Seasoned industry veteran joins team
TORONTO, Ontario – August 3, 2021 – McCOR Management (East) Inc. along with CCI Corpfin Capital Inc. are pleased to announce the addition of Glenn Featherstone to our growing team in the position of Vice President – Development and Acquisitions, effective August 2, 2021.
Gord Wiebe, CEO and Principal, CCI Corpfin Capital states, “Glenn gives us the bench strength to service our capital and co-ownership partners with the kind of excellence in both creativity and execution to ensure both returns and positioning of retail acquisitions meet all our return thresholds at an institutional quality level.”
“Having worked with and watched the retail projects Glenn has been involved with over the years, I’m pleased to have someone with the skillset and vision that fits our development and acquisition culture,” says Luc Corneli, Principal and Founder, McCOR Management.
Glenn brings over 30 years of extensive experience in Commercial Real Estate from both a tenant and Landlord perspective. Most recently, Glenn handled 48 retail properties across major Canadian markets totalling over 14 million square feet, while Vice President Retail Leasing with Morguard Investments. During this time, he also developed and implemented property specific strategies designed to optimize market positioning and value which lead to the expansion and renovation of several properties across Canada including the introduction of the first H&M in Western Canada at Coquitlam Centre, Vancouver.
Having worked for Cineplex Odeon Corporation, Dylex Limited, Consumers Distributing and CIBC, Glenn was not only responsible for development and leasing for many locations across Canada but was also involved in negotiations in major metropolises in the United States.
Glenn has been a part of the Real Estate Council of Ontario as well as a speaker and member of various committees with the International Council of Shopping Centres and a frequent speaker and panelist for the Real Estate Forum. He has shared his knowledge by contributing articles to industry publications entitled “Measuring Customer Dispersion and the Impact of Marketing Activities” and “The Role of Business Strategies in the Development and Implementation of Retail Location Models”.
“I am delighted to join the McCor/CCI team. Luc and Gord’s approach to Real Estate is a work culture I have long admired,” says Featherstone. “I firmly believe that their approach to creating value through strategic asset management and targeted leasing strategies is the best formula for success in today’s real estate market. I look forward to contributing to the ongoing success of McCor/ CCI.”
McCOR, along with investment partner CCI Corpfin Capital Inc. have been industry leaders in repositioning a variety of assets across Canada using Value Add Management and Leasing.
For more information on development and acquisitions for McCOR Management or CCI Corpfin Capital, please contact:
Vice President – Development and Acquisitions, CCI Corpfin Capital Inc.
416 219 1924
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 CCI Corpfin Capital Inc.
CCI is an asset management service provider with its own proprietary funds that co-invest with selected clients and focus on value creation and opportunistic acquisitions of commercial real estate across Canada in all asset classes. For further information about CCI Corpfin Capital, visit www.corpfincapital.ca