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NEWS
| Spring 2010: Promenades St-François, Jonquière, Québec |
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Howard Wiseman of RDH Property Group is marketing for sale, a property of 98,000 square feet including an 11,000 square foot freestanding BouClair facing Les Galeries Jonquiere on chemin St-Francois in Jonquiere, Québec. This property also includes 65,000 square feet of land available for sale, lease or development. Inquiries can be directed to Natacha Menard at natacha@rdh.ca or (514) 938-2266 ext. 104.
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| Spring 2010: 524-544, boulevard St-Joseph, Drummondville, Québec |
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Howard Wiseman of RDH Property Group is pleased to announce the opening of a 4,300 square foot La Source du sport sports store and a 3,500 L’EggsOeufs Restaurant on St-Joseph Boulevard in Drummondville, facing McDonald’s and Bureau En Gros. Inquiries can be directed to Natacha Ménard at natacha@rdh.ca or (514) 938-2266 ext.104.
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| Spring 2010: Place Naviles, Ste-Foy, Québec |
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Robert Wiseman of RDH Property Group is pleased to announce the expansion and renovation of TD Canada Trust in Place Naviles, on chemin des Quatre-Bourgeois in Ste-Foy, Quebec. Other tenants at Place Naviles include Second Cup, SAQ and various neighbourhood services. A prime corner restaurant unit of 3,000 square feet is currently available. Leasing inquiries can be directed to Howard Wiseman at howard@rdh.ca or (514) 938-2266 ext. 127.
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| Spring 2010: Les Promenades Harwood, Vaudreuil-Dorion, Québec |
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Robert Wiseman of RDH Property Group is pleased to announce the relocation and expansion of the pet store, Animalerie Toutou, in Les Promenades Harwood, located on Harwood Boulevard in Vaudreuil-Dorion. The 4,000 square foot Animalerie Toutou joins a newly renovated SAQ, a new centre des services sociaux et de la santé (CSSS) centre, as well as, Yellow Shoes, La Belle Province, Subway, Lumi-Air and others in this 65,000 square foot plaza. This centre is located directly on highway 20, with over 45,000 cars daily traffic and is adjacent to Cineplex, the only French multiplex cinema in a five mile radius. A 2,300 square foot store is currently available. Leasing inquiries can be directed to Howard Wiseman at howard@rdh.ca or (514) 938-2266 ext. 127.
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| Winter 2010: New Affiliated Real Estate Agent, RDH Property Group Inc., Westmount, Québec |
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Howard Wiseman, President and Chartered Real Estate Agent of RDH Property Group Inc., Chartered Real Estate Broker, is proud to announce JOSHUA HASEN as the newest Affiliated Real Estate Agent to join the RDH team. RDH Property Group provides real estate brokerage and advisory services for developers, vendors, purchasers, landlords, tenants, lenders and borrowers for all types of properties and for all forms of real estate throughout Canada with particular expertise in asset management and disposition and shopping centre management for institutions, lenders and owners. Prior to joining RDH, Joshua was an account executive at Oberfeld Snowcap Inc., a leading retail leasing and advisory firm in Canada. Joshua has a Bachelor of Commerce degree from the John Molson School of Business with a major in Finance.
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| Winter 2010: Les Galeries Charlesbourg, Québec City, Québec |
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Howard Wiseman of RDH Property Group Inc., Chartered Real Estate Broker, is pleased to announce the recent openings of a 4,300 square foot Luigi Chaussures and Kafé Vision as newcomers in Les Galeries Charlesbourg. Les Galeries Charlesbourg is a 260,000 square foot neighbourhood mall with 50 stores including a 20,000 square foot Stitches Mega Entrepôt, one of the top performing IGA Extra supermarkets in the province of Quebec, Meubles Croteau’s flagship furniture store, Hart, Pharmacie Brunet, McDonalds, Reitmans, Ardène, and Dollarama. A few stores remain available to lease ranging from 1,000 to 2,500 square feet ideally suited for children’s wear, home décor, sporting goods, men’s and ladies fashion and restaurants. Kiosk and pad locations are also available. Leasing inquires can be directed to Howard Wiseman at howard@rdh.ca or (514) 938-2266 ext. 127.
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| Winter 2010: Les Galeries Charlesbourg, Québec City, Québec |
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Howard Wiseman of RDH Property Group Inc., Chartered Real Estate Broker, is pleased to announce a newly renovated and expanded 5,000 square foot SAQ opening in December 2009 in Les Galeries Charlesbourg in Quebec City. Les Galeries Charlesbourg is a 260,000 square foot neighbourhood mall with 50 stores including a 20,000 square foot Stitches Mega Entrepôt, one of the top performing IGA Extra supermarkets in the province of Quebec, Meubles Croteau’s flagship furniture store, Hart, Pharmacie Brunet, McDonalds, Reitmans, Ardène, and Dollarama. A few stores remain available to lease ranging from 1,000 to 2,500 square feet ideally suited for children’s wear, home décor, sporting goods, men’s and ladies fashion and restaurants. Kiosk and pad locations are also available. Leasing inquires can be directed to Howard Wiseman at howard@rdh.ca or (514) 938-2266 ext. 127.
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| Fall 2009: Complexe Cousineau, Saint-Hubert, Quebec |
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Robert Wiseman of RDH Property Group Inc., Chartered Real Estate Broker, is pleased to announce the successful disposition of the distressed asset Complexe Cousineau. The sale was brokered by Janina Francescutti and Mike Kuzmicki of Brookfield Asset Management. The shopping centre name is being renamed by the Purchaser to Centre Cousineau Point Zero. Complexe Cousineau was an extremely difficult and litigation plagued property which RDH was engaged to manage on behalf of Merrill Lynch/Computershare (Bank of America). Through RDH management, 100% of Bank of America’s debt and 100% of the other secured mortgage holders’ debts were paid in full. President Howard Wiseman and our staff of Affiliated Real Estate Agents including Natacha Ménard (Operations Manager), Gordon Johnston (Construction and Maintenance), Diane Burgess (Documentation and Leasing) and Amanda Kamel (Lease Administration) were instrumental in the successful conclusion of this management contract. In the coming weeks, RDH Property Group will be announcing the addition of several other Affiliated Real Estate Agents to its team. RDH will offer not only on the more typical real estate leasing and sale mandates but will continue to focus on its strength and experience in “fix and sell” mandates for distressed properties for third party owners and lenders. For additional information regarding RDH’s consulting and brokerage program, please contact Howard Wiseman at howard@rdh.ca or (514) 938-2266, ext. 127.
