Cadillac Fairview

Cadillac Fairview Corporation Limited
Private
Industry Property management
Founded 1974
Headquarters Toronto, Ontario, Canada
Area served
Canada, United States, Brazil, China, United Kingdom
Key people
John M. Sullivan, President & Chief Executive Officer
Products commercial real estate properties
Parent Ontario Teachers' Pension Plan
Website www.cadillacfairview.com

Cadillac Fairview Corporation Limited is a Canadian company that invests in, owns, and manages commercial real estate, mainly in Canada and the United States. The name "Cadillac Fairview" came into existence in 1974 as a result of the merger between Cadillac Development Corporation Ltd and Fairview Corporation.[1] Cadillac Development Corporation was founded by partners Ephraim Diamond (d. 2008), Joseph Berman (1922-2003), and Jack Kamin in Toronto in 1953 as a developers of high-rise apartment buildings. Fairview Corporation was established in 1958 as the real estate division of Cemp Investments, the holding company of the Bronfman family. Before merging, Cadillac and Fairview already had strong ties since 1968.[2] Bronfman held Cemp Investments sold Cadillac Fairview in 1986.

Cadillac Fairview owns, develops and manages property, malls and large office and retail spaces across the Western Hemisphere, mostly in North America. Cadillac Fairview has also developed suburban housing, such as the Erin Mills "New Town". The company was purchased by the Ontario Teachers' Pension Plan in March 2000. In 2006 it expanded its operations to Brazil.[3] As of March 2017, the company states that its portfolio of 73 properties, encompassing 38 million square feet, is worth over $29 billion.[4]

On September 21, 2015, Cadillac Fairview rebranded its shopping centre properties, adding the prefix “CF" in front of each shopping centre name and phasing out individual mall logos in favour of a standardized logo format and image campaign. According to Cadillac Fairview, this change was intended to "link the Corporation with a premium shopping experience in the minds of Canadian consumers".[5]

Properties

Among its Canadian assets are one New Brunswick property, six Quebec properties, twenty-five Ontario properties, two Manitoba properties, eight Alberta properties, and fourteen British Columbia properties.[4]

Notable properties managed by Cadillac Fairview, some co-owned with (or managed on behalf of) other investors, are listed below.

Property name Location Property type
Carrefour Laval Laval, Quebec Shopping centre
Champlain Place Dieppe, New Brunswick Shopping centre
Chinook Centre Calgary, Alberta Shopping centre
Fairview Mall Toronto (North York), Ontario Shopping centre
Fairview Park Kitchener, Ontario Shopping centre
Fairview Pointe-Claire Pointe-Claire, Quebec Shopping centre
Galeries d'Anjou Montreal (Anjou), Quebec Shopping centre
Lime Ridge Hamilton, Ontario Shopping centre
Market Mall Calgary, Alberta Shopping centre
Markville Shopping Centre Markham, Ontario Shopping centre
Masonville Place London, Ontario Shopping centre
Pacific Centre Vancouver, British Columbia Shopping centre and office towers
Polo Park Winnipeg, Manitoba Shopping centre
Promenades Saint-Bruno Saint-Bruno-de-Montarville, Quebec Shopping centre
Richmond Centre Richmond, British Columbia Shopping centre
Rideau Centre Ottawa, Ontario Shopping centre and office tower
Sherway Gardens Toronto (Etobicoke), Ontario Shopping centre
Shops at Don Mills Toronto, Ontario Shopping centre
Deloitte Tower Montreal, Quebec Office tower
Maple Leaf Square Toronto, Ontario Multi-use complex
RBC Centre Toronto, Ontario Office tower
Simcoe Place Toronto, Ontario Office tower with retail concourse
Toronto-Dominion Centre Toronto, Ontario Office complex with retail concourse
Toronto Eaton Centre Toronto, Ontario Shopping centre and office towers
Waterfront Station Vancouver, British Columbia Transportation facility
Windsor Station Montreal, Quebec Office and retail complex; former railway station

Notable former properties

Property name Location Property type
Erin Mills Town Centre Mississauga (Erin Mills), Ontario Shopping centre
Promenade Shopping Centre Thornhill, Ontario Shopping centre
Woodbine Centre Toronto , Etobicoke (Rexdale), Ontario Shopping centre

References


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