We are proud to announce that Crestpoint Real Estate Investments Ltd. has awarded Colonnade BridgePort the leasing and property management mandate for a 217,000 sq.ft. industrial portfolio in Ottawa.
Crestpoint acquired the portfolio of industrial assets in July of this year, consisting of four single-tenant properties located in Stittsville, Gloucester and Ottawa-East. The properties, 130-140 Iber Road, 1100 Algoma Road and 2355 St. Laurent Boulevard, are presently all fully leased.
“Colonnade BridgePort looks forward to working with the Crestpoint team on the execution of the asset strategy for this newly acquired portfolio,” explains Ron Matheson, Director of Real Estate at Colonnade BridgePort. “Our approach aligns the objectives of the building owner with industry best practices to drive measurable results for our client.”
With the addition of this recently awarded mandate, Colonnade BridgePort now manages a portfolio of approximately 975,000 sq.ft. of assets on behalf of Crestpoint, in both Ottawa and the GTA.