Construction Today - March 2011 - (Page 74)

Commercial | Retail Developers in Ontario | BAYFIELD REALTY ADVISORS INC. Strong Investments W BAYFIELD REALTY ADVISORS ADDS TO ITS PORTFOLIO OF COMMERCIAL HOLDINGS. BY JIM HARRIS ith retail development in Ontario and elsewhere in Canada beginning to rebound after the global recession, Bayfield Realty Advisors Inc. has a goal to double the size of its already impressive asset portfolio. The Toronto-based company specializes in acquiring and managing shopping centers and commercial property on behalf of institutional and private clients, President Harold Spring says. The company redevelops properties as well as builds new sites. “We look for locations where we think commercial and retail developments will prosper and avoid secondary markets as much as possible,” Spring adds. “On the redevelopment side, we look for existing properties where we can add value by redeveloping and changing the tenant mix.” Bayfield manages a total leasable area of 3.2 million square feet throughout Canada, including a number of properties in its home province, where development is beginning to rebound after reaching a standstill during the 2008 recession. “Up until the latter half of last year, there was virtually no retail construction in Ontario other than what had already been planned and leased,” Spring says. “Now, with a lot of U.S. retailers expanding into Canada and our local chains doing well again, construction is getting back to a reasonable rate.” Bayfield Realty Advisors manages commercial properties throughout Canada. « Bayfield Realty Advisors Inc. O NTARI • Revenues: More than $70 million • Headquarters: Toronto • Employees: 12 • Specialty: Commercial asset management and development O O O O FO CUS “All of our key people have a minimum of 10 to 15 years of experience.” –Harold Spring, president velopment projects. The company has a close relationship with Ron Clark and Associates Inc., a retail, commercial and office construction firm with offices in British Columbia, Alberta and Ontario. “We have a relationship Partnerships in Action Bayfield’s project management division works with general contractors and construction managers on new construction and site rede- 74 CONSTRUCTION-TODAY.COM MARCH 2011 http://www.CONSTRUCTION-TODAY.COM

Table of Contents for the Digital Edition of Construction Today - March 2011

Construction Today - March 2011
Table of Contents
Social Media
Exploring BIM
Best Practices
Urban Construction
Building Growth
Bermúdez, Longo, Díaz-Massó (BLDM), S.E.
Wadman Corp.
Universal Builders Supply Inc.
Harold O’Shea Builders
Ralph L. Wadsworth Construction Co. LLC
Hudspeth & Associates Inc.
Dana B. Kenyon Co. – Florida State College at Jacksonville
Kaback Enterprises
Hyder Construction
On Site Management Inc.
Retail Developers in Ontario
Morguard Investments Ltd. – Bramalea City Centre and Expansion
Ivanhoe Cambridge Inc.
Bayfield Realty Advisors Inc.
Rudolph and Sletten
Collavino Construction Co. Inc. – One World Trade Center
MW Builders – Fort Leonard Wood AIT Barracks, Phase 1
Thor Construction
Weir Welding Co.
JE Dunn Construction Co. – Woman’s Hospital
Manhattan Kraft Construction Co. – Sarasota Police Department Headquarters
P.J. Hoerr Inc. – Advocate BroMenn Medical Center
Poettker Construction – Watterson Towers Renovations
Merit Kitchens
BBL Builders – Columbia Parc at the Bayou District
Reliable Builders Inc.
Joe Hall Roofing
ECM International Inc.
Branch Highways Inc.
GCC America Inc.
HOK: NOAA Pacific Regional Center
Last Look

Construction Today - March 2011