top-pic-about-2.jpg

 

 

Solid Foundations for Growth

PROREIT was cofounded in 2013 by CEO James W. Beckerleg and CFO Gordon Lawlor, with the goal of building a mid-cap, diversified commercial REIT in Canada. PROREIT started with one property and has grown rapidly, with a portfolio of over 90 high-quality properties in regions across Canada today.

We have built our portfolio of assets with the objective of diversifying our properties, both in terms of asset class and geography. We are now present in almost all Canadian provinces, with a strong focus on Eastern and Central Canada. With our increased scale and growing profile, we now have access to properties within larger Canadian urban centres.

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

Focused on the future