As our client or partner, you benefit from our entire organization’s experience and collective knowledge.
Canderel Commercial’s nationwide, decades-long real estate expertise is manifested in every mandate, from property portfolio management and daily operations to full-service leasing programs, building transformations, and landmark developments.
Highly focused and with a wide variety of skills and experience, our team provides you with a full roster of commercial real estate services aimed at driving income and creating long-term value.
iA Financial Group, one of Canada’s largest insurance and wealth groups, increased the focus on its core mission and investment activities by entrusting Canderel with the operational management, leasing and maintenance of its entire Quebec portfolio—4.5M sf of real estate assets across 16 properties in Montreal and Quebec, including heritage buildings.
Within the first year, Canderel:
Giant Tiger mandated Canderel to lead a new head office project on its 450,000 sf industrial grounds in Ottawa. Addressing the challenge of building on a site with limited available space, Canderel creatively reconfigured an existing facility and orchestrated the demolition of surrounding areas to accommodate the new office tower.
As Giant Tiger’s eyes and ears, we oversaw the entire design and construction process, assembling a team of architects and engineers, along with other specialty consultants. Following successful delivery, Canderel also took on the mandate of property management services for the new headquarters.
Wrapped floor to ceiling in glass, the four-storey office tower consists of two wings connected by an atrium. The new building offers 50,000 sf of usable space, a full-service cafeteria and a workout facility.
Vancouver’s Bentall Centre was facing above-average vacancy—13.3% compared to the Vancouver ‘A’ market’s average 10.2%—when Canderel stepped in as a third-party manager.
In a short three-year span, we leased and renewed over 700,000 sf at this premier office complex, bringing in 62 new leases and completing 100+ leasing transactions overall. The average net rent at Bentall Centre increased substantially, and vacancy dropped by 1.3%.
We’re invested in creating value while keeping true to our core values. Recently, several initiatives contributed to the realignment of Canderel’s ESG pillars relative to our guiding principles.
In 2023, we’ll be refining our ESG priorities with an inaugural Materiality report.
Looking to grow with Canada’s top real estate talent? Learn more about the culture, the people and the career opportunities at Canderel.
Regional offices from East to West
Quebec City | Montreal | Ottawa | Toronto | Edmonton | Calgary | Vancouver