Concert Properties

Coming soon – 88 Scott

In Toronto, 88 Scott is ramping up for its sales release this spring. At 58-storeys tall, 88 Scott represents the largest condominium project Concert has undertaken to date, and builds on a track record of excellence in developing sought-after and iconic highrise residential towers.

Located only a few blocks from The Berczy, Concert’s first condominium development in Toronto, 88 Scott sits on the corner of Wellington and Scott Streets right in the heart of downtown Toronto. Showcasing modern classic architectural design, 88 Scott will offer a wide variety of homes from compact, open plan suites priced below $300,000 to spacious, contemporary penthouses showcasing some of the best views in the city.

Those interested in finding out more about this unique development are encouraged to visit 88Scott.com.


Concert acquires two significant industrial assets in Burlington

Concert is pleased to announce the continued growth of its income-producing property portfolio through the acquisition of two high-quality industrial properties in Burlington, Ontario.

Built in 2005, the 177,060-square-foot, single-tenant industrial building at 1022 Champlain Avenue is a ‘class A’ warehouse and distribution facility with 28’ clear ceiling heights, 20 truck-level doors and 1 drive-in shipping dock. The 151,573-square-foot, multi-tenant industrial building at 4041 North Service Road is an industrial facility with 20-22’ clear ceiling heights, 17 truck-level doors, 2 drive-in shipping docks and nearly six acres of additional land for possible future expansion. Both properties are fully leased.

“The acquisition of these properties brings Concert's holdings of income-producing property to more than 10.7 million square feet," said Concert's President and COO, Brian McCauley. "Both properties reflect Concert's ongoing intention to diversify the company’s portfolio in the GTA through the acquisition of strategically-located industrial assets."

The properties are situated in proximity to major transportation hubs – the Toronto Pearson and John C. Munro Hamilton International Airports as well as the Port of Hamilton. Additionally, the properties benefit from easy access to the QEW/403 and 407 highways.

Acquisition of the Queen Victoria Hotel

In addition to the recent additions to Concert’s commercial portfolio, Concert is pleased to announce its recent acquisition of the Queen Victoria Hotel in Victoria, BC.

The 146-room, 89,754 square foot hotel is ideally located in downtown Victoria adjacent to beautiful Beacon Hill Park and within walking distance to all the City has to offer.

Concert is currently exploring the possibility of conversion into residential rental and other alternatives including seniors independent living. The Queen Victoria Hotel will continue operating as a hotel until the fall when it is expected to undergo upgrades.



 

Allen Glazer retires after 16 years with Concert

Concert staff gathered together last month to wish Allen Glazer, Vice President of Property Management, all the best in his early retirement.

When Allen joined Concert in 1995, the company’s portfolio of income-producing properties was barely at 800,000 square feet and was limited in scope to residential rental buildings in Vancouver. Over the years, Allen played a critical role in Concert’s diversification into the Toronto residential rental market and the company’s expansion into the commercial property market in BC, Alberta and Ontario. In the process, Concert’s portfolio of income-producing property has grown to 10.7 million square feet.

In addition to his wealth of property management expertise gained from 30 years in the business, his warm, jovial and light-hearted presence around the office will be missed. We hear retirement will afford him the opportunity to travel the world with his wife Karen, work on his car and catch every last Edmonton Oilers game.

All of us at Concert would like to wish him the best!

   


   Founded in 1989, Concert specializes in developing rental apartments, condominium homes and retirement communities, acquiring and developing commercial, industrial and infrastructure properties and in property management. With operations in British Columbia, Alberta and Ontario and the backing of more than 200,000 Canadians represented by the union and management pension plans who own Concert, our commitment is to build strong, sustainable communities across Canada.

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