Industrial Properties


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Brick Distribution Center

Montréal, Canada

Location

10,001 Boulevard Metropolitan East, Anjou, Quebec, Canada. Located on the Metropolitan Highway.

Size

329,000 sq/ft of leased area. Exiting lot permits a future expansion of an additional 240,000 sq/ft, expansion will take place in the near future.

Tenant

Largest furniture/appliance retailer in Canada with over 162 retail stores in Canada. Sales are over $1.3 Billion. The Brick has become an income trust and is traded on the Toronto stock exchange. The company was founded since 1971.

Rating

BBB+

Lease terms

  • 20 years term.

  • Contractual rent increase every 5 years

  • NNN (carefree for the owner).


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Molson Distribution Center

Montréal, Canada

Location

1900 Dickson Street, Montreal, Canada. Located on the main road entering the Montreal shipping Port.

Size

225,000 sq/ft of leased area. Exiting lot permits a future expansion of up to 150.000 sq/ft.

Tenant

Coors-Molson; third largest Beer Company in North America

Company Rating

BBB+

Lease terms

  • 15 years term – expiry date is

  • Contractual rent increase every 5 years

  • NN lease (Not including roof and structure).


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Nellson Plant

Montréal, Canada

Location

Nellson Nutraceutical manufacturing plant 1125 – 50th Avenue, Lachine, Montreal Canada. Located on Highway # 20, besides the International Montreal Airport.

Size

210,710 sq/ft of leased area. Exiting lot permits a future expansion of 50,000 sq/ft.

Tenant

Nellson Nutraceutical Inc is the largest energy bar producer in North America holding a 65% market share of the energy bar production. Nellson produces the bars to the leading food companies in America such as: Krafts Foods, Slim Fast, Ross products Inc and Weight Watchers Inc. Nellson has generated Revenues of $380 Million for year end 2003.

Rating

BBB

Lease terms

  • 15 years term.

  • Contractual rent increase every 5 years

  • NNN (carefree for the owner).


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Spectra Plants

Boucherville, Canada

Location

Spectra Manufacturing plants

  • 1451 Ampere Street, Boucherville, Quebec, Canada.

  • 1313 HWY Chomedey, Laval, Quebec, Canada.

Both plants are located on main highways leading to Montreal.

Size

  • The Boucherville plant consists of 437,875 sq/ft.

  • The Laval plant consists of 176,000 sq/ft.

Tenant

Spectra Premium Industries Inc is a North American leader in the manufacture of automobile, light-truck and heavy-duty truck aftermarket parts and Manufacture of high-pressure die cast magnesium alloy parts and steel fuel tanks in the Original Equipment Manufacturer (OEM). The company produces and sells approximately 500,000 units of each per year.

Spectra has generated Revenues of $230,000 Million for year end 2004. The company is traded on the Toronto Stock exchange.

Rating

BB

Lease terms

  • 20 years term.

  • Contractual rent increase every 5 years

  • NNN (carefree for the owner)