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| Fall 2009: Carrefour Dorion, Vaudreuil-Dorion, Quebec |
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Robert Wiseman of RDH Property Group Inc., Chartered Real Estate Broker, is marketing for lease a 3,100 square foot end-cap unit in Carrefour Dorion on Harwood Boulevard in Vaudreuil-Dorion, a 70,000 square foot plaza with the only French Cinema (Cineplex Odeon) in the region, a 13,000 square foot Dollarama, Herbal Magic, Farhat Lunetterie, Wells Fargo and many more retailers and services. This unit is ideally suited for a restaurant or convenience store and is located 10 feet from Highway 20 with over 45,000 cars of daily traffic. Leasing inquiries can be directed to Howard Wiseman at howard@rdh.ca or (514) 938-2266 ext.127.
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| Fall 2009: 715-755, boulevard des Laurentides, Laval, Quebec |
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Howard Wiseman of RDH Property Group Inc., Chartered Real Estate Broker, is marketing for lease a 10,000 square foot former Jean Coutu space on Boulevard Des Laurentides at the corner of Du Souvernir in the Pont Viau area of Laval. The property is located in a prime location directly across the street of Super C supermarket and Couche Tard. Leasing inquiries can be directed to Howard Wiseman at howard@rdh.ca or (514) 938-2266 ext.127.
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| Fall 2009: Richard Giguère Opticien, Les Galeries Charlesbourg, Québec City, Quebec |
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Howard Wiseman of RDH Property Group Inc. is pleased to announce that Richard Giguère Opticien recently relocated and expanded in Les Galeries Charlesbourg. Les Galeries Charlesbourg is a 260,000 square foot neighbourhood mall with 50 stores including a 20,000 square foot Stitches Mega Entrepôt, one of the top performing IGA Extra supermarkets in the province of Quebec, a Meubles Croteau’s flagship furniture store, Hart, Pharmacie Brunet, McDonalds, Reitmans, Ardène, and Dollarama. A few stores remain available to lease ranging from 1,000 to 2,500 square feet ideally suited for children’s wear, home décor, sporting goods, men’s and ladies fashion and restaurants. Kiosk and pad locations are also available. Leasing inquires can be directed to Howard Wiseman at howard@rdh.ca or (514) 938-2266 ext. 127.
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| Fall 2009: 345 Soumande Street, Vanier, Quebec |
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Howard Wiseman, Chartered Real Estate Agent, of RDH Property Group Inc., Chartered Real Estate Broker, is pleased to announce that RDH has recently sold the commercial property located at 345 Soumande Street in Vanier, Quebec. The buyer is a Québec City based pet store chain. This property is adjacent to Fabricville, Uniprix, BouClair, Au Vieux Duluth, Chaussures Pitt, Fruiterie 440, located across the street from the regional centre, Place Fleur de Lys, and serves a primary market of approximately 100,000 people. RDH specializes in the sale, leasing, and management of commercial and investment properties as small as 5,000 square feet and as large as 300,000 square feet, on behalf of private investors/owners, institutions, and real estate developers. For further information respecting excellent investment opportunities, or for advice respecting selling, leasing or managing your properties, please contact Howard Wiseman at 514-938-2266, ext. 127, or howard@rdh.ca.
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| Fall 2009: 43-45-47 King Street West, Sherbrooke Quebec |
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Howard Wiseman, Chartered Real Estate Agent, of RDH Property Group Inc., Chartered Real Estate Broker, is pleased to announce that RDH has recently sold the commercial property located at 43-45-47 King Street West, in Sherbrooke Quebec. The 25,000 sq. ft. property occupies a prime corner adjacent to “Maison du cinema” and faces a Maxi (Loblaws) supermarket, a large SAQ liquor store, as well as “Station du Dépôt (autobus Limocar) a bus service and central city bus drop-off station. RDH specializes in the sale, leasing, and management of commercial and investment properties as small as 5,000 square feet and as large as 300,000 square feet, on behalf of private investors/owners, institutions, and real estate developers. For further information respecting excellent investment opportunities, or for advice respecting selling, leasing or managing your properties, please contact Howard Wiseman at 514-938-2266, ext. 127, or howard@rdh.ca.
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| Fall 2009: Centre Cousineau Point Zero, Saint-Hubert, Québec |
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Howard Wiseman is proud to announce that RDH Property Group has concluded a leasing contract to handle the leasing of Centre Cousineau Point Zero located on Cousineau Boulevard at the corner of Montée St-Hubert in Saint-Hubert. This 350,000 square foot enclosed shopping centre is anchored by a recently expanded and renovated Metro Plus, Pharmacie Jean Coutu and Superclub Videotron. Pharmacie Jean Coutu is scheduled to relocate and expand in 2010 while Videotron will undergo a renovation. Stores ranging from 500 square feet to 20,000 square feet are available as well as kiosk locations. Office space is also available ranging from 300 to 15,000 square feet. A 55,000 square foot vacant land is also available for development, lease or sale facing Cousineau Boulevard . Suggested uses include variety/department stores, promotional fashion, sporting goods, medical services, furniture, home decor, appliances and electronics and dollar stores. Leasing is being handled by Natacha Menard at natacha@rdh.ca and Howard Wiseman at howard@rdh.ca or at (514) 938-2266.
