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Solid Foundations for Growth

PROREIT was cofounded in 2013 by CEO James W. Beckerleg and CFO Gordon G. Lawlor, with the goal of building a mid-cap commercial REIT in Canada. PROREIT started with one property and has grown rapidly, today owning a portfolio of 120 high-quality properties mainly in the industrial sector. We are located in 10 Canadian provinces, with a strong presence in Eastern and Central Canada.

Our objective is to pursue prudent growth opportunities in the industrial sector in mid-size Canadian cities with robust economies.

We have a clear vision for the future, and we are dedicated to generating consistent income while creating long-term value to the benefit of our stakeholders. 

2013

Creation of Proreit

One property in Moncton, New Brunswick

Gross Leasable Area (GLA): 397K sq. ft.

TSX-V listing (PRV.UN)

2014

23 properties

GLA: 1M sq. ft.

2015

32 properties

GLA: 1.7M sq. ft.

2016

39 properties

GLA: 2M sq. ft.

2017

66 properties

GLA: 2.7M sq. ft.

2018

Present in 9 provinces across Canada

84 properties

GLA: 3.7M sq. ft.

Achieved $500M asset target

Acquisition of national property manager Compass Commercial Realty LP

2019

Fully internalized asset and property management platforms

92 properties

GLA: 4.4M sq. ft.

Named to the Venture 50, celebrating top TSX-V performances

Graduation to TSX and 3:1 consolidation of units

2020

91 properties

GLA: 4.5M sq. ft.

2021

120 properties

GLA: 6.6M sq. ft.