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CCI News & Announcements

Completed Renovation at 330 Portage Ave

CCI is pleased to meet the requirements of our new tenant in 330 Portage Avenue for two floors and the great work of Pretium in delivering the space.

We look forward to more updates on new tenants committing to our 330 Portage Avenue as we benefit from the major upgrades completed on the project over the last couple of years. The re-positioning of this project has produced great results.

Hannah Whittingham
Westmount Commons Welcomes Leading Canadian Value Retailer Dollarama

The Canadian household name and shopping destination is set to open its doors in the first half of 2022

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LONDON, Ontario – October 8, 2021 – Leasing activity continues to build momentum with the latest exciting addition of Canadian household name and shopping destination Dollarama joining Westmount Shopping Centre, London.  The property continues to reposition itself over the coming months to a mixed-use development that will be known as Westmount Commons.

Proudly managed by McCOR Management (East) Inc., in partnership with investors CCI Corpfin Capital Inc. and KingSett Capital Inc., the dramatic evolution will see the property come to life during this multimillion-dollar development.

We are extremely thrilled to welcome Dollarama to the exciting Westmount project,” says Luc Corneli, Principal and Founder of McCOR Management.  “Our vision for a mixed-use development continues to evolve, even amidst a global pandemic.

Dollarama aims to provide customers with a consistent shopping experience and compelling value, through a broad assortment of affordable consumable products, general merchandise and seasonal items at low fixed price points.

We are excited to open a new store next year in Westmount Commons as we continue to expand our store footprint from coast to coast.  We look forward to serving the local community and providing Londoners with even greater convenience and access to affordable, everyday and seasonal items at compelling value,” said Jeff Boyd, Senior Vice President, Real Estate, Dollarama.

The new Dollarama location is expected to open in Westmount Commons in the first half of 2022.

CCI is pleased with the continued progress of our mixed-use redevelopment at Westmount Commons, with the commitment of Dollarama to the project. Please review the attached video of the complete transformation plan of Westmount Commons” says Gord Wiebe CEO of CCI Corpfin Capital Inc.

For more information and interview requests, please contact:

April Herlick,

Property Manager, Westmount Commons 519 641 0976

aherlick@mccor.ca

OR

Lyla Radmanovich

Media Relations, Dollarama

media@rppelican.ca

About Westmount Shopping Centre

In the heart of Canada’s first planned community, originally developed by legendary builder Mowbray Sifton, in London, Ontario, Westmount Shopping Centre is being reimagined by McCOR Management in partnership with CCI Corpfin Capital Inc. and KingSett Capital.  Rolling out over three phases, Westmount will be reborn as a community hub to support the needs of an active and engaged neighbourhood – a place to live, work, learn, play, and shop.  The Westmount project is poised to help write the next great chapter in mixed-use development.

https://www.corpfincapital.ca/westmount-commons

 

About Dollarama

Dollarama is a recognized Canadian value retailer offering a broad assortment of consumable products, general merchandise and seasonal items both in-store and online.  Its 1,381 locations across Canada provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns.  Select products are also available, by the full case only, through its online store at www.dollarama.com.  Its quality merchandise is sold at select fixed price points up to $4.00.

 

About McCOR Management

McCOR Management has offices in Calgary, Edmonton, Gatineau, Regina, Toronto, Vancouver and Winnipeg, offering the national reach needed to best serve leading investors and occupiers whilst retaining the local expertise to accommodate smaller firms and sole proprietorships competitively.  The formation of McCOR Management creates one of Canada’s largest privately-owned real estate development and property management companies, with over $3-billion of assets under management.

For further information about McCOR Management, visit www.mccor.ca

For further information about CCI Corpfin Capital, visit www.corpfincapital.ca

For further information about KingSett Capital, visit www.kingsettcapital.com

Hannah Whittingham
McCOR Management Grows Western Canada Portfolio
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Partnering with one of the most active developers in Alberta

WINNIPEG, Manitoba – September 2, 2021 – With continued growth an ongoing objective, McCOR Management is pleased to announce they have been awarded a management contract by Melcor Developments Ltd. for their Calgary portfolio. McCOR will be adding the newest Calgary portfolio to their western commercial and office properties they currently manage located in Winnipeg, Vancouver, Regina, and North Vancouver.

Doug McDonald, Principal and Founder, McCOR Management states, “Melcor is an outstanding long-term client of McCOR. Just a few years back we expanded our relationship in Saskatchewan and now most recently Melcor has entrusted us to represent them in Calgary. We are so appreciative of their business and of their support.”

Melcor Developments Ltd. is a family real estate business founded in 1923 that spans four generations and affirms their values and their belief that relationships are the cornerstone of their business. A fully integrated real estate development and asset management company, Melcor is one of the most active developers in Alberta.

“I am pleased to announce that McCOR Management has taken on the day-to-day property management of our Calgary and area portfolio,” says Bob Brown, Vice President, Investment Properties Division, Melcor Developments Ltd.  “We are confident, with their proven track record and our long-standing relationship, that they will do an excellent job and our clients will continue to experience exceptional customer service.”

The management contract for the Calgary portfolio began July 1, 2021, and consists of approximately 500,000 square feet of office, retail and industrial space with continued growth anticipated.

For more information and interview requests, please contact:

Doug McDonald, President & CEO/Principal, McCOR Management

204-947-2242

dmcdonald@mccor.ca

OR

Bob Brown, Vice President, Investment Properties Division, Melcor Developments Ltd.

780-945-4796

bbrown@melcor.ca

About McCOR Management

McCOR Management has offices in Calgary, Edmonton, Gatineau, Regina, Toronto, Vancouver, and Winnipeg, offering the national reach needed to best serve leading investors and occupiers whilst retaining the local expertise to accommodate smaller firms and sole proprietorships competitively. The formation of McCOR Management creates one of Canada’s largest privately-owned real estate development and property management companies, with over $3 billion of assets under management.

For further information about McCOR Management, visit www.mccor.ca

About Melcor Developments Ltd.

Melcor is a diversified real estate development and asset management company with a rich heritage of innovation in real estate since 1923. Through integrated operating divisions, Melcor manages the full life cycle of real estate development: acquiring raw land, community planning, construction and development, and managing revenue producing office, retail and residential assets. Melcor develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses.

Melcor is committed to building communities that enrich quality of life – communities where people live, work, shop and play.

For further information about Melcor Developments Ltd., visit www.melcor.ca

Hannah Whittingham