Introducing Garneau Professional Centre
A centre for Edmonton’s health, wellness, technology and education professionals.
Flexible floorplates offering units from 800 – 8,000 SF
Newly renovated common areas
Strategically located within the largest healthcare cluster in Alberta
Walking distance to the University of Alberta, multiple research facilities, and an abundance of amenities on Whyte Avenue
Ownership benefits
Unparalleled location
Put down roots in the heart of Edmonton’s Whyte Avenue, close to the University of Alberta
Located in the largest healthcare cluster in Alberta, Garneau Professional Centre is strategically positioned near hospital facilities, healthcare research, and biotechnology research. Nearby public transportation make this location unbeatably accessible. The University LRT Station and Health Sciences/Jubilee LRT Station are within 1km and several bus routes service the immediate area. Situated on Whyte Avenue, famous for its plethora of attractions and amenities, Garneau Professional Centre ensures an abundance of shops, services, restaurants, and more.
University of Alberta Hospital
7 minute walk
Garneau Park
3 minute walk
Braithwaite Park
5 minute walk
Walter Dale Bridge
6 minute drive
Downtown Edmonton
9 minute drive
YEG Airport
27 minute drive
The newly reimagined Garneau Professional Centre
Offering flexible floorplates with units between 800 – 8,000 SF
Underground parkade
Ample visitor parking
Unique window features provide enhanced natural light
Two large elevators
Brand new common area upgrades
Signage opportunities facing Whyte Avenue
Ownership Benefits
Investing in your property: why it makes sense
Building Equity
Monthly payments directly contribute to equity as the principal is paid down.
Tax Breaks
Let tax efficiencies via depreciation, deduction of interest and other mortgage related expenses work in your favour.
Financial Risk
Eliminate annual rent and operating cost increases from landlords.
Commercial Condominium Prices
Prices have consistently increased year-over-year for the past decade.
Operational Cost Control
Ensure goal alignment with other owners and be a direct decision-maker regarding operational costs.
Interest Rates & Lending Terms
Take advantage of historically low borrowing rates coupled with favorable terms for owner user groups.
Lease Agreements
Lease agreements are inherently landlord favoured, allowing them to charge on costs that you would not incur as an owner.
Improving Space
Money spent on an office you own increases value for your asset, not the landlord’s.
Additional Benefits
Ownership provides many more financial options including renting to a third party or selling asset with the sale of a business. It also provides you as the owner with more control over building decisions and capital expenditures.
Condo Fees:
$10.60 / SF (2024)
Parking Ratio
2.5/1,000 SF
(Additional Visitor Parking Available)
2nd Floor
Suite 260 1,959 SF
3rd Floor
Suite 301 2,809 SF
Suite 345 1,277 SF
Suite 350 732 SF
4th Floor
Suite 402 1,378 SF
Suite 410 1,389 SF
Suite 420 904 SF
Suite 430 1,561 SF
Suite 435 1,065 SF
Suite 440 2,056 SF
Suite 402, 410, 420, 430, 435 and 440 contiguous for up to 8,353 SF
5th Floor
Suite 570 1,507 SF
Our Team
Transform Capital
At Transform Capital, our goal is to invest in projects that create a better Edmonton. Through a purpose driven approach, we focus on ensuring that each project is successful by giving back to our local community, having a focus on positive environmental impact, and creating a sense of community.
Colliers
Colliers is a leading global real estate services and investment management company. With operations in 68 countries, our 15,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors.
For more than 25 years, our experienced leadership team, owning approximately 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2019, corporate revenues were more than $3 billion ($3.5 billion including affiliates), with more than $33 billion of assets under management. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.
collierscanada.com
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Fahad Shaikh, CPA, CA
Senior Vice President
Office & Healthcare | Brokerage
fahad.shaikh@colliers.com
Colliers Macaulay Nicolls Inc.
2210 Manulife Place, 10180 - 101 Street
Edmonton, AB T5J 3S4 | Canada
Main: +1 780 420 1585
Fax: +1 780 424 7830
Ryan Brown, BComm, SIOR Partner
Office | Brokerage
rbrown@naiedmonton.com
+1 587 635 2486
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