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Skyscrapers loom over a flagpole carrying the Canadian flag in the financial district in Toronto in this file photo.
Skyscrapers loom over a flagpole carrying the Canadian flag in the financial district in Toronto in this file photo.
(Mark Blinch/REUTERS)

Crestpoint doubles its real estate portfolio size

Crestpoint Real Estate Investments Ltd. doubled the size of its portfolio in 2013 to about $600-million, scooping up three office buildings, a retail plaza and an industrial site towards the end of the year.

The commercial real estate manager was created a little more than three years ago as part of Connor, Clark & Lunn Financial Group. It was founded by Kevin Leon, who had been a managing director in the real estate investment banking group at CIBC, where he worked for roughly a decade following several years at CB Richard Ellis Ltd.