are Ziing Final Mile and GroundBreak Ventures – the former uses cutting-edge technology to solve complex logistical challenges, and the latter is a venture capital firm specializing in real estate and property technology. The technological backing of those two companies has helped propel the Hopewell Group to new heights. Collectively, Hopewell is now one of the most dynamic real estate and logistics groups in North America. In recent years, the Hopewell Group of Companies – and Hopewell Development in particular – has grown and evolved at a steady rate, and their reach has gradually expanded from Calgary to Vancouver, Edmonton, Winnipeg, Saskatoon, GTA and Southern Ontario. In the United States, they have also established a presence in Arizona, Nevada, and Texas. Within that growing zone of influence, Hopewell Development has successfully developed over 20 million square feet of industrial and commercial property, and they have an additional 18 million square feet in active projects. In years past, Hopewell Development focused roughly equally on industrial and commercial projects, but these days they focus primarily on industrial. Throughout their history, their goal has always been to evaluate individual markets they serve, determine what kind of projects those markets need, and then develop projects in order to meet those needs. For example, they recently moved into the Phoenix market, where they are focusing on multi-tenant spaces between 100,000 and 150,000 square feet – as those are the products in demand in that market. In Alberta, meanwhile, they are doing a lot of larger bay products, such as distribution centres, warehouses, and thirdparty logistics facilities – those buildings tend to be over 300,000 square feet in size and take place on lots of 100 acres or more. OCTOBER 2024
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