Business Details
13 Years
experience
Your Trusted Partner for Industrial Real Estate Solutions
Founded in 2013, PROREIT has established itself as a leading Canadian industrial real estate investment trust. Our portfolio comprises 106 high-quality properties across nine provinces, with a strategic focus on Eastern and Central Canada's robust markets. Our experienced management team brings over 70 years of combined expertise in commercial real estate transactions exceeding $4 billion. We prioritize prudent growth strategies while maintaining a 97.8% occupancy rate across our 6.4 million square feet of gross leasable area. Our internalized asset management platform ensures operational efficiency and long-term value creation for stakeholders. Through Compass Commercial Realty LP, our wholly-owned subsidiary, we deliver comprehensive property management services tailored to industrial sector requirements.Our commitment to ESG principles guides sustainable decision-making across all business operations. With a proven track record of expansion from a single property in 2013 to a $1.1 billion asset portfolio, we maintain TSX listing compliance and financial transparency. Our strategic partnership with Parkit Enterprise Inc. strengthens our position as a pure-play industrial REIT. We consistently deliver competitive returns through disciplined acquisitions and optimized tenant relationships with top-tier industrial clients.
Services
Industrial Real Estate Investment
Property Management
Portfolio Management
Investor Relations
Sustainability Consulting
Leasing Services
Asset Acquisition
Tenant Relations
ESG Compliance
Financial Reporting
Details
- Year established: 2013
Highlights and features
- Our team has completed over $4 billion in commercial real estate transactions
- 97.8% occupancy rate across 6.4 million square feet of industrial properties
- Strategic presence in Canada's strongest industrial markets
- Experienced management with 70+ years of combined industry expertise
- Fully internalized asset management platform for operational efficiency
Services
Industrial Real Estate Investment
PROREIT specializes in acquiring and managing industrial properties across Canada. Our portfolio includes warehouses, distribution centers, and manufacturing facilities in key economic hubs. We focus on mid-sized cities with strong growth potential, providing investors with diversified exposure to the industrial sector through REIT structures.
Property Management
Through Compass Commercial Realty LP, we offer comprehensive property management services. Our team handles leasing, maintenance, tenant relations, and financial reporting for industrial properties nationwide. We maintain high occupancy rates through proactive asset optimization and client-focused service delivery.
Portfolio Management
We strategically manage a diversified portfolio of industrial assets to maximize returns. Our approach includes geographic diversification across nine provinces, tenant mix optimization, and regular portfolio rebalancing. We provide transparent reporting and quarterly performance updates to unit holders.
Sustainability Consulting
Our sustainability initiatives integrate environmental, social, and governance principles into real estate operations. We implement energy-efficient systems, track carbon footprint metrics, and publish annual ESG reports. Our team advises on sustainable building certifications and regulatory compliance for industrial properties.
Investor Relations
We provide comprehensive investor support including stock information, financial statements, and distribution history. Our team offers market analysis, hosts quarterly earnings calls, and maintains regulatory filings. We ensure transparent communication through regular updates and accessible financial documentation.
People
James W. Beckerleg
Co-Founder
James Beckerleg co-founded PROREIT in 2013 with a vision to create a mid-cap commercial REIT. He previously served as CEO until 2023, guiding the company's growth from one property to a $1.1 billion asset portfolio across Canada.
Gordon G. Lawlor
CEO
Gordon Lawlor has served as CEO since 2023, bringing extensive real estate and capital markets experience. As co-founder and former CFO, he oversaw $4 billion in transactions and led the transition to a pure-play industrial REIT.
Questions
What does PROREIT specialize in?
PROREIT specializes in industrial real estate investment and property management across Canada. We focus on acquiring and operating high-quality commercial properties in strategic locations with strong economic fundamentals.
How many properties does PROREIT manage?
As of 2025, PROREIT owns and manages 106 industrial properties totaling 6.4 million square feet of gross leasable area across nine Canadian provinces.
What is PROREIT's occupancy rate?
PROREIT maintains a 97.8% occupancy rate across its industrial portfolio, reflecting strong tenant demand and effective property management strategies.
How does PROREIT approach sustainability?
We implement ESG principles through energy-efficient operations, sustainable building practices, and annual environmental reporting. Our 2024 ESG report outlines specific sustainability initiatives and performance metrics.
What financing options does PROREIT offer?
PROREIT provides flexible financing solutions including unsecured subordinated debentures and strategic partnerships. In 2024, we issued $35 million in debentures to support portfolio expansion.