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| Spring 2009: Les Galeries de la Canardière, Québec City, Québec |
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Robert Wiseman, President of Econo-Malls Management Corporation, is pleased to announce the acquisition of Les Galeries de la Canardière, located in the Borough of Limoilou of Québec City. The property is an enclosed shopping mall comprising approximately 200,000 square feet plus a freestanding Canadian Tire gas bar. The shopping centre currently contains approximately 65 stores plus a food court, including many other national, regional and local tenants such as Dollarama, Hart, Ardene, Uniprix, Burger King, Jardin Mobile, Yellow shoes and The Source. Excellent leasing opportunities include a freestanding building/pad on the corner (of boul. Ste-Anne and rue d’Estomanville) of the extremely well located site as well as other prime retail locations inside the mall ranging from 500 sq. ft. to 10,000 sq. ft. Men’s and ladies clothing, home furnishing and food court tenants are being sought. Leasing inquiries can be made by contacting Howard Wiseman at howard@econo-malls.com at (514) 938-2266 ext. 127.
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| Winter 2009: 345 Soumande Rue, Vanier, Québec |
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Howard Wiseman of Econo-Malls Management Corporation is marketing for lease or sale a 9,400 square foot commercial building located at 345 Soumande Street in Vanier, Quebec. This store is adjacent to a Fabricville, Uniprix, BouClair, Au Vieux Duluth, Chaussures Pitt, Fruiterie 440, located across the street from the regional centre, Place Fleur de Lys, and serves a primary market of approximately 100,000 people. Leasing inquiries can be made by contacting Robert Wiseman at robert@econo-malls.com or (877) 938-2266 ext. 128.
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| Summer 2008: 189-229 Bishop Power Boulevard, Montreal, Quebec |
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Howard Wiseman, Chartered Real Estate Agent, of RDH Property Group Inc., Chartered Real Estate Broker, is pleased to announce that RDH has just sold two apartment buildings on the north side of Bishop Power Boulevard, just west of Lasalle Boulevard, in the Borough of Lasalle, Quebec. The property is adjacent to the Lachine canal and consists of two attached three-storey apartment buildings with a total of 98 units. Purchased in the summer of 2006, the property was built in 1966 and comprises about 68,000 sq. ft. of land. RDH specializes in the sale, leasing, and management of mostly commercial properties as small as 5,000 square feet and as large as 300,000 square feet, on behalf of private investors/owners, institutions, and real estate developers. For further information respecting excellent investment opportunities, or for advise respecting selling, leasing or managing your properties, please contact Howard Wiseman at 514-938-2266, ext. 127, or howard@rdh.ca.
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| Summer 2008: Wal-Mart, Exploits Valley Mall, Grand Falls-Windsor, Newfoundland |
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Extract from the Advertiser – by David Newell – June 19, 2008 - NEWS – Retailer plans renos, but no expansion – Building supplies store still in the works.
After months of speculation and rumour, the largest retailer in Grand Falls-Windsor has told the town council about its plans for the future. Wal-Mart has advised it intends to begin a $2 million renovation to its existing location at the Exploits Valley Mall on Cromer Avenue, although it does not intend to expand its square footage. This announcement puts to rest talk that the retail giant would be constructing a stand-alone store similar to the one it recently opened in Gander. Darren Finn, chair of the economic development committee, said Wal-Mart management advised it was quite happy with the performance of the outlet where it is now. "They say they like their existing location and they like the proximity to Dominion, Sobey's and the mall," he said. "They are in the cluster they want to be in. "This store is the store that performs the best in the province for them and they want to invest in this location." Coun. Finn added that since the renovation will not include the addition of any square footage for the retailer, the store will be renovated according to a 'pantry' concept. He said this will see a larger grocery section and the company officials advised they would be expanding the electronics department while eliminating some areas that are not performing up to their expectations. Coun. Finn said the town council is not at all disappointed in the decision of the retailer, which is the world's largest public corporation by revenue and the largest employer on the planet. "They have told us this Wal-Mart here in terms of sales is their third biggest store per square foot in the province next to St. John's and Corner Brook," said Coun. Finn. "From their point of view they feel they have not lost any customers to any neighbouring communities or outlets, so they have not cannibalized any of their customers. They feel confident that investing in this location is the right thing for them to do." He expects the decision by Wal-Mart to go ahead with the renovation will bode well for the developers of the Exploits Valley Mall. In addition, Coun. Finn feels there are other retailers in the community who have been waiting for Wal-Mart's next move in order to make decisions on their own development.
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| Summer 2008: ICSC Quebec Conference, Montreal, Quebec |
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For over 30 years, the Wiseman brothers have been operating shopping centres in this particular area located in the Maritime Provinces. Their experience in those smaller markets today allows them to put this expertise to profit elsewhere in Canada. Le Pied Carré met with Howard and Robert Wiseman of RDH Property Group and Econo-Malls Management Corporation during the ICSC Conference.
Entrevue avec les frères Wiseman :
Le pied carré – Vous êtes présent dans les provinces maritimes depuis une bonne trentaine d’années?
Robert Wiseman – « Oui, nous avons commencé à construire en 1975, donc ça fait 32 ans que nous y opérons. »
Le pied carré – Quels y sont les « points chauds », les plus actifs (hot spots) ?
