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Calgary office building sold Stampede Station Phase I

Edmonton Journal names Avison Young as broker dealing with

Montreal Gazette runs column by Avison Young's Stephen Leop

Montreal Gazette runs column by Avison Young's Stephen Leop

Limited options for large tenants in downtown Montreal

Corey Gay

...sp; Investment Office:  Edmonton Addr... ...ncipalworkfaxcellwork Professional Profile Credentials Listings Professional Profile Corey is an Edmonton based Principal of Avison Young Canada. He focuses on the sale of Industrial, Retail and Office properties in Edmonton and Northern Alberta. With 16 years experience, all with Avison Young, Corey has earned the respect of his clients and colleagues.Corey has successfully completed Investment Sales with Pension Funds, Pension Fund Advisors, REIT’s, Private Investors and Limited Partnerships. Some of Corey’s recent  clients include: Canadian Urban Equities, Morguard Investments Limited, GWL Realty Advisors, Artis REIT, Sun Life, TD Canada Trust, Manulife, Realex Properties Corporation,  Standard Life, Healthcare of Ontario Pension Plan, Royop Properties, Dundee REIT, Allied Properties REIT, Crombie REIT, and The Insurance Corporation of B.C.Through 16 years of experience, and a focus of putting the client’s needs first, Corey has become a trusted advisor; assisting clients with disposition services, acquisition advice, asset management decisions, such as: , hold vs. sell decisions and redevelopment/remerchandising decisions. In this era of economic uncertainty, both real estate owners, and mortgage lenders have sought Corey’s advice on both property and mortgage decisions.Corey is a frequent traveler meeting with clients in all major Canadian centres with a particular emphasis of meeting with clients in person not only in Edmonton, but also in Toronto, Montreal, Vancouver and CalgaryLevel of Knowledge:Corey earned a  B. Comm from the University of Alberta, a CCIM Designation from the National Association of Realtors in Chicago, Illinois and is a member of the International Council of Shopping Centres. Recent Transactions: Northrail Building (252,000 sf) Dresser Rand Building (38,000 sf) Sabo Portfolio (620,000 sf) Robbins & Meyer Energy Building (39,000 sf) Ponoka Shopping Centre (20,000 sf) Imperial Square II (71,000 sf) Imperial Square III (97,000 sf) 156th Street Industrial Park (285,000 sf) Ikon Office Building (48,000 sf) Metals Building (35,000 sf) Parks West Office Building (100,000 sf) Park Centre Office Building (25,000 sf)     ...

Stephen Leopold

...l Estate Broker OfficeMontreal Address Do not override ... ...Quebecworkfaxcellwork Professional Profile Credentials Professional Profile Stephen joined the Avison Young team in March 2010 as Chair of Avison Young’s Quebec operations. He brings with him nearly $10 billion worth of direct transactional commercial real estate experience in North America over the past four decades. Upon becoming chairman of Avison Young Quebec, the Globe and Mail featured Mr. Leopold in a full page article in its Report on Business and stated: "he's as close as it comes to real estate royalty in the city". Stephen entered the commercial real estate industry in 1974. By 1977 he had become the youngest Vice-President of Eastern Canada's largest mortgage banker (now RBC) to found Leopold Property Consultants in Montreal, his home town. The company grew to become North America’s largest real estate brokerage and consultancy dedicated entirely to serving the interests of corporate users of space. The Leopold firm, and subsequently Stephen on his own, provided the impetus for more than 30 major commercial real estate development projects in the 1980s, 1990s, and at the beginning of this decade.In 1993, while in New York, he brought the idea of office building food courts — common in Canadian cities but a novel concept in New York City — to the World Trade Center, spearheading the development of SKYMARKETS in each of the twin towers. Construction of two acres-plus of food courts, beverage and reception facilities began in 2001 in the Trade Center's Sky Lobbies.Stephen's insights and knowledge of commercial real estate motivated Donald Trump to devote a chapter in his book, The 100 Best Pieces of Real Estate Advice I Ever Received, to Leopold's real estate insightsStephen was also an investigator with the United States Senate Watergate Committee in 1973, and executive assistant to Brian Mulroney in 1975-‘76 during the latter’s initial bid for the leadership of The Progressive Conservative Party of Canada. Not a research c...

