OTTAWA — Cdnglobal has announced its expansion into the Ottawa commercial real estate market.
As part of the venture, Decathlon Commercial Realty will operate as Cdnglobal (Ottawa). The new operations will be led by commercial real estate veteran Philip Zunder, who will serve as president and broker of record of Cdnglobal (Ottawa) Ltd.
The firm is immediately hiring commercial, industrial and retail experts.
Zunder has been active in the Ottawa commercial real estate market for almost 40 years, stated a release.
His portfolio includes the disposition of office, mixed-use, retail and industrial properties, hotels, retirement homes, apartment buildings and vacant development lands.
“In 2021, the Ottawa region experienced historic real estate investments with $3.3 billion in registered transactions, of which more than half were in the multi-family and office sectors. I’m looking forward to leveraging the anticipated continued growth in Ottawa with the Cdnglobal broker network,” stated Zunder in the release.