INSPIRE Winter Newsletter 2018


NAIOP Greater Toronto Chapter Developing Leader members have been busy over the past quarter. Here's news on moves and deals by your fellow DLs.


DLs ON THE MOVE:

Colton Creber has joined QuadReal Property Group as Manager, Investment Management from KingSett Capital.

Rebekah Dalziel was promoted to Director, GTA Client Services at Avison Young.

Alanna Flynn has joined Crestpoint Real Estate Investments Ltd. as Manager, Acquisitions & Asset Management.

Joel Goulding transitioned within Cushman & Wakefield to Senior Associate, Capital Markets.

Chris Ho was promoted to Director, Investment Management at QuadReal Property Group.

Emily Long was promoted to Manager, Acquisitions & Asset Management at Crestpoint Real Estate Investments Ltd.

Anna Nauruzov has joined Home Trust Company as Bilingual Senior Commercial Underwriter from MCAP Financial Corporation.

Brendan Sullivan was promoted to Associate Vice President at CBRE Limited.

Ortega Tapambwa has joined Finnegan Marshall Inc. as Cost Consultant from CoStar Group.

Trevor Thompson-Harry has joined LaSalle Investment Management as Associate from Scotia Capital.

Catherine Truong has joined RioCan REIT as Director of Development from GWL Realty Advisors Inc.



DL DEALMAKERS:

Chetan Baweja, Director, and Adam Hagedorn, Manager, Investment Management at Bentall Kennedy and John Stewart, Senior Vice President of Colliers Capital Markets in Canada have recently completed the sale of Burlington Business Park for $112m over five separate transactions. The disposed assets included 3 Class A multi-tenant industrial buildings totaling approx. 325,000 sf, 2 suburban office buildings totaling approx. 140,000 sf, 4 retail pads totaling approx. 35,000 sf and 13 acres of development land.
 
John Stewart, has also recently completed the following sale transactions:

  • 3 building casino sale leaseback portfolio with assets located in Burnaby, New Westminster and Langley, BC. The portfolio consists of approx. 360,000 sf and was sold for $503m.
  • 4 building suburban office portfolio in Halifax, NS. The portfolio consists of approx. 300,000 sf and was sold for $52.4m.
  • A downtown office building located at 1914 Hamilton Street, Regina, SK. The property consists of approx. 82,000 sf and sold for $16.2m.
  • An industrial building located at 77 Fima Crescent, Etobicoke, ON. The property consists of approx. 190,000 sf and sold for $14.9m.

Brendan Sullivan has recently completed the leasing of approx. 70,000SF at 150 John Street, taking the building to 100% occupancy.



DL NEWSMAKERS:

Jon Douglas, Director of Sustainability at Menkes Developments, has recently completed Fitwel certification on 25 York Street, becoming the first office building in Canada to achieve this health and wellbeing certification. Fitwel, a revolutionary and evidence-based building certification system for wellbeing in real estate, elevates occupant health and productivity via targeted improvements to workplace design and operational policies.

Farrah Khimji, Vice President, Finance, Forgestone Capital, received one of Toronto CREW’s annual leadership awards, the Rising Star Award. This award is presented to a Toronto CREW member who has worked in the commercial real estate industry for less than 10 years and whose initiative in the industry stands out. Specifically, Farrah was acknowledged for the progressive leadership positions she has held in both Toronto CREW and NAIOP Greater Toronto Chapter.



MEET THE 2018 DEVELOPING LEADERS COMMITTEE:


The DL committee endeavours to bring you an exciting variety of Lunch & Learns, tours, social events and more in the coming months. We encourage you to regularly visit the EVENTS Registration Site to stay informed about educational events and networking opportunities.

Shawn Feldon (Chair), Executive Director, Mortgage Investments, KingSett Capital

Fabienne Nelson (Vice-Chair), Vice President, LaSalle Investment Management

Johnpaul Antidormi, Senior Project Manager, Triovest Realty Advisors Inc.

Chetan Baweja, Director, Investment Management, Bentall Kennedy

Monica Di Zio, Marketing and Communications Manager, Crown Property Management

Mitch Gillin, Director, Investments, Hullmark Developments

Tim Kennedy, Director, Commercial Financing, First National Financial

Farrah Khimji, Vice President, Finance, Forgestone Capital

Lynton Lewis, Senior Associate, Real Estate, HOOPP

Emily Long, Manager, Acquisitions & Asset Management , Crestpoint Real Estate Investments Ltd

Sean Menkes, Development Manager, Menkes Developments

Mya Rahimian, Leasing Manager, Oxford Properties

Duncan Smith, Manager, Business Finance, The Daniels Corporation


 

The chapter’s Education Committee is proud to bring you these full-day educational courses in 2018.  CLICK HERE to read about the courses, the instructors and to register.

May 9 - Development Finance Fundamentals

June 1 - Real Estate Investment Analysis

August 16 - ARGUS Enterprise Training

September 10/11 - Building a Financial Model

October 15 - Legal Analysis of Lease Transactions

October - Demystifying LEED v4 and WELL Building Standard



Previous issues of INSPIRE:

Fall 2017

Spring 2017

Winter 2017

 

DL of the Year

Congratulations, Jason Menkes, awarded on March 22 with the Developing Leader REX Award!


READ MORE

Jason is the Vice President of Commercial-Industrial Developments, Menkes Developments Ltd. Jason manages an existing portfolio of over 4 million sq. ft. of industrial, office and retail space in the Greater Toronto Area, including asset management, leasing and property management.

Additionally, he pursues development initiatives to expand the portfolio, identifying potential land acquisitions, engaging in pre-development activities, construction, marketing and more.

Jason is a graduate of the Whitman School of Management, Syracuse University. He enjoys traveling and snowboarding and admits that he occasionally is guilty of telling Dad jokes that embarrass his children ... never on purpose, of course.
 

 
Welcome new DL Members

March 26, 2018 to May 11

Deborah Joo, CBRE Limited

Senth Sellathurai, CBRE Limited

Dan Chapman, CBRE Limited

Zach Moe, Chandos Construction Ltd

Ryan White, Colliers International

Dov Beck, Commercial Development Group

Jimmy Wong, Cushman & Wakefield Asset Services

Esme Cragg, Dentons Canada  LLP

Kristina Berezhnaya, Dorr Capital

Yuxi Chen, Ernst & Young LLP

Nadia Yen, First Gulf Corporation

Maksim Stajic-Katic, First National Financial LP

James Plaza Greystone Managed Investments

Payman Berjis Infrastructure Ontario

Kalpita Chakrabarty, KingSett Capital

Felix Wong, KingSett Capital

Joshua Klein, KPMG LLP

Jacob Polachek, Magil Laurentian

Christine Wang, OPTrust

Michael Renaud, Oxford Properties Group

Joshua Sonshine, The Great-West Life Assurance Company

Chris O'Brien, Triovest Capital