Colliers International has hired Jane Domenico as senior vice-president and national lead, retail services, in its real estate management services division.
Domenico, the former president and CEO of Partners REIT, will be responsible for the strategic growth plan of Colliers’ retail portfolio and retail asset advisory services.
“The depth of Jane’s retail experience on behalf of investors in Canada is unparalleled. She understands how retail works and how it is rapidly evolving,” said John Duda, the president of real estate management services in Canada, in a release. “Under Jane’s leadership, we are enhancing our service offering to retail investors to respond to these evolving trends affecting retail real estate.”
Domenico joins Colliers with over 20 years of property and portfolio management, asset management, and investment management experience. In her most recent role at Partners, she oversaw a portfolio of retail and mixed-use retail community and neighbourhood centres across Canada.
In her new role, Domenico will provide leadership and guidance to retail teams across Canada. She will also lead the retail platform for Colliers Canada to provide innovative and value-added solutions to its clients.
Domenico will be based in the downtown Toronto office.
MacKenzie JLL’s Canadian markets head
JLL has appointed Alan MacKenzie CEO of its Canadian Markets division. MacKenzie will be responsible for developing JLL Canada’s business strategy, driving revenue, client service, and partnering in the Americas and globally.
Based in Toronto, he will lead the business and its adoption of new technologies across Canada.
“This is an exciting hire for both Canada and all of the Americas business,” said John Gates, JLL’s CEO of Americas markets. “There is great potential in the Canadian market, and with Alan’s strong, proven leadership, we’ll continue to build on our business and digital leadership across the region.”
Bringing more than 30 years of experience, MacKenzie joins JLL from Triovest Realty Advisors, a real estate advisory and investment firm with over $10 billion in assets under management. In addition to his three-year tenure as president, MacKenzie also held the roles of chief investment officer and chief operations officer.
He started his career as a broker at CBRE.
“I look forward to growing JLL’s current business, expanding into new verticals and focusing on delivering high-end products to our new and future client base,” said MacKenzie in a prepared statement. “I am impressed by JLL’s investment in technology and innovation, and I look forward to leading the company’s future advancements in this field.”
Retail leasing hirings at JLL
JLL also announced the hirings of Brandon Gorman and Graham Smith to enhance its retail agency leasing capabilities. Gorman and Smith join the firm as senior vice-presidents from Cushman & Wakefield and will report to Tim Sanderson in JLL’s retail division in Canada.
“Brandon and Graham are outstanding additions to our team and will play an instrumental role in growing our business and expanding our relationships,” Sanderson said in announcing the hirings. “Brandon and Graham will lead our retail agency leasing business and I look forward to them growing the team.”
Gorman and Smith each bring over a decade of urban retail experience to JLL. Both are members of Toronto’s major retail real estate associations and have worked with some of Canada’s largest and most respected landlords and tenants over the past 12 years.
Ivanhoe Cambridge adds Masotti
Michael Masotti has become senior director of industrial leasing in North America at Ivanhoe Cambridge.
The company has placed major emphasis on the industrial asset class, planning during the next few years to increase the segment from 11 to 20 per cent of its assets under management. Currently, Ivanhoe Cambridge has about $65 billion in AUM.
“I will be responsible for facilitating execution of leasing across North America and I can’t think of a more exciting time to be joining the team,” Masotti said in a LinkedIn posting.
Masotti joins Ivanhoe Cambridge after spending seven years at Devencore. He spent the past year-and-a-half as an associate vice-president at its Toronto office after starting as a corporate real estate advisor and sales rep.
In 2017, he was a nominee for the young professional of the year award by the Society of Industrial & Office Realtors (Canada Central Chapter).
Govan Brown promotes Kirk to president
Joseph Kirk has been named president of construction management firm Govan Brown, taking the leadership role from the company’s senior partners, Ralph Govan, John Brown and Jon Taylor.
Kirk has nearly 20 years of experience in operational optimization, customer relationship management, business development and change management strategies. He has spent the last five years helping drive Toronto-based Govan Brown’s corporate strategy, client relationships, business development and strategic growth.
“Joe is a trusted leader and creative thinker who has consistently helped Govan Brown evolve and expand our business,” says Brown, Govan Brown Group’s co-chairman.
“He is integral to the culture we have here at Govan Brown and will undoubtedly continue to inspire our team and our clients with his signature pragmatism and leadership.”
Brown and Taylor remain with the company, continuing to oversee the firm’s business development and overall client relationships. Govan retired in 2018.
Hann resigns from CIB
Barely 10 months after being named its head of investments, longtime industry professional Nicholas Hann has stepped down from the position at the Canada Infrastructure Bank.
Hann was named to the position in October and was expected to draw on his 25 years of experience in structuring and financing major infrastructure projects around the world to assist CIB in its investments.
Hann’s experience in Canada included advising TransLink on the Canada Line rapid transit project, which connects Richmond and Vancouver to the Vancouver airport.
No replacement has been named.