Commercial

There’s no doubt that the real estate market in North America is in a slump, but there are areas of respite for developers who are sufficiently diversified. As the only commercial real estate company listed in the Fortune 500 and the owner of the largest property management portfolio of any brokerage company in North America, it’s safe to say that CB Richard Ellis (CBRE) falls into that category of developers.

When it comes to the success of commercial masonry contractor WASCO Inc., one thing in particular has brought it to the forefront of the Southeast construction industry: customer service. Vice President of Business Development David Masterson explains that WASCO has established itself as a leader by servicing its clients, understanding their needs and providing them with a quality project on time. 

Stuart Olson Dominion is on the cusp of celebrating its 100th anniversary. As one of western Canada’s oldest and lar­gest construction companies, the oper­ation is no stranger to change – there has been a lot of it in the industry over the past century. However, as the years tick by, Stuart Olson Dominion remains constant in its approach to provide quality construction services in construction management, design/build and general contracting for private and public clients in a variety of sectors.

So how does a developer in Garden City, N.Y., end up building malls in Poland? It’s who you know. “One of my vice presidents’ brothers was involved in buying power plants all over Eastern Europe,” Chairman Vincent Polimeni recalls. One of his customers had land on a parkway he wanted to develop. “He wanted to put a shopping center there and he had no idea how to do it.”

Established in 2002 as a locally owned and operated trading and contracting company, Horizon Arabia Trading and Contracting LLC has grown to become one of Doha, Qatar’s most recognized and re­spected construction companies. In 2005, the company created Horizon Arabia Group to set an international industrial standard of building excellence.

When Horace B. Deal founded H.B. Deal & Co. Inc. in 1922, he created a family owned company. After his retirement, his sons Bill and Clarence started H.B. Deal Cons­truc­tion Inc. and ran the company until their re­tire­ment in 1978. H.B.D. Contracting Inc. was then started by longtime employees Daniel O’Keefe Jr., Russell Shilt and Melvin Schaefer, who ran the company until 2004, when Michael Perry, Brian Kowert and Daniel O’Keefe III formed H.B.D. Construction, which harkens back to Deal’s original idea of a family owned company.

There are several well-known cities in Canada that have gained international recognition – Toronto, Montreal and Vancouver to name a few. But the country is rich with many others that also have unique experiences and culture to offer. Ottawa is the capital city of Canada and the province’s second largest city, and construction giant EllisDon Corp. describes it as having “the heart of a small town but with big city projects.”  

Green building is becoming more popular, especially in cities like Madison, Wis., which has the state capitol and the state university within its borders. To convert The Depot –an 83-unit apartment complex in Madison – into a “green” structure, its owners decided to include a solar hot water heating system after the complex had been designed initially.

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