Real Estate Broker - Commercial
Scope of Service Experience
“I always try to maximize the value of my clients’ investments, particularly by finding unsuspected values in real estate.”
— Shlomo Benarroch
A broker specializing in commercial real estate, Shlomo Benarroch has an in-depth knowledge of real estate investment values. On the strength of his 10 years of experience in the Montréal market, he sees to every aspect of his major transactions. No detail escapes him, from analyzing leases, studying data and financial forecasts to the establishment of an advanced economic structure. Regardless of the type of buildings he is asked to find or sell, income properties or large commercial spaces, his clients can count on the same flexibility, the same commitment and the same remarkable knowledge of the field.
FLEXIBILITY. COMMITMENT. KNOWLEDGE OF THE FIELD
Background & Experience
With NAI Terramont Commercial since 2008 as an expert in industrial and investment sales, Shlomo Benarroch has succeeded in basing his credibility on conclusive results. Since then he is credited for completing over 150 transactions, totalling over $75 million and 1.2 million ft2.
During his undergrad at the Sy Syms School of Business of Yeshiva University in New York, Shlomo first worked with the private sector, negotiating major transactions, particularly with U.S. Bank and MBNA.
Given his valuable experience in the financial world, it is not surprising that he quickly became interested in investments sales in the industrial sector and decided on a career in commercial real estate.
In 2008, he obtained his broker’s licence from the Collège de l’immobilier du Québec. At the same time he studied high-performance tools useful to the profession, including Argus Valuation (valuation discounted cash flow software, which he mastered 10 years ago), which offers detailed market analyses, valuation reports and site studies for the best long-term investments.
A Montrealer by origin, Shlomo lived in New York, where he learned to do things differently. Working in that bustling metropolis allowed him to hone his negotiating skills and perfect his solid abilities as an analyst.
When he is not keeping abreast of the latest trends in real estate investment values, Shlomo is engaged in his community as a volunteer. He is president of his synagogue and involved in different philanthropic causes.
With his partners, Paul-Éric Poitras and Gabrielle Saine, Shlomo forms the Industrial Division at NAI Terramont Commercial. This team alone realizes over 100 transactions a year, representing a combined total of 2 million square feet of sales and leasing.
Shlomo studied accounting at the Sy Syms School of Business located in New York City.
Shlomo obtained his broker’s license from the Collège de l’immobilier du Québec.
Professional Associations & Designations
Member of the OACIQ
Sale Transactions ~~~~~~~~~~~~~~~~~~
Sale of an industrial investment property to Olymbec on behalf of Blackstone REIT – 320,000 square feet at $9,500,000
Sale of an industrial investment property to Le Groupe BMR – 160,000 square feet at $7,500,000
Build to suite industrial HACCP project for Novotaste - 30,000 square feet at $4,500,000
Sale of a HACCP to Fontaine Sante - 39,000 square feet at $3,800,000
Sale of an office investment property to GIE - 26,000 square feet $2,950,000
Sale of a large rental car location on behalf of the Hertz Corporation - 10,428 square feet at $2,850,000
Sale of an industrial warehouse for GE Capital to Intermark Transport Inc. - 30,000 square feet at $2,875,000
Sale of an industrial property to Le Groupe SM – 48,230 square feet at $1,975,000
Sale of an industrial property to Remorque Centre-Ville - 67,000 square feet at $1,900,000
Sale of an office investment property on behalf of Blackstone REIT - 28,000 square feet at $1,750,000
Sale of an industrial property on behalf of the BDC to Discount rend a car - 25,500 square feet at $867,000
Lease Transactions ~~~~~~~~~~~~~~~~~~
Lease of an industrial warehouse to Artitalia Group – 72,000 square feet
Lease of an industrial warehouse for Bentall to MissFresh – 33,000 square feet
Lease of an industrial warehouse for Firm Capital to Fleur Experts – 32,000 square feet
Lease of an industrial warehouse for Bentall to Karo Express – 28,000 square feet
Lease of an industrial warehouse for Dalfen Americorp to Hulcher Services – 16,000 square feet
Lease of an industrial warehouse for Bentall to Insituform Technology – 15,000 square feet
Lease of office space to Interactive Intelligence - 8,000 square feet
Lease of retail space to Park Avenue BMW - 7,897 square feet
Lease of office space to Anton Paar in Liberty Park- 7,156 square feet