Colonnade Management Inc. and BridgePort Group of Companies are merging to provide a best in class real estate investment and operating platform in the Ottawa/Gatineau region and the Greater Toronto Area.
“BridgePort and Colonnade are like-minded organizations with complementary skills and valuable synergies,” said Hugh Gorman, president of BridgePort. “What became clear to us is that together we have a great opportunity to accelerate our growth plans and create value and maximize investment performance for our clients over time.”
Services at the amalgamated company will include property management, leasing and development and asset management.
“This merger will give us a tremendous opportunity over the long term,” said Steve Kaminski, president of Colonnade Management. “Our focus has always been on stability and growth for the company and also for employees. Many of them have spent much of their careers at Colonnade and my desire is to continue to provide them with opportunities.”