Colonnade BridgePort has added 2.3 million square feet of Southwestern Ontario commercial real estate assets under management.

Fiera Real Estate awarded property management mandates for 21 industrial buildings and one retail plaza in Burlington, Brantford and Brampton to Colonnade.

“We have a long-standing relationship with Fiera Real Estate and we appreciate that they continue to entrust us with the management of their properties,” said Ron Matheson, Ottawa-based Colonnade’s senior vice-president of real estate management services, in a news release.

The Burlington portfolio comprises six industrial-flex buildings that comprise 250,000 square feet and have 50 tenants. The Brantford assets consist of 11 buildings, about 1.3 million square feet of big-box industrial properties and the retail property, which serves 23 tenants.

In Brampton, Colonnade will manage the newly constructed Heart Lake Business Park, which comprises five class A industrial buildings with 750,000 square feet of space. Tenants are being onboarded throughout the rest of 2023.