INVESTED IN COMMUNITY: TOURING REGIONAL LANDMARK LISTINGS WITH CBRE CAPITAL MARKETS

JAMES CRAIG, SENIOR SALES ASSOCIATE

CBRE CAPITAL MARKETS PHOTOGRAPHED AT 100-108 WALTER STREET, KITCHENER (CURRENTLY ON THE MARKET)

‘In the last 5 years or so, CBRE has brokered land deals with pretty much every development group in Waterloo

Region, Guelph, and Hamilton, totaling 7,000+ units of residential – mostly inner city infill and intensification projects: townhouse, highrise, midrise,

condo and rental. 100-108 Walter Street, a brand new condo-quality rental building, is exactly the type of development Waterloo Region was looking to attract as part of their investment in the LRT. It’s located near two ION stops, and within short walking distance of Kitchener’s downtown and many of the region’s tech companies.’

– JC

(SEATED LEFT TO RIGHT):  JAMES CRAIG (SENIOR SALES ASSOCIATE, CBRE CAPITAL MARKETS), MARTIN COTE (ASSOCIATE VICE PRESIDENT, CBRE CAPITAL MARKETS), JOE BENNINGER (VICE PRESIDENT, CBRE CAPITAL MARKETS)

PHOTOGRAPHED AT 1 VICTORIA STREET S, KITCHENER (SOLD TO MOMENTUM DEVELOPMENTS IN 2012)

‘This site had been a single-storey strip plaza with multiple vacancies. The seller wanted an extravagant price – too high for a low-density development. So we called upon a few engineering/planning friends to fashion sketches showing that a tower with parking garage could be successfully executed on the site. Then we showed the sketches to Momentum, and the rest is history.’ – JB

MARTIN COTE, ASSOCIATE VICE PRESIDENT CBRE CAPITAL MARKETS

PHOTOGRAPHED AT 51 BREITHAUPT STREET (‘THE BREITHAUPT BLOCK’), KITCHENER (SOLD BY CBRE TO PERIMETER DEVELOPMENTS IN 2009)

‘Every crane you see in the sky and every boarded-up building starts with a real estate deal that was probably contemplated years earlier. That’s where we come in. We broker the development land deals, and the building repurposing deals. The potential for the 250,000 sq ft ‘Breithaupt Block’ was palpable at time of sale. Fortunately, it sold to Perimeter Developments – a group that had the vision and patience to execute a first-class redevelopment. Now it’s a landmark building, and home to Google Canada.’ – MC

JOE BENNINGER, VICE PRESIDENT CBRE CAPITAL MARKETS

PHOTOGRAPHED AT 132 QUEEN STREET S, KITCHENER (SOLD BY CBRE TO WOODHOUSE GROUP + VANGUARD DEVELOPMENTS IN 2016)

‘We serve as a resource for our clients to invest with confidence. Our function is to procure real estate opportunities for them to execute their vision and shape the community (along with their customers/tenants). 132 Queen Street was built in 1918 by Jacob and Mary Kaufman of Kaufman Rubber. By 1929 it had become Schlichter’s Automative – a successful business for 87 years. It’s currently undergoing significant renovations for offices & retail.’  – JB