Description

JLL's Capital Markets team is pleased to offer 3499 Douglas B. Floreani, a 139,302 SF institutional-quality industrial investment located in Ville Saint-Laurent's premier industrial park. Fully leased to Grass Valley Canada on an absolute triple-net basis for a remaining 10.5-year term, this property provides a secure, passive income stream with zero landlord responsibilities. Situated on an oversized 403,292 SF site, the property presents significant expansion potential with the opportunity to develop an additional ±84,800 SF warehouse, offering a rare combination of stable income and future value creation.

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Attributes

Building area gross

12,914 m²

Office Portion

20%

Production Portion

25%

Industrial Portion

15%

Occupancy

100%

Year built

2001

Land area gross

37,467 m²

WAULT

10.5 years

Clear height

7.62 m

Number of floors

Number of loading docks

Parking spaces

423

Zoning

Industrial

Media

Investment Highlights

Premium Single-Tenant Asset: 139,302 SF purpose-built facility 100% occupied by Grass Valley Canada, global broadcast technology leader
Exceptional Functional Mix: Rare 38% office/lab ratio with integrated office (28K SF), R&D labs (24.5K SF), production (35K SF), warehouse (21K SF)
Strategic Saint-Laurent Location: Premier industrial corridor with Autoroutes 40/13 access, 10-minute airport proximity, deep technology talent pool
Institutional-Quality Infrastructure: Robust electrical capacity, 150 kW emergency generator, comprehensive life safety systems
Outstanding Site Amenities: 423 surface parking (3.0 stalls/1,000 SF), 4 shipping doors, 9.26-acre site with expansion potential