Robert Wiseman – « Ce que vous appelez «points chauds», là-bas, n’est pas la même chose qu’ici. Ce à quoi vous avez affaire dans ce genre de marché est un marché captif… il y a de très grandes distances à parcourir en auto entre ces marchés… en comparaison, à Toronto, où vous pouvez voir une situation où le marché commercial primaire (primary trade market) pour une propriété peut être tous les passants à l'intersection nord-ouest d’une rue… et où il pourrait littéralement y avoir un autre marché à l'intersection opposée, à savoir, d’un côté ceux qui retournent à la maison et de l’autre, ceux qui se rendent au travail. Dans ces marchés (atlantiques), 70, 80 et parfois 90% (des gens) de votre marché primaire doivent conduire 20, 30, 50, voire 100 km pour parvenir jusqu’à vous… et lorsqu’ils y sont, ils magasinent partout autour, donc vous avez une bonne saturation de marché pouvant même aller jusqu’à 100% dans certaines communautés où chaque homme, femme et enfant sont dans votre mail une fois par semaine. Donc, cela est très différent en termes de « points chauds » par rapport à l’achalandage que vous pouvez avoir au Centre Eaton à Montréal ou à Rockland ou à Fairview Pointe-Claire. »
Howard Wiseman – « Les revenus au pied carré sont moindres mais les profits, plus élevés. Ce ne sont pas les genres d’endroits assujettis aux hauts et aux bas de l’économie, ce sont des supermarchés standards, des foires, des magasins à rayons, des boutiques de jeans. Les éléments de base. »
Robert Wiseman – « Oui, aussi longtemps que les gens devront manger et habiller leur famille, nous allons faire des affaires… les marges sont mieux protégées; ce n’est pas saisonnier, ce n’est pas comme dans les hautes sphères de la mode (high fashion) des grandes villes où la mode peut devenir invendable, après quatre semaines sur les tablettes, et nécessiter un processus de vente à rabais. Ici, vous n’avez pas ce « niveau de mode » mais les marges sont protégées et les gens peuvent conserver les prix de vente originaux plus longtemps; très bonne loyauté des consommateurs qui sont très, très, très intelligents… cela dit, sans que ce soit une différenciation en terme de sophistication ou quoi que ce soit. Le gros problème avec ces marchés est de s’y rendre et de convaincre les détaillants de s’y installer. »
Howard Wiseman – « Pour qu’un détaillant s’y installe, il faudra attendre qu’il soit allé visiter les sept ou huit plus gros marchés des quatre provinces maritimes et ce, avant même qu’il considère nos gros marchés de Grand Falls-Windsor ou Gander à Terre Neuve. Ce sont de très bons marchés… mais le détaillant doit d’abord évaluer les autres. Il reviendra ensuite nous voir après avoir constaté combien nos marchés sont captifs, tout en lui permettant de bénéficier d'une non-concurrence dans son domaine, ce qui peut parfois signifier une plus grande marge de profit; ce qu’il n’aurait pu obtenir dans les sept ou huit plus grands centres qu'il avait d’abord considérés. »
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| Spring 2008: Excellent leasing opportunity in Place Naviles, Ste-Foy, Quebec |
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Howard Wiseman of RDH Property Group is pleased to announce that they have recently finalized lease term extensions with each of the TD Bank, as well as with the Second Cup and Mikes restaurants, both of whom have also agreed to undertake significant renovations as part of their extension agreements in Place Naviles. These tenants join a 7,500 square feet S.A.Q. liquor store. One unit of 1,650 square feet is available, ideal for sushi or other specialty restaurants. This strip shopping centre is located in an affluent area on chemin des Quatre Bourgeois in Ste-Foy was acquired in Summer of 2007. For leasing inquiries, please contact Robert Wiseman at (514) 938-2266 ext. 128 or robert@rdh.ca.
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| Winter 2008: Stitches Méga Entrepôt, Les Galeries Charlesbourg, Quebec City, Quebec |
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Robert Wiseman of RDH Property Group is pleased to announce the opening of Québec’s first Stitches Méga Entrepôt store in Les Galeries Charlesbourg in Charlesbourg, Quebec. This new 19,500 square foot store, the only one of its kind in the entire Quebec City region, is the first Stitches Méga Entrepôt in the Province of Quebec. Stitches Méga Entrepôt is also expected to bring a tremendous additional traffic draw into this 260,000 square foot neighbourhood mall which was bought by Econo-Malls Management Corporation in December 2004. In addition to the 50 other stores in the mall, Stitches Méga Entrepôt also joins a 12,000 sq. ft. gym, a 5,000 sq. ft. OBGYN clinic, a 25,000 sq. ft. Meubles Croteau furniture store, a recently renovated and expanded Dooly’s Billard hall and bar, a 17,000 sq. ft. Buffet de Continents, Pharmacie Brunet, SAQ, Hart department store, and one of the best performing IGA Extra supermarkets in the Province of Québec. There are a few units that remain available, which measure from 375 to 4,000 square feet ideally suited for coffee shop, restaurants, shoes, children’s wear, electronics, home décor, and sporting goods. Kiosk and pad locations are also available for lease. Please direct your leasing inquiries to Howard Wiseman at howard@rdh.ca or at (514) 938-2266, ext. 127.
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| Winter 2008: Complexe Cousineau, Saint-Hubert, Quebec |
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Robert Wiseman confirms that RDH Property Group has recently been appointed as Property Manager of Complexe Cousineau. This 350,000 square foot enclosed shopping mall and office complex is located on Cousineau Boulevard and Montée Saint-Hubert in St. Hubert, QC. It is anchored by a Métro Plus, Pharmacie Jean Coutu, S.A.Q. and Superclub Vidéotron. The mall currently has stores available from 400 to 20,000 sq. ft. Office space is also available from 300 to 15,000 sq. ft. Suggested uses include department stores, promotional fashion, sporting goods, medical services, furniture, home decor, appliances and electronics. Leasing is being handled by Howard Wiseman at howard@rdh.ca or at (514) 938-2266, ext. 127.
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| Winter 2008: The Bargain! Shop, North Sydney Mall, North Sydney, Nova Scotia |
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Howard Wiseman of RDH Property Group is pleased to announce that The Bargain! Shop will be opening a new 10,000 sq. ft. location in February 2008, in North Sydney Mall located in North Sydney, Nova Scotia. They will be joining a recent renovated Sobeys along with Zellers, Stitches, Reitmans, Dollarama, Schwartz Furniture and 20 other stores in this 180,000 sq. ft. enclosed mall. There are still a few vacant units currently available ranging from 700 sq. ft. to 5,000 sq. ft. ideal for restaurants, footwear, and other specialties. Please direct your leasing inquiries to Robert Wiseman at robert@rdh.ca or at (514) 938-2266, ext. 128.
