Panattoni Development Company

PANATTONI DEVELOPMENT company to construct their buildings as cost-effectively as possible, and that cost- efficiency is reflected in the company’s competitive pricing. Examples of those partners include BlueTec Construction and Automated Fire Protection Systems, both companies with many years’ experience and sterling reputations in the region. Then there’s the real estate community – Michael says Panattoni’s relationship with those partners are equally critical to the company’s success. “If there’s a land site for sale, we want to be the first group to have an opportunity to purchase it,” he explains. “With our strong relationships, that very often is the case.” He credits the strength of those relationships to the fact that the company is privately-owned, which means they can be fast- acting and efficient. They can commence development on the property sooner than their larger competitors and they can turn around agreements, whether they are sales or leases, very quickly. “We’re able to give confidence to the brokerage community,” Michael says. “They know that with us they will be receiving efficient, effective, and reliable feedback that they can provide to their clients. And they can be assured that what we’re saying can be achieved.” Lastly, and relatedly, Panattoni Canada also has forged strong relationships with municipalities. Receiving building permits can be the most challenging and time- consuming part of what a developer does, but Panattoni has earned a lot of credibility and trust in the regions they work, which tends to speed that process along. “Municipalities have a high degree of trust in us,” Michael says. “They know we’re going to be complete our obligations properly, that we’re going to build institutional quality facilities, and they know they’re going to have good tenants, which means a good ongoing tax base for the city.” “We’ve worked hard to build that reputation and foster those relationships,” he adds. “That’s been very beneficial.”