Colonnade BridgePort, an Ottawa-based real estate management, investment, and development company, announced it has been awarded the property management mandates for over 2.3 million square feet in the Ontario cities of Burlington, Brantford, and Brampton.
The properties are owned by Fiera Real Estate. The Burlington portfolio consists of six industrial flex buildings totaling approximately 250,000 square feet with 50 tenants, while the Brantford portfolio consists of 11 buildings encompassing approximately 1.3 million square feet of big box industrial properties and a retail plaza with 23 tenants. In Brampton, the properties are within the newly constructed Heart Lake Business Park and consist of five industrial buildings totaling approximately 750,000 square feet, with tenants now being onboarded.
“We have a long-standing relationship with Fiera Real Estate and we appreciate that they continue to entrust us with the management of their properties,” said Ron Matheson, senior vice president of real estate management services for Colonnade BridgePort. “This is a testament to our ability to optimize the performance of real estate assets and maximize returns, while also providing healthy, welcoming environments for tenants to run their businesses.”