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| Winter 2008: Easyhome, North Sydney Mall, North Sydney, Nova Scotia |
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Robert Wiseman of RDH Property Group is pleased to announce that Easyhome will be opening a new 4,000 sq. ft. location in March 2008, in North Sydney Mall located in North Sydney, Nova Scotia. They will be joining a recently renovated Sobeys along with Zellers, Stitches, Reitmans, Dollarama, Schwartz Furniture, a new The Bargain! Shop, and 20 other stores in this 180,000 sq. ft. enclosed mall. There are still a few vacant units currently available ranging from 700 sq. ft. to 5,000 sq. ft. ideal for restaurants, footwear, and other specialties. Please direct your leasing inquiries to Howard Wiseman at howard@rdh.ca or at (514) 938-2266, ext. 127.
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| Fall 2007: 4655-4665 Bourret Avenue, Montreal, Québec |
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Howard Wiseman of RDH Property Group is pleased to announce the recent sale on behalf of its client of a 3-storey apartment building on Bourret Avenue in the west end of Montreal, Quebec. This property was built in 1961 and comprises 34 apartments and approximately 11,469 square feet of land. The property was first listed for sale by RDH in February of 2007 and the closing took place in October 2007. Both the Vendor and Purchaser are based out of Montreal and are each owners of similar walk-up residential apartment complexes in Montreal. The Purchaser of the property has secured a new CMHC insured mortgage with a 35-year amortisation and is considering reselling the property and has chosen RDH to be the real estate advisor on this possible resale. RDH specializes in the sale, leasing, and management of commercial and investment properties as small as 5,000 square feet and as large as 300,000 square feet on behalf of private investors/owners, institutions, and real estate developers. For further information, or for advice respecting selling, leasing or managing your properties, please contact Howard Wiseman at howard@rdh.ca or (514) 938-2266, ext. 127.
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| Summer 2007: Stitches Mega Superstore, Les Galeries Charlesbourg, Québec City, Québec |
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Robert Wiseman of RDH Property Group Inc. is pleased to announce that Stitches will be opening a Stitches Mega Superstore in February 2008 in Les Galeries Charlesbourg mall in Charlesbourg, Quebec. This new 20,000 square foot store will be the first Stitches Mega Superstore in the Province of Quebec and is expected to be the only Stitches Mega Superstore in the entire Quebec City region. Stitches is joining IGA Extra, Brunet Pharmacy, Hart, Meubles Croteau, and 45 other stores in this 260,000 square foot neighbourhood mall. There are a few units that remain available, which measure from 375 to 4,000 square feet ideally suited for coffee shop, restaurants, shoes, children’s wear, electronics, home décor, and sporting goods. Kiosk and pad locations are also available for lease. Please direct your leasing inquires to Howard Wiseman at howard@rdh.ca or at (514) 938-2266 ext. 127.
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| Summer 2007: 189-229 Bishop Power Boulevard, Montreal, Québec |
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Howard Wiseman of RDH Property Group Inc., Chartered Real Estate Broker, is pleased to announce that RDH has been awarded the exclusive contract to sell two apartment buildings on the north side of Bishop Power Boulevard, just west of Lasalle Boulevard, in the Borough of Lasalle, Quebec. The property is adjacent to the Lachine canal and consists of two attached three-storey apartment buildings with a total of 98 units. The property was built in 1966 and comprises about 68,000 sq. ft. of land. There is both indoor and outdoor parking and an outdoor swimming pool. The property is priced to provide for an above-average rate of return as compared to similar residential investment properties, and there is a mortgage already in place at extremely favourable terms. Recent property condition assessment and environmental reports are available and all known required capital expenditures have already been completed. RDH specializes in the sale, leasing, and management of commercial properties as small as 5,000 square feet and as large as 300,000 square feet, on behalf of private investors/owners, institutions, and real estate developers. For further information respecting this excellent investment opportunity, or for advise respecting selling, leasing or managing your properties, please contact Howard Wiseman at (514) 938-2266, ext. 127, or howard@rdh.ca.
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| Summer 2007: Econo-Malls #6 Corporation, Province of Québec |
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Robert Wiseman, President of Econo-Malls Management Corporation, is pleased to announce the acquisition of eight commercial properties in Drummondville, Laval, Montréal, Jonquière, Ste-Foy, Ste-Hyacinthe, St-Jean-sur-Richelieu, and Vanier, Province of Québec. The properties total approximately 180,000 sq. ft. and include national and regional tenants such as Dollarama, Bouclair, Mikes, S.A.Q., Pharmacie Jean-Coutu, The Toronto-Dominion Bank and Banque National. Financing was provided by Merrill Lynch. The portfolio is completely leased except for two locations: a 3,500 sq. ft. location on Boulevard Des Laurentides and Des Souvenirs in Laval adjacent to Jean Coutu and facing the Super C supermarket; and a 4,200 sq. ft. location on St Joseph Boulevard in Drummondville adjacent to Pizza Delight. Leasing inquiries can be directed to Howard Wiseman at (514) 938-2266, ext. 127, or howard@econo-malls.com.
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| Summer 2007: Ardène, Gander Mall, Gander, Newfoundland and Labrador |
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Robert Wiseman of Econo-Malls Management Corporation is pleased to announce that Ardène will be opening a new location, in Gander Mall located in Gander, Newfoundland. Ardène is scheduled to open their new 3,661 sq. ft. store in Fall 2007. In this 132,000 sq. ft. enclosed mall, they will be joining other fine retailers such as: Canadian Tire, Dollarama, Suzy Shier, Shoppers Drug Mart, Reitmans, Athletes World, Bentley, Northern Reflections and other fine regional and local retailers. There a still a few vacant units currently available ranging from 770 sq. ft. to 4,000 sq. ft. approximately for pet stores, restaurants, kitchen & bath accessories and men’s fashion. Please direct your leasing inquiries to Howard Wiseman at (514) 938-2266, ext. 127, or howard@econo-malls.com.
