Industrial Asset Repositioning Aligned with Disposition Strategy
Property management aligned with ownership to manage single tenant industrial asset with an upcoming lease expiration. The asset strategy for this property included non-renewal of the tenant and putting the property on the market for sale to a potential owner occupier. In order to maximize the value of the property, strategic reinstatement of the asset was needed.
Repositioning and Resurrecting A Chronically Vacant Retail Centre
Opportunity In 2008, Investors Group retained Colonnade BridgePort to reposition and “resurrect” a 60,566 sq. ft. retail centre that was experiencing chronic vacancy in Barrhaven, a suburb of Ottawa. When Colonnade BridgePort assumed management, the centre had a 66% vacancy rate due to many large, national tenants not renewing their leases; nationals such as Loeb […]
Answering community-driven demand for retail development in an underserved market
Kemptville Colonnade was a 90-acre industrial parcel in Kemptville, Ontario which was rezoned and redeveloped to meet the needs of a grossly underserved retail market.
State-of-the-art Tech Hub
During Ottawa’s technology boom, Kanata’s technology community was lacking state-of-the-art space. Understanding that the market would continue to grow and demand for suitable space would outpace supply, Colonnade BridgePort proposed the development of the Kanata North Technology Park.
Repositioning to Drive Value
After an unsuccessful attempt to sell in 2016, KingSett approached Colonnade BridgePort to develop a new asset strategy, including implementation plan, which would allow them to achieve their exit value threshold over time.
Transit-oriented brownfields re-development within the urban boundary
Seeing an opportunity within the transitioning West Ottawa neighbourhood of Westboro, in 2016 Colonnade BridgePort acquired two underutilized, environmentally compromised parcels on the corner of McRae Avenue and Scott Street with the intent to develop a true mixed-use asset within the urban boundary.