Colonnade Awarded Management for Nord-Am Realty's Orleans Town Centre

February 2015

Colonnade Management Inc. has been awarded a new management contract with Nord-Am Realty Inc. to oversee the property management, leasing and lease management of the Orleans Town Centre. The 112,000 square foot retail and professional services facility is located in Ottawa's east-end at 240-260 Centrum Boulevard and 3095 St. Joseph Boulevard, immediately across Centrum Boulevard from the Shenkman Arts Centre and the new 103-room Holiday Inn Express & Suites Hotel.

The Orleans Town Centre comprises approximately 91,315 square feet of commercial retail units and 20,800 square feet of commercial office space, with approximately 21 retail units, 12 office suites and parking to accommodate approximately 300 vehicles. Future development opportunities may be accommodated on the 1.55 acre development site located immediately to the east of the Orleans Town Centre at 290 St. Joseph Blvd. Zoned as "Mixed-Use Centre", future development may include a wide range of uses inclusive of retail, office, restaurants, drive-through facilities, apartments and townhomes.

Colonnade Management is an established leader in retail, office and industrial property management, currently managing in excess of 4.2 million square feet on behalf of institutional and private investors . Nord-Am Realty selected Colonnade Management for its premium service platform and unparalleled reputation for responsiveness, reporting and retail leasing and lease management experience.