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| Summer 2007: Ardène, North Sydney Mall, North Sydney, Nova Scotia |
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Robert Wiseman of RDH Property Group is pleased to announce that Ardène will be opening a new location, in North Sydney Mall located in North Sydney, Nova Scotia. Ardène is scheduled to open their new 2,000 sq. ft. store in Fall 2007. In this 180,000 sq. ft. enclosed mall, they will be joining other fine retailers such as: Sobeys, Zellers, Stitches, Shoppers Drug Mart, Reitmans, Dollarama, and other fine regional and local retailers. There a still a few vacant units currently available ranging from 692 sq. ft. to 4,758 sq. ft. approximately for pet stores, restaurants, kitchen & bath accessories and men’s fashion. Please direct your leasing inquiries to Howard Wiseman at (514) 938-2266, ext. 127, or howard@rdh.ca.
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| Summer 2007: Ardène, Les Galeries Charlesbourg, Québec City, Québec |
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Robert Wiseman of RDH Property Group is pleased to announce that Ardène will be opening a new location, in Les Galeries Charlesbourg in Québec City, Quebec. Ardène is scheduled to open their 2,000 sq. ft. store in Fall 2007. They will be joining other excellent retailers such as IGA Extra, Meubles Croteau, Reitmans, The Source By Circuit City, Dollarama, Bentley, Brunet Pharmacy, S.A.Q., Hart, Dooly’s and many other local and regional retailers. This 260,000 sq. ft. enclosed mall still has a few vacant units available in the range of 375 sq. ft. to 4,200 sq. ft., as well as a freestanding location of approximately 5,000 sq. ft., for pet stores, kitchen & bath accessories, shoe stores and men’s fashion. A leasing opportunity up to a maximum of approximately 18,000 sq. ft. for a restaurant may also become available in the mall. Please direct your leasing inquiries to Howard Wiseman at (514) 938-2266, ext. 127, or howard@rdh.ca.
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| Summer 2007: The Cash Store, Peninsula Mall, Marystown, Newfoundland and Labrador |
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Robert Wiseman of Econo-Malls Management Corporation is pleased to announce that The Cash Store will be opening its new 1,045 sq. ft. store in Peninsula Mall in Marystown, Newfoundland in Fall 2007. In this 119,000 sq. ft. enclosed shopping centre, they are joining other retailers such as Loblaws, Canadian Tire, EasyHome, The Liquor Store, Bentley, Stitches, Eclipse as well as other regional and local retailers. There a still a few units available, ranging between 700 sq. ft. and 3,500 sq. ft., and we are seeking pet stores, restaurants, kitchen & bath accessories and men’s fashion. Please direct your leasing inquiries to Howard Wiseman at (514) 938-2266, ext. 127, or howard@econo-malls.com.
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| Summer 2007: Food Land, Grand Bay Mall, Port-aux-Basques, Newfoundland and Labrador |
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Robert Wiseman of Econo-Malls Management Corporation is pleased to announce that Sobeys will be opening a new Food Land store in the Grand Bay Mall in Port-aux-Basques, Newfoundland. The new store will measure approximately 16,000 sq. ft. and is expected to open in the Fall 2007. Grand Bay Mall is an 80,000 square foot enclosed mall with tenants such as Bargain Giant, Eclipse, Buck or Two and The Liquor Store. There are a few units that remain available, which measure from approximately 500 sq. ft. to 2,500 sq. ft. preferably for shoe stores, men’s fashion, electronics, kitchenware and giftware. Leasing inquiries should be directed to Howard Wiseman at (514) 938-2266, ext. 127, or howard@econo-malls.com.
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| Winter 2007: Dollarama, Carrefour Dorion, Vaudreuil-Dorion, Quebec |
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Howard Wiseman of RDH Property Group Inc. is pleased to announce that a new Dollarama store will soon be located in Carrefour Dorion in Vaudreuil-Dorion. This anchor store will comprise 13,000 sq. ft. and is expected to open in Spring 2007. This 66,000 sq. ft. neighborhood shopping centre is situated directly on Highway 20 where there are traffic counts of about 45,000 cars per day. Dollarama will be joining Mikes, Harvey’s, Wells Fargo, Farhat, SAQ, Subway, Yellow and many other local retailers as well as Cineplex Odeon who has a modern 8-plex and is the sole “french-only” movie theatre available in more than an eight kilometer radius. A few retail locations remain available, which measure from approximately 800 sq. ft. to 6,000 sq. ft., preferably for sporting goods, café/restaurants, home décor, convenience stores and pharmacy. Additional land is also available for development. Leasing inquiries should be directed to Howard Wiseman at (514) 938-2266, ext. 127, or howard@rdh.ca.
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| Fall 2006: 2369 Madison Avenue, Montreal, Quebec |
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Howard Wiseman of RDH Property Group is pleased to announce the recent sale on behalf of its client of a 3-storey building including 20 apartments on Madison Avenue in the west end of Montreal, Quebec. This property was built in 1957 and comprises approximately 8,400 square feet of land. The property was first listed for sale by RDH in April of 2006 and the closing took place in November 2006. Both the Vendor and Purchaser are based out of Montreal and are each owners of similar walk-up residential apartment complexes in Montreal. RDH specializes in the sale, leasing, and management of commercial properties as small as 5,000 square feet and as large as 300,000 square feet on behalf of private investors/owners, institutions, and real estate developers. For further information, or for advice respecting selling, leasing or managing your properties, please contact Howard Wiseman at howard@rdh.ca or (514) 938-2266, ext.127.
