October 23, 2017 5:24 PM ET

Real Estate Management and Development

Company Overview of Canderel Management Inc.

Company Overview

Canderel Management Inc. provides real estate development, investment, and management services in Canada. The company develops residential, condominium, office, mixed use retail/office, and multi-modal passenger transportation properties; leases office, industrial, and retail properties; and provides property management services for third party owners. It also offers construction, marketing, and asset management services. Canderel Management Inc. was founded in 1975 and is based in Montreal, Canada with regional offices in Montreal, Ottawa, Toronto, Edmonton, Calgary, and Vancouver, as well as Dallas, Texas.

900–2000 Peel Street

Montreal, QC H3A 2W5

Canada

Founded in 1975

Phone:

514-842-8636

Fax:

514-982-9076

Key Executives for Canderel Management Inc.

Chairman of the Board and Chief Executive Officer
Age: 66
Vice-President of Finance
Vice-President and General Counsel
Senior Vice-President of Toronto
Senior Vice-President of Montreal & Ottawa
Compensation as of Fiscal Year 2017.

Canderel Management Inc. Key Developments

Canderel Acquires Prime Lake Shore Site in Toronto, from Rogers Media Inc

Canderel announced the purchase of 545 Lake Shore Boulevard West, a 1.8 acre site at the corner of Bathurst St. and Lake Shore Boulevard West. The property, considered one of the prime development sites in Toronto's West Harbourfront neighbourhood, is suitable for residential and commercial intensification. Cushman & Wakefield marketed the site, and represented the vendor, Rogers Media Inc, throughout the sale of this exceptional property. The property, which is bound by Lake Shore Boulevard West, Bathurst Street and Queens Quay, is just steps from the Billy Bishop Airport. Positioned at the western edge of Queens Quay, the location will benefit greatly from an ongoing, $128 million revitalization of the avenue, which includes wider granite sidewalks, separated bike paths, and additional landscaping improvements.

Canderel Group Secures Bentall Centre Management Contract

Canderel Group of Companies announced that the firm has entered into an agreement to act as both property and leasing managers for the Bentall Centre in Vancouver, British Columbia, effective July 18, 2016. Located in the downtown core connected to the Burrard SkyTrain station, the complex comprises four Class A and AAA office towers totaling 1.4 million square feet of office area and approximately 50,000 square feet of additional retail space.

The KanAm Grund Group and Canderel Enters into Lease Agreement with Vigilant Global

The KanAm Grund Group and Canderel announced that Vigilant Global has entered into a lease agreement to occupy 76,500 square feet of office space at the 1360 René-Lévesque tower. Located in the downtown Montreal’s most rapidly growing sector, the Quartier Windsor, the space will serve as the new head office for the company. Vigilant Global will partner with the following firms on the new space: P&R Desjardins Construction Inc., Provencher Roy Design Intérieur Inc., BPA, and Applied Electronics Limited.

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