In its cumulative business history, North American Development Group (“NADG”) has been active in the development, acquisition, redevelopment and management of over 200 shopping centers, mixed-use and residential developments comprising well over 35 million square feet across Canada and the United States.
Currently, NADG has over $4.5 Billion of AUM and owns over 25 million square feet of shopping center and mixed-use space in the United States and Canada, as well as over a dozen residential land development projects consisting of over 9,000 units in various stages of development or pre-development. A future pipeline of over 1,600 acres of land slated for mixed-use, residential and retail development is also owned by North American Development Group.
NADG’s team of over 230 first class professionals are located in 11 offices across North America, 6 in Canada and 5 in the United States. The Company is headquartered in Toronto, Ontario with Canadian offices in Montreal, Ottawa, Edmonton, Kelowna and Halifax. In the United States, NADG’s head office is in West Palm Beach, Florida with regional offices in Dallas, Atlanta, Phoenix and Nashville.
NADG has raised, sponsored and participated in over $1 Billion of real estate funds and investment vehicles, utilizing investment criteria for core, opportunistic, land development and NNN real estate projects. NADG continues to thoughtfully invest through multiple current funds with diversified investment philosophies. In addition, NADG continues to partner with and invest alongside some of North America’s leading Institutional Investors. Since 2010, NADG has acquired over 50 mixed-use properties comprising over 7 million square feet of existing or to be developed space.
NADG established its leasing and property management company, Centrecorp, in 1991 as a fully integrated and diversified stand- alone real estate services company specializing in the shopping center sector. Centrecorp was established to provide the marketplace with a leasing and property management company that has an entrepreneurial and ownership philosophy. Centrecorp has grown to become one of the premier retail service providers in North America. The Company is actively involved in all aspects of management, leasing, remerchandising and development and currently manages and administers over 156 properties, comprising more than 25 million square feet of gross leasable area of retail and commercial space in either existing or under various stages of development.