|By Marketwired .||
|July 3, 2014 05:39 PM EDT||
MONTREAL, QUEBEC -- (Marketwired) -- 07/03/14 -- Trevor Blakely, President of Canstone Realty Advisors Inc, is pleased to announce the acquisition of the former Liberty Business Park in borough of Saint-Laurent, in Montreal to be renamed NEXUS 40-13 International Business Center, on behalf of institutional investors including HOOPP, Forgestone Capital and Canderel. Canderel has been appointed Property Manager to oversee the project and will be directly responsible for all operations and leasing functions.
NEXUS means the "central and most important place" which aptly defines this project. Located at the junction of Highways 40 and 13, NEXUS 40-13 is easily recognizable by its distinctive architecture and unsurpassed highway exposure and visibility. The 1.7 million sq. ft., 27-building portfolio is home to more than a dozen, high-profile, multinational tenants including Telus, Canon, Xerox, Nike, ABB, Abbott, AbbVie, Kraft, Siemens, GN Johnston, Carrier, Alstom, Johnson & Johnson, Valeant, and Shire.
Among the portfolio's many features are its unique offering of both existing office and industrial space as well as development land. Widely regarded as the gold standard of suburban business parks, Nexus 40-13 has something to offer to both large and small tenants looking for high quality space.
This significant Joint Venture investment by highly recognized and respected institutional investors signals a renewed confidence in Quebec's economy. "Canderel is proud to be at the center of this revival", said Jonathan Wener, Canderel's Chairman and CEO. "This is the premier Business Park in Montreal, not only because of the quality of the properties but also due to its strategic setting. It's location at the junction of Highways 40 and 13 offers our tenants quality accommodations with high visibility and easy access to major transportation links and Pierre Elliott Trudeau International Airport. The investment group is committed to maintaining and enhancing Nexus 40-13's stature with a variety of initiatives that will be announced in the coming months."
Created in 1960, HOOPP is the pension plan of choice for Ontario's hospital and community-based healthcare sector with over 470 participating employers. HOOPP's 286,000 members and pensioners include nurses, medical technicians, food services staff and laundry workers, and many other people who work hard to provide valued Ontario healthcare services. HOOPP has more than $51.6 billion in net assets and is fully funded.
Forgestone Capital Management is a private equity real estate venture focused on opportunistic development and income-producing properties within major markets across Canada. On behalf of its institutional and pension fund clients, Forgestone's investment objective is to achieve superior risk adjusted returns through a flexible strategy that capitalizes on opportunities through direct investment, while also leveraging its superior relationships to participate in select transactions with compatible joint venture partners.
The Canderel Group is comprised of several fully integrated, commercial real estate companies with its headquarters in Montreal and offices in Quebec City, Ottawa, Toronto, Edmonton and Vancouver. Since 1975, Canderel has grown to become one of the most successful real estate development and management organizations in Canada. The addition of NEXUS 40-13 brings the company's total management portfolio to approximately 20 million square feet in North America.
Canstone Realty Advisors Inc. is a boutique real estate advisory company representing institutional clients in acquisition and asset management services across all market sectors within Canada. Over the past 12 months, Canstone has completed in excess of $600 million of acquisitions, Joint Ventures and development projects on behalf of its clients.
Director, Public Affairs
Forgestone Capital Management
Chief Operating Officer
Senior Vice President
Canstone Realty Advisors Inc.
Entuity®, a provider of enterprise-class network management solutions, today announced that it solidifies its position as a market leader through global enterprise customer acquisitions and a refined channel strategy. In 2014, Entuity increased new license revenues in EMEA by over 75 percent, and LATAM by over 125 percent as customers embraced Entuity for its highly automated solution and unified architecture. Entuity’s refined channel strategy focuses on even deeper strategic alignment with ke...
Feb. 1, 2015 05:00 PM EST Reads: 869
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Feb. 1, 2015 04:15 PM EST Reads: 3,297
We are all here because we are sold on the transformative promise of The Cloud. But what good is all of this ephemeral, on-demand infrastructure if your usage doesn't actually improve the agility and speed of your business? How must Operations adapt in order to avoid stifling your Cloud initiative? In his session at DevOps Summit, Damon Edwards, co-founder and managing partner of the DTO Solutions, will highlight the successful organizational, process, and tooling patterns of high-performing c...
Feb. 1, 2015 04:15 PM EST Reads: 3,076
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the ...
Feb. 1, 2015 03:45 PM EST Reads: 3,203
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 1, 2015 02:45 PM EST Reads: 2,654
At 15th Cloud Expo, Shrikant Pattathil, Executive Vice President at Harbinger Systems, demos a video delivery platform that helps you do interactive videos. He discusses how Harbinger is accomplishing it in the cloud world, the problems they faced and the choices they made to get around these problems.
Feb. 1, 2015 02:45 PM EST Reads: 1,785
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 1, 2015 02:30 PM EST Reads: 2,810
AppDynamics, the application intelligence leader for software-defined businesses, announced the general availability of the AppDynamics Fall '14 Release. Serving the combined needs of IT and business teams across the enterprise, the latest release provides a comprehensive view across all aspects of digital performance in ultra large scale deployments. AppDynamics delivers Application Intelligence by building out advanced capabilities across the key areas of analytics, unified monitoring and D...
Feb. 1, 2015 02:00 PM EST Reads: 2,119
CloudBees, Inc., has announced a $23.5 million financing round, led by longtime CloudBees investor Lightspeed Venture Partners. Existing investors Matrix Partners, Verizon Ventures and Blue Cloud Ventures also participated in the round. The latest funding announcement follows earlier rounds of $4 million, $10.5 million and $10.8 million, bringing the total investment in CloudBees to just under $50 million since the company’s inception in 2010. Previous venture investment rounds were led by Ma...
Feb. 1, 2015 02:00 PM EST Reads: 1,094
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the tec...
Feb. 1, 2015 01:45 PM EST Reads: 2,489
We’re no longer looking to the future for the IoT wave. It’s no longer a distant dream but a reality that has arrived. It’s now time to make sure the industry is in alignment to meet the IoT growing pains – cooperate and collaborate as well as innovate. In his session at @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, will examine the key ingredients to IoT success and identify solutions to challenges the industry is facing. The deep industry expertise be...
Feb. 1, 2015 01:45 PM EST Reads: 2,024
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
Feb. 1, 2015 01:30 PM EST Reads: 2,391
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Feb. 1, 2015 01:15 PM EST Reads: 2,809
Amazon, Google and Facebook are household names in part because of their mastery of Big Data. But what about organizations without billions of dollars to spend on Big Data tools - how can they extract value from their data? In his session at 6th Big Data Expo®, Ali Ghodsi, Co-Founder and Head of Engineering at Databricks, discussed how the zero management cost and scalability of the cloud is addressing the challenges and pain points that data engineers face when working with Big Data. He also s...
Feb. 1, 2015 01:00 PM EST Reads: 2,591
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, ...
Feb. 1, 2015 01:00 PM EST Reads: 3,054