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| Fall 2006: 4 Notre Dame East & 475-477 Saint-Laurent, Montreal, Quebec |
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Howard Wiseman of RDH Property Group is pleased to announce the recent sale on behalf of its client of a 10-storey landmark office building in Montreal, Quebec. This property comprises a gross building area of approximately 40,000 square feet including numerous professional offices, commercial retail on the ground floor and a basement restaurant. It is extremely well located in the heart of Old Montreal at the corner of Notre Dame East and Saint-Laurent facing the City of Montreal Courthouse and adjacent to the Barreau du Québec. The sale price was approximately $3 million. RDH specializes in the sale, leasing, and management of commercial properties as small as 5,000 square feet and as large as 300,000 square feet on behalf of private investors/owners, institutions, and real estate developers. For further information, or for advice respecting selling, leasing or managing your properties, please contact Howard Wiseman at howard@rdh.ca or (514) 938-2266, ext.127.
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| Fall 2006: 1190-92 Saint-Catherine Street West, Montreal, Quebec |
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Howard Wiseman and Patrick Abezis of RDH Property Group and Tony Flanz of Think Retail are proud to jointly announce that they have collaborated in the successful conclusion of a lease for the first Quiksilver store in the province of Quebec. This exciting fast-growing retail concept will be located on St-Catherine Street West in downtown Montreal and is expected to open in spring 2007. Quiksilver designs, produces and distributes clothing, accessories and related products for young-minded people and develops brands that represent a casual lifestyle-driven from a boardriding heritage. Quiksilver's authenticity is evident in its innovative products, events and retail environments across the globe. This store is expected to be one of a number of units that will open in Canada over the next few years. There are approximately 80 full priced and outlet stores in North America and another 300+ open around the world. Quiksilver is represented throughout North America by Michael Hirschfeld, Managing Partner, of the Urban Retail Real Estate Group. He can be reached at mhirschfeld@tenantrepgroup.com. For further information or real estate advice for your retail operation, please contact Howard Wiseman, howard@rdh.ca, or Patrick Abezis, pna26@rdh.ca, at RDH at 514-938-2266, or Tony Flanz, tflanz@thinkretail.ca, at Think Retail (514) 731-7936.
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| Summer 2006: 189-229 Bishop Power Street, Montreal, Quebec |
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Howard Wiseman is pleased to announce that RDH Property Group has been awarded the management contract for an apartment building located on Bishop Power Street in a quiet residential area of Montreal, in the borough of Lasalle, Quebec. The property is adjacent to the Lachine canal and consists of 2 apartment buildings with 50 units each. There is both indoor and outdoor parking and an exterior pool. For information or leasing enquiries, please contact Natacha Menard at 514-938-2266, ext. 104, or natacha@rdh.ca.
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| Summer 2006: Highway 15 / Highway 117, Sainte-Agathe-North, Quebec |
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RDH Property Group Inc. has been awarded the exclusive brokerage contract to lease and/or sell all or portions of a property located at the junction of Highway 15 and Highway 117 in Ste-Agathe North, Quebec. This property is being developed by Construx Building Corporation and comprises various vacant lots totalling 240,000 square feet. It is adjacent to an extremely busy Ultramar gas station and convenience store on Rue Valiquette, as well as a nine-hole golf course, driving range, and cross country, biking, and snowmobile trails with tremendous visibility on Highway 117. Easy access is available directly from the highway in both directions heading North and South. This property is ideally suited for highway commercial uses including restaurants, services, and specialty stores such as sporting goods and equipment, watercraft and other recreational vehicles, and outdoor "plein air" activities. Preliminary plans call for approximately 25,000 square feet of gross leasable comprising 3 to 4 separate buildings each of approximately 10,000 square feet. Negotiations are currently advanced with some national restaurant chains. Construction is targeted to commence in Spring 2007 for opening in Summer/Fall 2007. For further information, please contact Howard Wiseman at (514) 938-2266, ext. 127, howard@rdh.ca, or Diane Burgess, ext. 105, dianeb@rdh.ca.
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| Spring 2006: 8929 Henri-Bourassa Boulevard & 8870-72, 1ère Avenue, Québec City, QC |
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RDH Property Group Inc. has been awarded the contract to sell and/or lease a free-standing commercial property located at 8929 boulevard Henri-Bourassa and 8870-72 1ère Avenue, in the borough of Charlesbourg, Québec City, Québec. This property was completely renovated in 2000 and comprises approximately 13,000 square feet. Meubles Croteau moved to this location in 1972 and is now moving to even larger new premises in Les Galeries Charlesbourg in lower Charlesbourg. This property is ideally suited for retail, health and beauty salon, medical/dental clinic, professional offices, real estate, travel agency, and home décor. This is an excellent opportunity for investors or owner/occupants. For further information, please contact Howard Wiseman at (514) 938-2266, ext. 127 or at howard@rdh.ca.
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| Winter 2006: 404-410 Saint Jacques & 409-417 Notre Dame West, Montreal, Quebec |
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RDH Property Group Inc. has been awarded the exclusive contract to sell and lease (in whole or in part) the property located at 404 -410 Saint Jacques and 409-417 Notre Dame West in Montreal, Quebec. This property, located within one block of the Montreal Stock Exchange, comprises approximately 43,800 square feet of building area and offers diverse zoning possibilities which include commercial, residential, office, restaurant/bar and hotel. This property represents an excellent investment and redevelopment opportunity. For further information, please contact Howard Wiseman at (514) 938-2266 ext. 127 (howard@rdh.ca ) or Diane Burgess at ext. 105 (dianeb@rdh.ca).
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| Winter 2006: 500 Saint-Jean-Baptiste, Pointe-aux-Trembles, Quebec |
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RDH Property Group Inc. has been awarded the exclusive contract to sell the property located at 500 Saint-Jean-Baptiste, Pointe-aux-Trembles, Quebec. This 2-storey property comprises approximately 13,600 square feet (including basement) and is fully leased. Current tenants include a City of Montreal courthouse as well as a notary’s office. It includes an elevator, central air conditioning, and free parking in a city-owned parking lot at the rear of the property. This is an excellent investment opportunity. For further information, please contact Howard Wiseman at (514) 938-2266 ext. 127 (howard@rdh.ca).
