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Invested in value creation

Canderel Commercial

Unwavering excellence 

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.

Our commercial real estate solutions

In Canderel, you’ll find a partner with the track record and fully integrated commercial real estate offering to deliver on your needs, goals and ambitions—no matter the scale, no matter the location.

Property management

Benefit from tailored solutions that address your requirements for maximized revenue and operational efficiency, for your entire portfolio or a single property.

Project management and construction

Rely on our team's breadth of expertise and geographic reach to assess risk, avoid pitfalls, manage resources and translate current projects into long-term benefits.

Leasing

Leverage our experience, creativity, and focus on innovative solutions to find the right tenants for your space and efficiently manage expansions, relocations and improvements.

Interested in our services?

The experience to deliver

We think and act like owners, continuously enhancing property values. Our team identifies development opportunities proactively, builds robust leasing and repositioning strategies and offers flawless property management and operational services.

30M+ sf

of total existing and under
development projects 

25M+ sf

of managed built space 

300+

properties managed

7

local leasing teams 

Case study

iA Financial Group

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:

  • Decreased operating costs by 14% compared to budget
  • Leased over 466,106 sf (+10% of the overall 4.5M sf portfolio)
  • Designed and built out three Pronto Suites
  • Launched new tenant engagement activities with a focus on health and wellness
Case study

Giant Tiger

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.

Case study

Bentall Centre

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%.

Community.
Sustainability.
Inclusion.

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.

More reasons to work together

Fully-integrated property management team on national and local levels

Leasing approach from an ownership perspective 

Skilled professionals for consultation on all commercial real estate aspects

Experience in development ranging from $100K renovations to $600M projects

Meet our clients

Invested in service

News

What’s Next for Sustainable Real Estate

The question is not whether we can afford to invest in decarbonization but whether we can afford not to.

What’s Next for Office

Canderel is paving the way for a future where workplaces are commonly known as places to live, learn, and connect.

What’s Next for Commercial Real Estate

The commercial real estate industry stands at a pivotal moment, marked by significant challenges but also unparalleled opportunities for growth and innovation.
Invested in people 
Career opportunities

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

Get in touch

Learn how you can benefit from Canderel’s in-depth commercial real estate experience.