Oxford's Hutcheson honoured as Icon in Canadian real estate

When BOMA Ottawa had to choose an iconic real estate speaker for its inaugural Icons of the Industry event, Blake Hutcheson of Oxford Properties Group would have made everyone's A-list.
Speaking Thursday at the $500 a table lunch-hour event at the Westin Ottawa, Oxford's president and CEO held real estate industry professionals spellbound.
When this Canadian real estate guru speaks, people listen as his advice could be worth much more than the price of admission.
“It was an honour to be asked here and I'm not sure what this word icon means, but there are a lot of local people who have probably earned the right a lot more than I have to in that category,” Hutcheson said, adding that Ottawa has its share of high-profile real estate names.
“Clearly this is (Robert) Campeau's town. That was an icon. And a very impressive run he had in the real estate business. The Greenbergs are one of the most respected real estate names in the country. And there are lots of icons in this town.”
Hutcheson's habit of taking what he touches and turning it into a highly profitable enterprise clearly puts him in that category, too.
Currently, he is responsible for leading Oxford Properties Group, establishing its long-term direction and executing its global business plan.
Before Oxford, Hutcheson spent three years as head of Global Real Estate with Mount Kellett Capital Management, a New York private equity firm with offices around the world.
Head of CB Richard Ellis Canada
In Canada, he is best known for his time at Oxford and his 14 years at CB Richard Ellis in Toronto, serving as its president for Canadian, Latin American and Mexican operations for the final decade.
“I've been asked to share some of my path in real estate,” Hutcheson said, reflecting on his career. “I think Lester Pearson put it best when he said every state of one's life is in preparation for the next.”
Hutcheson spoke at the BOMA event about how Oxford has been transformed from a $15 billion to a $22 billion enterprise since he took over as its CEO.
One of the company's strategies includes focusing its foreign investments in markets such as the U.K. and a new European market, he said.
“We are big believers in London, mainly because it is the most liquid market in the world.”
While others are preparing to spend billions in Asia and South America, Hutcheson said Oxford won't be joining them in a big way.
“We are not going into Central and South America at this point – and into Mexico. We think it has had a pretty good run-up. And we are not going into Asia or India at this point.”
Event organizers from BOMA Ottawa were thrilled Hutcheson accepted their invitation.
“This event was meant to be a celebration of our industry. We felt that Blake Hutcheson was a great choice for our first Icon of the Industry recognition as his industry contributions, charisma, and history make him an example of the quality of people this industry attracts, and we think his story can inspire others,” said Dean Karakasis, executive director, BOMA Ottawa.
BOMA honours Ottawa volunteers
Meanwhile, BOMA Ottawa's Volunteer of the Year Award was presented to Scott Craven of Colonnade Management. Craven was recognized for his efforts in organizing the annual BOMA Ottawa Fall Golf Tournament and for making the 2012 BOMEX Tournament one of the most successful in years.
“His dedication to BOMA and its members in committee work, as well as great Industry Ambassador makes him a natural for this award,” said Karakasis.
BOMA Ottawa also handed out the M. Patrick Gillin President's Award to recognize long-term and continuous achievement for an individual's contribution to the success of the association.
“We could easily say the 2013 recipient Bob Perkins of The Taggart Group easily met the criteria of participating in activities that result in the association garnering great public recognition, worked for the betterment of BOMA Canada and who spearheads advocacy projects while year-after-year devoting time to the benefit of the association,” Karakasis said.
“Bob has been a member of many BOMA committees, including membership, marketing, government affairs, to name just a few. He has been a member of the board of directors longer than anyone as he begins his 12th year, including a two-year term as president as well as being a board member of BOMA Canada. His biggest project was serving as chair of BOMEX in 2012 which was very successful and he was the creative force behind the Icons of the Industry Lunch.”
Karakasis said the organization hopes to make the Icons of the Industry luncheon an annual event to celebrate excellence of people in the industry.
Learn more about Oxford Properties in an up and coming issue of Property Biz Canada. Sign up here.



Ann launched RENX in 2001 as a part-time venture and has grown the publication to become a primary source of online news for the Canadian real estate industry. Prior to…

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Ann launched RENX in 2001 as a part-time venture and has grown the publication to become a primary source of online news for the Canadian real estate industry. Prior to…

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