High Peak and NewWest merge to form McCOR
REMI

High Peak and NewWest merge to form McCOR

Tuesday, September 23, 2014

High Peak Group of Companies, based in Eastern Canada, and NewWest Enterprise Property Group, headquartered in Winnipeg, are joining forces to form McCOR Management.

The impending merger will create one of Canada’s largest privately owned real estate development and property management companies, forging a national platform to serve leading investors, property owners and tenants.

High Peak, a retail real estate development company and NewWest, a commercial real estate company will continue to accommodate smaller firms and sole proprietorships using their local expertise.

“We wanted to build a company that could compete at a national level while maintaining our hands-on approach,” says Luc Corneli, president and chief executive officer of High Peak. “As we grow our portfolio in Canada, we will continue to use our collective decades of industry experience in the areas we serve.”

McCOR’s areas of service include property and facility management, leasing and leasing administration, development, brokerage, and advisory services. The company will offer clients the opportunity to direct and manage all facets of their real estate portfolio, with a strong focus on increasing the value of real estate assets.

“The combination of High Peak’s retail redevelopment and repositioning expertise with NewWest’s commercial management capability expands the scope of our service offerings and sector knowledge,” said Doug McDonald, president and chief executive officer of NewWest. “It enables both companies to realize our joint vision of creating a national real estate services company that builds tangible value into every project.”