (TTC)
BRT CORRIDOR (UNDER CONSTRUCTION)
GO TRAIN ROUTE AVE
VE R GRO
SKYWAY CENTRE
GO TRAIN ROUTE
ING
409 RD
EXPRESS BUS ROUTE (MI-WAY TRANSIT)
KIPL
NR DIXO
TIN MAR
POR T
IELD
27
BELF
EXPRESS BUS ROUTE (RUSH HOUR SERVICE) 600 METERS LOCAL BUS ROUTE (TTC)
409
ETOBICOKE
N
SMART TRACK
HWY
Transit stop located directly in front of Skyway(PROPOSED) Centre offering convenient access to Kipling GO 401 27
D
CORRIDOR Station and TTC Dwith expectations of becoming enhanced with the BRT proposed Smart Track, Eglinton Crosstown (under (UNDER CONSTRUCTION) NR DIXOand BRT (under construction) and LRT systems (construction commencing 2018). Improved transit construction) creating a greater access to larger educated employee pool. ING
KIPL
AVE
87-89-91-93 SKYWAY AVENUE
D
401
VE R GRO
10
TIN MAR
Toronto Pearson SKYWAY CENTRE International Airport
EW N AV GTO
EGLIN
Drivetime Analysis DRIVE-TIME ANALYSIS
UR
23 min. 37 min.
407
9 min. 12 min.
e Analysis
5
23 min. 37 min.
403
4 min. 427 URBAN NODES 46 min. 9
6 min. 1 SKYWAY CENTRE Toronto Pearson International Airport 6 min.4012 1 Downtown Toronto - Union Station 4 min. 4 4 min. 5
3
Highway 427
6
4
Highway 403
4min. 4min.
7
4 min. 4 min.
8 9
9
SKYWAY CENTRE 1
4 min. 4 min.
16 min. 19407 min.
Highway 401
4
401
6 min. 6 min.
3
3
8
427
8
2
6
410
9 min. 2 min.
1
3
4min. 4min.
4
5
2
29 min. 52min. URBAN NODES
7
min. 2315min. min. 3716min. URBAN NODES QEW 6
1
Toronto Pearson International Airport
2 3
Downtown Toronto - Union Station 401 Highway 401
4
Highway 427
5
Highway 403
6
Highway 404
7
Queen Elizabeth Way (QEW)
8
Highway 407
9
Highway 409
1
Toronto Pearson International Airport
2
Downtown Toronto - Union Station
3
Highway 401
4
Highway 427
Highway 403 Lake5 Ontario 6
Highway 404
7
Queen Elizabeth Way (QEW)
8
Highway 407
9
Highway 409 Normal Traffic Rush-hour Traffic
2
Normal29 Traffic 6 Highway 404 min. Skyway Centre located in the centre of it all. Skyway Centre offers strategic Highway (27/427/409 7 Queen Elizabeth Way (QEW) 52min. 5 Rush-hour and 401) and Airport access. Approximately 5 minute drive toTraffic Toronto Pearson International Airport. Ease of access to 6 min. 8 Highway 407 7 Downtown Toronto. 15 min. 9 min. 9 Highway 409 16 min. 2
403
Normal Traffic
29QEW min.
Rush-hour Traffic
87-89-91-93 SKYWAY AVENUE
11
IMPROVED TRANSIT The BRT (Bus Rapid Transit) will be completed in 2017. The BRT will provide more efficient and reliable service on a dedicated bus corridor running eastwest connecting multiple communities. The 18-kilometre Transitway is to be completed in 2017. There will be 12 stations, including renovations to the existing hub in the city core with new bus shelters at MiWay’s City Centre Transit Terminal completed, and a new station building at GO Transit’s Square One Bus Terminal by the end of 2015. MiWay and GO Transit will operate along the Transitway, which will connect to the TTC at Renforth Station and Kipling Subway Terminal and GO Train.
12
87-89-91-93 SKYWAY AVENUE
PROPOSED TRANSIT Smart Track (Proposed) With the SmartTrack line, Toronto will join world-leading cities like London and Paris by building a Regional Express Rail (RER) surface subway. The SmartTrack line will provide service from the Airport Corporate Centre in the west, southeast to Union Station and northeast to Markham in the east. It will have 22 new station stops and five interchanges with the TTC rapid transit network. The Line will be built in seven years, starting service in 2021.
e. For this distance as 400 meters n (see wing shift ships within al estate and
GTA East
GTA North
n increased premium stance of rapid public truction TA’s sing hange es an overlying l’s extensive nsportation
Central North
Central East Midtown
GTA West
ublic
Pearson International Airport
is in Class
of their e markets f the GTA.
Downtown Union Station Hub
e-leasing blic
Billy Bishop Airport
on that’s
GTA Major Highways Current TTC Subway Current GO Rail Transit Smart Track (Proposed) Eglinton Crosstown (Under Construction)
ce to e, Q2, ce space
Sheppard East LRT (Proposed) Finch West LRT (Proposed) Hurontario - Main LRT (Proposed)
0 Kilometers
10
Toronto-York Spadina Subway Extension (Under Construction) Scarborough Subway Extension (Proposed)
collierscanada.com/research
87-89-91-93 SKYWAY AVENUE
13
AVAILABILITY
AVAILABILITY
14
AREA 87 Skyway, Suite 100 87 Skyway, Suite 200
SIZE 8,963 SF 3,730 SF
89 Skyway, Suite 101
3,101 SF
89 Skyway, 2nd floor
18,508 SF
91 Skyway, Suite 100 91 Skyway, Suite 106 91 Skyway, Suite 205
3,131 SF 3,300 SF 1,243 SF
93 Skyway, Suite 107 93 Skyway, Suite 207
3,379 SF 5,214 SF
87-89-91-93 SKYWAY AVENUE
RENT $14.00 NET PSF/ANNUM GROUND FLOOR $12.50 NET PSF/ANNUM SECOND FLOOR ADDITIONAL RENT $10.29 PSF 2016 TENANT INDUCEMENTS $25.00 PSF Tenant Improvement Allowance
OWNERSHIP DESJARDINS FINANCIAL SECURITY LIFE ASSURANCE COMPANY
OWNERSHIP DESJARDINS FINANCIAL SECURITY LIFE ASSURANCE COMPANY Desjardins Group is the leading cooperative financial group in Canada and the sixth largest cooperative financial group in the world, with assets of $248.1 billion. It has been rated one of the Best Employers in Canada by Aon Hewitt. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Considered North America’s strongest bank according to Bloomberg News, Desjardins has one of the highest capital ratios and credit ratings in the industry.
https://www.desjardins.com/ca/
87-89-91-93 SKYWAY AVENUE
15
FOR MORE INFORMATION, PLEASE CONTACT
REMI NICKEL* Vice President +1 416 620 2807 [email protected] MYLES KENNY* Sales Representative +1 416 620 2882 [email protected]
COLLIERS INTERNATIONAL 401 The West Mall Suite 800 Toronto, ON M9C 5J5
DOMENIC GALATI* Senior Vice President +1 416 620 2834 [email protected] RON JASINSKI* Senior Vice President +1 416 620 2801 [email protected]
*Sales Representative This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. Colliers Macaulay Nicolls Inc., Brokerage.
