Our Story - About our Commercial real estate services
Commercial Real Estate services are part of the Royal LePage story, which began with the founding of the company in 1913 by Albert Edward (A.E.) LePage.
By the 1920s, “Eddie,” as he was known, was a key advocate for organized real estate and helped to establish the Toronto Real Estate Board, bringing about industry standards for ethical conduct, service delivery and professional development.
In 1929, Eddie showed his media savvy in building a bungalow in a single day and later auctioning it for charity for a $2,500. By the 1940s and 50s he was beginning his foray into the commercial realm, first creating one of Toronto’s initial subdivisions and later forming a commercial real estate department to pursue land and industrial development, commercial construction and home building in and around Toronto.
Following Eddie’s retirement, A.E. LePage president Gordon Gray orchestrated one of the most complex real estate deals to date, assembling land in 1957 for the construction of the $125 million Toronto-Dominion Centre.
During the 1960s, buoyed by its success, the A.E. LePage company substantially expanded its commercial real estate brokerage. By the 1970s, A.E. LePage’s commercial offering was extended nationally, adding shopping centre consulting, property management and leasing to the suite of services.
In 1984, the A.E. LePage company merged with the real estate arm of Royal Trust to form Royal LePage (see About Royal LePage) making it the largest real estate brokerage in Canada. Then, in 1999, Royal LePage became a wholly owned subsidiary of Brascan Corporation (now Brookfield Asset Management.) The residential and commercial brokerage operations were then separately incorporated.
Through the early 2000s, Royal LePage Commercial Inc. grew to become Canada’s leading full-service commercial real estate firm with 520 employees. In 2005, Cushman & Wakefield Inc. acquired the license to operate Royal LePage Commercial Inc. During that time, commercial real estate sales practitioners have continue to operate within the Royal LePage network, defining themselves as dedicated commercial specialists.
Today, Commercial by Royal LePage has re-launched, building upon our commercial real estate history of excellence. Commercial by Royal LePage provides our commercial real estate brokers and sales practitioners with a suite of services for their marketing, promotional, networking, and professional development needs.
Our commercial real estate services are built upon the knowledge, experience and performance credibility of our dedicated Commercial practitioners. We support them with a full suite of tools and resources to help you find commercial properties that meet your needs and objectives.