Nearctic Industrial Real Estate Investment Trust was formed by Nearctic Property Group in April 2023 to be a multi-generational, geographical, and tenanted “A” class, urban industrial and warehouse real estate investment with intentions to grow to $1B in real property assets across Canada. NI REIT was specifically launched under a structure designed for growth. An independent Board of Trustees was appointed to provide insight and governance, and work with management to deliver targeted results.
Nearctic Property Group is a real estate development and property management firm headquartered in Edmonton, Alberta with offices in Edmonton and Calgary. Over the course of 40 years, Nearctic developed a core competency for identifying, executing and profiting on a wide range of real estate opportunities. It developed industry-leading skills to productively address structural and maintenance issues and provide best-in-class property management, while also delivering innovative marketing and leasing strategies. Nearctic Property Group built a successful income producing portfolio, an in-house management business, and a vertically integrated construction, technical services, and accounting real estate investment management platform. Today, Nearctic Property Group owns and manages a portfolio of retail, office and industrial properties and enjoys established relationships with almost 1,000 customers, suppliers, lenders, and investors.
Sean joined Nearctic Property Group as Chief Operating Officer in 2019 with a 37-year track record in the real estate investment management business. Sean developed a diverse business perspective and set of competencies having worked with both large national public entities as well as private entrepreneurial organizations. He is an outcome oriented real estate operations executive skilled in leadership, leasing, construction, acquisitions, development, finance and asset management of a wide range of property types including apartments, office, retail, and industrial properties. Sean was appointed President of Nearctic Property Group in September 2021.
Craig joined Nearctic as Vice President, Asset Management in 2022. Craig brings over 13 years of asset management experience covering major Canadian markets. Prior to joining Nearctic, Craig has been responsible for successfully overseeing institutional and private portfolios over 1.6M sf and has been a lead underwriter on over $1 billion in real estate transactions. He also brings extensive experience in mortgage financing, development and real estate technology and innovation. Craig’s diligent focus and value-add approach serve as a motivator for him and his team and produce exceptional results for the real estate.
Leeann joined Nearctic in 2022 with over 16 years of experience working in finance and accounting, with most of her tenure in a management role and a focus on IFRS. Leeann obtained her Bachelor of Science, Bachelor of Commerce and MBA from the University of Alberta and received her CA, CPA designation in 2010. She has a proven track record of leading and creating teams to achieve operational success through strong finance data platforms founded on robust governance frameworks.
Sean joined Nearctic Property Group as Chief Operating Officer in 2019 with a 35-year track record in real estate business. Sean developed a diverse business perspective and set of competencies having worked with large national public entities and private entrepreneurial organizations. He is an executive skilled in Leadership, Leasing, Construction, Acquisitions, Development, Finance, and Asset Management in a wide range of property types including apartments, office, retail and industrial properties.
David has a proven track record of over 40 years in Western Canada as a developer and manager of multi-family homes, rental apartments, and a number of industrial, commercial and retail properties. Throughout, he has navigated Alberta’s dynamic economic environment with financial stability and consistently positive outcomes. Results – a present portfolio with well over 1 million square feet of commercial, industrial and residential real estate, currently valued in excess of $120 million. His success over the past 40 years has been built on a foundation of carefully selected quality real estate and professional property management.
NI REIT’s Management Team and Board of Trustees are committed to ensuring that Environmental, Social, and Governance (ESG) considerations are an integral part of our core decision-making process. NI REIT has identified ESG as a key component of its long-term investment strategy and is committed to making it a focal point in establishing a company-wide ESG-minded culture. ESG aligns with our vision to create a leading management platform and investment vehicle, focused on building value for our investors and community.