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| Fall 2005: Promenades Ste-Anne, Ste-Anne-de-Beaupré, Quebec |
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RDH Property Group has been awarded the exclusive contract to lease Promenades Ste-Anne in Ste-Anne-de-Beaupré, Quebec. Promenades Ste-Anne, built in 1991, is a single storey 52,000 sq. ft. shopping centre, located on Ste-Anne Boulevard (route #138) (20 minutes from Québec City and 2 kilometers from Mont Ste-Anne ski resort) comprising 16 stores. Current tenants include Levi’s, Fila, Dockers, and Pantorama. Locations available range from 1,400 to 22,000 sq. ft. There is also 350,000 sq. ft. of adjacent excess land available for lease, development or sale. To date, the centre has been marketed principally as an outlet centre. However, interested tenants that are not factory outlet operators will be considered. For leasing inquiries, please contact Howard Wiseman at (514) 938-2266, ext. 127.
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| Fall 2005: Promenades Hudson, Vaudreuil-Dorion, Quebec |
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RDH Property Group has been awarded the exclusive contract to lease Promenades Hudson in Vaudreuil-Dorion, Quebec. Promenades Hudson, built in 1989, is a single storey 21,500 sq. ft. outlet shopping centre, located on Harwood Boulevard West (route #342), about 100 yards from exit 26 off Highway 40, comprising 12 stores. Current tenants include Escada, Nygard, Anne Klein, and Fila. Locations available range from 1,400 to 4,000 sq. ft. There is also more than 300,000 sq. ft. of adjacent excess land available for lease, development or sale. To date, the centre has been marketed principally as an outlet centre. However, interested tenants that are not factory outlet operators will be considered. For leasing inquiries, please contact Howard Wiseman at (514) 938-2266, ext. 127.
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| Summer 2005: Segafredo Zanetti Espresso |
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RDH Property Group Inc. has been retained by the area franchisee for Segafredo Zanetti Espresso to be the exclusive leasing representative throughout the Greater Montreal area. RDH has brokered Segafredo’s flagship and first Canadian location which opened on Sept 2, 2005 on Ste Catherine street west, between Metcalf and Mansfield facing Simons and the Paramount theatre, in the heart of downtown Montreal. Segafredo offers a complete variety of coffees, espressos, panini and other European delicacies, as well as a fully licensed bar. Currently, more than 500 stores are operating throughout Europe. The chain has a target to open 3 to 5 units in the Greater Montreal area within the next 12 to 24 months. Howard Wiseman and Justin Uditsky of RDH are handling the site selection and lease negotiations for the chain. The company is seeking units of 800 to 2,500 sq. ft. in major malls, high traffic areas and street front locations with a preference for locations with at last 20 feet of frontage and areas with high family income demographics.
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| Summer 2005: Motophoto, Complexe Pointe-Claire, Quebec |
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Howard Wiseman of RDH Property Group is pleased to announce that it has secured a lease agreement on behalf of MAC Photo Franchises Inc. for Motophoto’s first store in Quebec located in Complexe Pointe-Claire. Complexe Pointe-Claire is a large neighborhood exterior plaza comprising Maxi (Loblaws), Toys R Us, Future Shop, CIBC, Chapters, etc. The Motophoto chain offers a complete variety of photographic and imagery products and services including a state of the art digital portrait studio. The chain targets to open 15 new stores in the Greater Montreal area within the next 5 years. Landlords and property managers having 800 to 1,300 sq. ft. of available retail space in major malls, high traffic plazas, and street front locations should contact Howard Wiseman at RDH Property Group at (514) 938-2266, ext. 127 or by e-mail at howard@rdh.ca.
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| Winter 2005: Motophoto |
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RDH Property Group Inc. has been retained by the area franchisee, MAC Photo Franchises Inc., to be the exclusive leasing representative throughout the Greater Montreal area for Richmond Hill based Motophoto. The chain offers a complete variety of photographic and imagery products and services including a state of the art digital portrait studio. Currently, more than 30 stores are operating in Ontario, with another 200 in the northeastern United States. The chain has a target to open 3 to 5 units in the Greater Montreal area within the next 12 to 24 months. Howard Wiseman of RDH Property Group is handling the site selection and lease negotiations for the chain. The company is seeking units of 800 to 1,300 sq. ft. in major malls, high traffic neighbourhood plazas and street front locations with a preference for locations with at last 20 feet of frontage and areas with high family income demographics.
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| Fall 2004: Place Monchamp, St-Constant, Quebec |
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Howard Wiseman of RDH Property Group Inc. is pleased to announce the completion of the sale of Place Monchamp, a 13,000 sq. ft. neighbourhood strip shopping centre in St-Constant, Quebec. This property comprises six tenants including a National Bank premises comprising more than 3,600 sq. ft. The sale was concluded in December 2004 and is expected to yield a year one return investment in excess of 11% based on proforma net operating income in 2005.
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| Fall 2004: King Street, Sherbrooke, Quebec |
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Howard Wiseman of RDH Property Group Inc. is pleased to announce that RDH has been awarded the exclusive contract to lease in whole or in part and/or sell a commercial property at 43-45-47 King Street West, occupying a prime corner facing new retail development comprising a new Maxi (Loblaws) supermarket and a large SAQ liquor store as well as a limo car bus service and a central city bus drop-off station. This property comprises approximately 25,000 sq. ft. of building area and has a diverse zoning operating various opportunities for residential, commercial, and industrial. The property is currently operated as a retail and showroom operation and a portion of the property is still operated by the original owner occupant “Au Bon Marché” who would consider staying in a portion of the property as a tenant if that was of interest to the prospective purchaser. This property represents an excellent investment opportunity for any owner occupant or as a redevelopment opportunity.
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