3637 Cremazie East is a 16 story, 200,000 Square feet multi-tenant office & light industrial building, located on the north side of Boulevard Cremazie East, which is the service road to the elevated portion of the Metropolitan – Highway 40 right off the St. Michel exit.
The property has excellent visibility from the highway with over 280,000 vehicles passing the property daily. Additionally, the property has excellent access to public transportation with multiple MUCTC stops and is within walking distance of the St Michel Metro. In addition to its 2 story indoor parking garage, ample Municipal parking is available in front of the building under the elevated highway which is rented by monthly pass.
This property is a multi-tenant industrial building on Boulevard Cremazie East, which MC Properties has started working on a proper strategy to completely renovate and reposition the property for use as Modern Commercial/Office Loft space, to create a completely new office district. As per the market research and numerous consultations with appraisers, leasing agents and various professionals in the industry, there is a growing trend and strong demand for this type of space. Over the past few years, with minimal new office construction coming on board, the commercial office market in Montreal has tightened up. Many office tenants specifically in the downtown area find their rents increasing dramatically and are seeking affordable yet modern alternatives. The clientele for this space ranges from contemporary artisans to young professionals and high-tech tenants.
Although the subject project is in the final design stages and has not been formally launched, it has created a buzz in the commercial/office leasing sector. The management is fielding serious requests for space from a broad range of tenants and tenant reps. This project is appealing to them for the creative work environment it offers with its large open space loft ambiance as well as the cost efficiency vs. their downtown options.