Exchange District - Office Space For Lease

Office for Lease
Catylist Listing ID: 30760554
Property Subtypes: Office Building
Contiguous Space: 7,411 SF
Gross Building Area: See Agent
Lease Rate: $14 PSF (Annual)
Base Monthly Rent: $8,646
Lease Types: Other
Ceiling: 12 ft.
Building Name: The Northern Electric Building
Last Updated: 9/14/2021

Overview / Comments

140 Bannatyne offers a business’ a prominent location at the bustling intersection of Bannatyne Avenue and Rorie Street, in the centre of a vibrant East Exchange District. The East Exchange District the ideal work, live, play has become a magnet for software development, architectural firms, Financial firms. The neighborhood has also become a sought-after enclaves for new condominium and rental developments. The development of Waterfront Drive. have Occupants of 140 Bannatyne enjoy a wide variety of restaurants, coffee houses, quick access to convenient parking directly next to the building.

The Northern Electric Building, was constructed in 1928 for Montreal based Northern electric company, which later became Nortel. At the time of its construction it introduced a modern aesthetic, which was a departure from the more expressive Romanesque Revival and Italianate styles of older surrounding warehouses. The building designed by J.O. Despatie of Montreal in association with Pratt and Ross of Winnipeg, also is of a transitional construction type that combines a fireproof steel framework with conventional wood post-and-beam interior.

Large unobstructed space featuring large post and beam construction, large windows and high ceilings. Upper floors feature an interior light well which creates a remarkable work environment. In 2010 the 4th and 5th floors were added and the entire building including electrical, HVAC, windows and elevator was upgraded to Federal Government standards. Most recently Skip the Dishes occupied almost the entire building for its administration department. The building is essentially a heritage building upgraded to meet the demands of an industry leading technology firm.

Expand All Available Space

Suite: 100 7,411 SF $14 PSF (Annual) Other
Level/Floor: 1
Space Available: 7,411 SF
Lease Rate: $14 PSF (Annual)
$8,646 (Monthly)
Lease Type: Other
Date Available: 9/14/2021
Space Type: Relet
Operating Expenses $13.44 PSF (Annual)
CAM Expenses $7.75 PSF (Annual)

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 9A
Tax ID/APN: 13060753500
Zoning: C
Property Located Between: Intersection of Bannatyne & Rorie Street
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 5
Typical SF / Floor: 7,100 SF
Year Built: 1928
Year Renovated: 2010
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Photograph of Listing Agent

Wayne Sato

CPIX® Member
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