INSPIRE Fall Newsletter 2018


The Seventh Annual DEVELOPMENT CHALLENGE provided a unique opportunity for Developing Leaders to earn industry wide recognition and cash prizes, showcase their skills before high profile industry leaders, plus network within the community.  Developing Leaders (DLs) from all segments of the industry and Toronto-area university students registered teams and were given a real estate development case with specific parameters.  The teams were required to submit sophisticated proposals by a set date during the summer. 

For this year’s edition of the competition, the Development Challenge organizing committee selected a theme: Re-develop! Renovate and Reposition! The committee selected a site, The Dundas-Edward Centre.  DLs within the Greater Toronto real estate industry and post-graduate students in real estate related programs were asked to make their mark in Downtown Toronto. They were asked to put on their private equity hats and plan the future for this 1.1 acre full city block between Dundas and Edward streets.

Awards Night, held October 4, 2018 featured live presentations by three finalist teams. Congratulations to the Development Challenge First Place team!

L to R: Umehani Kanga (Schulich / York U), Jordan Trinder (Schulich / York U), Ehsan Naimpour (Architecture / U of T), Alannah Bird (Schulich / York U), Pedram Karimi (Architecture / U of T), Bao Nguyen (Schulich / York U)

View Awards Night Photos

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The Devlopment Challenge program and Awards Night would not have been possible without the support of our amazing volunteers, led by committee Co-Chairs, Mitch Gillin and Duncan Smith:

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.


Johnpaul Antidormi joined CBRE Limited as Associate Director, Industrial Project Management.

Karen Dao was promoted to Senior Analyst, Acquisitions at Jones Lang LaSalle.

Marc Delena joined Jones Lang LaSalle as Associate Vice President, Advisory & Appraisal Services.

Diana Grigore joined Crestpoint Real Estate Investments Ltd. as Manager of Investor Relations.

Rob Ironside was promoted to Vice President, Industrial & Logistics at CBRE Limited.

Aleks Karamarkovic was promoted to Vice President, Corporate Development at Graywood Group.


Stratton Townley and Vienna Loo at JLL have recently completed two transactions in the GTA:

They represented Healthcare of Ontario Pension Plan and Morguard Investments Ltd. in the sale of Oakville Corporate Centre, an office complex comprising three, seven-storey buildings totaling 315,727 sf of space on 9.0 acres, located at the intersection of the Queen Elizabeth Way and Dorval Drive in Oakville, Ontario. The complex sold for $54,150,000.

The Second transaction was the sale of the GTA West Industrial Portfolio on behalf of the Vendor, Manulife Real Estate. The Portfolio comprised of 10 single and multi-tenanted industrial buildings located in Brampton, Burlington, Mississauga and Vaughan, offering over 450,000 sf of space on 23.4 acres. The Portfolio was sold for $69,000,000.

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Liam Sauro at Cushman & Wakefield recently completed the following transactions:

418 Church Street:  $5.6M completion of 15,750 SF land assembly.

477-485 Queen West:  $28,973,130 transaction representing vendor (KingSett Capital) of a freehold retail asset at Queen/Spadina.

510 & 569 King Street East:  $10,125,000 transaction representing vendor (DREAM & Streetcar) and assumption of existing debt on two stratified title retail assets on King East.


Read about the Student Connections program

NAIOP Greater Toronto’s STUDENT CONNECTIONS program gives university students networking and learning opportunities similar to the career-enhancing opportunities that NAIOP Developing Leaders enjoy through the chapter’s popular annual Mentorship Program.

From November 2018 to February 2019, more than 60 participating university students from Greater Toronto and the surrounding area and 36 Developing Leader members of NAIOP will connect in hour-long, one-on-one mentoring sessions. The Developing Leaders welcome this opportunity to help students who are pursuing careers in commercial real estate, and the students can benefit greatly from the knowledge and insights offered by their DL mentors.

Previous issues of INSPIRE:

Summer 2018

Winter 2018

Fall 2017

Welcome New and Returning Developing Leader Members

Sept 15 to Dec 31, 2018

Robyn Shapiro, TAS

Justin Leon, Montez Corp.

Shea MacDougall, Powers Brown Architecture

Lucas Zomparelli, Altus Group

Benjamin McFaul, Blackwood Partners, Inc.

Luca Cepparo, MCAN Mortgage Corporation

Josh Levine, Spire Capital Investments

Caroline Rauhala, Vancity Community Investment Bank

Michelle Caballero, Triovest Realty Advisors, Inc.

Ayelet Klaczkowski, KingSett Capital

Kim Nguyen, Bentall Kennedy

Shelley Wang, TD Securities

Jordan Young, Bentall Kennedy

Maria Tran, Royal Bank of Canada

Niall Sloane, Deloitte LLP

Bernar Billesberger, First National Financial

Gabriel Diamond, Well Grounded Real Estate

Jonathan Diamond, Well Grounded Real Estate

Khanh Le, Vandyk Group of Companies

Neil Poirier, Cadillac Fairview

Jesse Foden, Camino Modular Systems Inc.

Sairam Srinivas    BMO Capital Markets

Catherine Price, Avison Young

Florenz Ongkingco, CBRE Limited

Terrence Chin, Fiera Properties Ltd

Meagan Normandeau, Altus Group

Ryan Sengara, Urbancorp

Paul Leptocaridis, CBRE Limited

Adam Budd, JLL   

Sheldon DiCarmine Dobsi, Triovest Realty Advisors

Danny Su, Cushman & Wakefield

William Burakoff, Deloitte

Ted Guo, Colliers International

Janet Chung, CPP Investment Board

Jeffrey Malenfant, IWG

Mohsen Ghaderi, Royal LePage Commercial

Charles Casper, JLL

Reef Chiu, CPP Investment Board

Robyn Gooding, Matrix360

Adam Lambros, Panattoni Development Company

Matt Scott, Dorsay Development Corporation

Elona Sopiqoti, Dancon Construction Services

Lane Theriault, Subterra Renewables

Matt Tokarik, Subterra Renewables

Katelyn Harder, Dream Industrial REIT

Harkamal Aggarwal, CBRE

Akshay Gupta, Berkshire Axis Development

Xiaoxu Guo, TMG Builders

Rudy Bocchicchio, Stormont Partners

Albert Oppenheimer, The Great-West Life Assurance Company

Kyle Hulme,
BDO Canada LLP

Cornell Haynes, Skyline Asset Management

Daniel Ramezani, Manulife

Pamela Bianconi, Colonnade BridgePort

Sean Coughlin,
McMillan LLP

Toluwalope Dipo, HOOPP

Andy Poon, HOOPP

Lauren Sullivan,
Urbacon Ltd.

Gaurav Mathur, BMO Capital Markets

Myah Ollek, CBRE

Jason Hiley, Brookfield Property Partners

Kris Medhurst, Deloitte LLP

Myles Millard, Hines

Godwin Thiruchelvam, Deloitte LLP

Felipe Senisterra, Colliers International

Simon Huang, Oxford Properties Group

Scott Figler, JLL