Shindico Realty Inc. has assumed ownership and management of six new properties which total 228,018 square feet on 15 acres of land within Winnipeg, Manitoba. The properties have a total of 52 tenants, including a balanced mix of professional, medical, office, and retail businesses. Both Loblaws and Safeway have long-term leases at two of these properties.
“This is a great example of a transaction where everyone was on the same page. The Vendor wanted to ensure the properties continued to be owned and managed by a local company and Shindico was a perfect fit for that objective. Everyone involved in this deal took their lead from that great synergy and worked together to resolve any issues that arose.” said Shindico’s General Counsel, Justin Zarnowski.
The transaction was done in collaboration with Brian Taillieu of Colliers International, who represented the Vendor. For over 47 years, Shindico has been managing properties throughout the city and these new properties will be in those same neighborhoods. “We know that our robust property and asset management team will continue to professionally manage the properties in a manner that will make the Vendor proud. These are legacy properties of the Vendor, and they will forever be treated as such,” added Shindico’s President and CEO Sandy Shindleman.
About Shindico
Founded in 1975, Shindico Realty Inc. is a full-service commercial real estate company and one of the largest privately owned real estate firms in Manitoba. Our reputation for integrity, professionalism, and excellent service is built on our mission statement of Succeeding by Helping Others Succeed.
Our firm is proud to be part of CORFAC International - a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC currently has 75 offices in the U.S., Canada, and international markets.
Shindico is also a member of the Retail Brokers Network. Founded in 1992, RBN is a retail networking group whose members specialize in Retail Real Estate Brokerage and include some of the most experienced Commercial Real Estate professionals working out of every major market in North America. The RBN slogan Know, Like, Trust is a perfect fit for our company mission statement of Succeeding by Helping Others Succeed.
-END-
For further information please contact:
Sandy Shindleman, CCIM, SIOR, CRE, FRICS
President
(204) 474-2000
Shindico Realty Inc.
www.shindico.com
