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.
Creation of Proreit
One property in Moncton, New Brunswick
Gross Leasable Area (GLA): 397K sq. ft.
TSX-V listing (PRV.UN)
GLA: 1M sq. ft.
GLA: 1.7M sq. ft.
GLA: 2M sq. ft.
GLA: 2.7M sq. ft.
Present in 9 provinces across Canada
GLA: 3.7M sq. ft.
Achieved $500M asset target
Acquisition of national property manager Compass Commercial Realty LP
Fully internalized asset and property management platforms
GLA: 4.4M sq. ft.
Named to the Venture 50, celebrating top TSX-V performances
Graduation to TSX and 3:1 consolidation of units
Focused on the future
GLA: 4.6M sq. ft.