Frédéric Seigneur

...l Estate Broker OfficeMontreal Address Do not override ... ...Brokerworkfaxcellwork Professional Profile Credentials Listings Professional Profile Frédéric Seigneur joined Av... ...arious companies ranging from small professional firms to large internation... ...up where he worked on the disposition of assets such as the disposition of an undivided share of a 500,000 square-foot Montreal downtown office building or a 130,000 square-foot vacant building sold for a residential redevelopment in downtown Montreal.Previously, Frédéric worked for a ve...

Laurent Benarrous

...Broker Specialty:  Office Specialty:  Adviso... ...bsp; Corporate OfficeMontreal Address Do not override ... ...000 McGill College Avenue, Suite 1950 Montreal, QC H3A 3H3Canada Map ... ...ncipalworkfaxcellwork Professional Profile Credentials Professional Profile Commercial Real Estate expert since 1992Specialized in tenant representation services for office space since 2003He has held various positions with landlords such as the Magil Laurentienne Realty Corporation, TrizecHahn, TeleReal (a BCE affiliate) and SITQ.From 2000 to 2003, managed SITQ’s “Downtown Montreal” and “Quebec City” leasing teams. Laurent was responsible for a building portfolio totaling 7 million square feet. During this period, Mr. Benarrous supervised the execution of more than 500 leasing transactions totaling 3 million square feet, including three very large scale transactions.He was awarded the Innovation as well as the Efficiency and Integrity awards at the Quality Awards Gala of SITQ in 2002. Not a rese...

Quebec City

... Canada Offices About Professi... ...ea OverviewQuebec City is the capital of the province of Quebec. Founded in 1608 by Samuel de Champlain, it is one of the oldest cities in North America. ... ...as a capital city. It was the capital of New France until 1763, the capital of Lower Canada from 1791 to 1841, the capital of the Province of Canada afterwards, and has been the capital of the province of Quebec since 1867. Consequently, most jobs in the city are concentrated in the public service sector – namely public administration, defence, transportation and tourism. Approximately 10% of jobs are in manufacturing, including... ...e mostly francophone. A vast majority of the residents are native French sp... ...e Anglophones represent fewer than 2% of the population. Quebec City has a total population of approximately 800,000. As a result of its high density of governmental and insurance jobs, Quebec City’s commercial real estate market has proven to be exceptionally safe and stable. Though most properties have offered nominal growth in value, they have not suffered any declines during years of economic turmoil.MarketsOfficeAs a result of growing GDP over the past decade, Quebec City is no longer considered a sleepy government town. The beneficiaries have been the insurance, service, finance, construction and tourism industries. Accordingly, the downtown office inventory has remained stable due to limited expansion sites; however, the outer suburbs of Ste-Foy and Lebourgneuf have seen inventories more than double. Surprisingly, Quebec City continues to maintain one of the lowest vacancy rates in North America along with one of the highest affordability ratings.RetailDue to the city’s high employment and income levels, the retail sector has expanded steadily over the past five to 10 years. In addition to encouraging large national chains to establish more locations, Quebec City has begun to attract American retailers. A lack of good-quality space, particularly in the Ste-Foy district, has kept vacancy levels low and enabled rental rates to improve steadily.IndustrialQuebec City’s industrial real estate sector is small in comparison to similar cities of its size and serves primarily local businesses. Concentration of ownership with local families has kept inventory levels stable with very little speculative building.InvestmentInstitutional investors, including pension funds, REITs and public companies, are attracted to Quebec City in increasingly large numbers because of its historically-low vacancy rates and stable returns. While institutional investors dominate the office sector, they have also invested billions in the retail, and multi-residential markets. Private local investors remain strong in all sectors with particular footholds in the industrial and multi-residential sectors.Avison Young in Quebec CityAvison Young’s roots in Quebec City date to 2004, two years after the opening of the Montreal office. In recent years, Quebec City brokers have negotiated several large transactions in all asset categories while partnering on major projects with other Avison Young offices in Canada and the United States. Avison Young’s Quebec City office is particularly well-suited for multi-lingual transactions, and collaborates frequently with the Montreal and Toronto offices on a variety of office leases, acquisitions and disposi...