BridgePort Realty Capital Partners Inc. - Appointed Property Manager For Gateway Business Park
and 1125-1145 Innovation Drive in Kanata Ontario
BridgePort Realty Capital Partners Inc. (BRCP) is pleased to announce that it has been appointed to manage six (6) office buildings located in two campuses in Kanata Ontario recently acquired by Dundee. The buildings comprise approximately 240,000 square feet.
“We are very pleased to have been given this opportunity. We are a relatively new company in the market and we are pleased that Dundee has confidence that we can effectively and actively manage these assets on their behalf,” said Pierre Hurteau, a Partner of BridgePort. “We have a very strong position in the Kanata market and we are actively trying to grow our Property and Asset Management Platform. We believe that by growing our platform with clients such as Dundee allows us to continue to invest in and build our corporate infrastructure which will benefit all of our existing and new clients alike”.
About BridgePort
BridgePort Realty Capital Partners is a leading real estate investment company that co-invests with a wide range of clients and provides a full array of services including investment management, asset management, property management, construction and development management, leasing services and land and building development. The BridgePort group of companies manages over 100 properties, comprising 3,200 residential units and almost 1.0M square feet of commercial space with an asset value of $225M.
Leading the company are Hugh Gorman, Pierre Hurteau and Yawar Khan, who together have over 50 years of experience in management and business development.
“What sets BridgePort apart,” noted Mr. Gorman “is our unique investment approach to the assets we manage, our creativity in sourcing and structuring new investment opportunities and our commitment to maintaining the highest level of integrity in the relationships with our clients, tenants and the community at large”.
Mr. Hurteau has over 20 years of real estate industry experience. He has worked with several of Canada's largest private real estate companies, financial institutions and a prominent Canadian pension fund manager. Mr. Hurteau's diverse experience at various executive levels includes third party property management, leasing, asset management, acquisitions, dispositions, and fund management of real estate assets in Canada, US and Asia.
“At BridgePort our focus is on Asset management first, followed by active property and construction management and leasing,” noted Mr. Hurteau. “We have the discipline and the knowledge to first develop a strategy and a plan to execute the strategy for every asset. We then engage our property management, construction and leasing team to execute the asset management plan. We are co-owners with our clients and being an owner is very different than being a third party manager. We believe this perspective combined with our experience makes BridgePort unique in this marketplace.”
Mr. Khan's focus is on Corporate Affairs, including corporate governance, marketing and investor relations. Yawar's management experience envelopes working with large academic health science centres in Alberta and Ontario, as well as working for a National membership-based company- MD Management (the financial subsidiary of CMA Holdings). His diverse experience includes start-up operations, business analysis, business development and governance.
“BridgePort's strategy is simple,” noted Mr. Khan, “We are going to build a robust and flexible platform that will allow our investment management business to execute quickly and bring unique value to our clients.”
For property or investment opportunities please
contact Hugh Gorman | Pierre Hurteau at:
Telephone: 613.271.1566 ext. 24 | ext. 29
Email: hughgorman@bridgeportrealty.ca | pierrehurteau@bridgeportrealty.ca
For all media inquiries please
contact Yawar Khan at:
Telephone: 613.271.1566 ext. 21
Email: yawarkhan@bridgeportrealty.ca