Dan Bates wants the world to know about Binswanger Hectare, his boutique commercial real estate brokerage based in Mississauga, Ont.
Bates, broker of record and president, bought Hectare Commercial Realty in 2003, growing the company from five people to 15. In 2010, the company took on an international affiliation with Binswanger to become Binswanger Hectare.
“Our strength is that we’re not a big broker, nor do we want to be. We’re boutique sized, with international presence. Our Binswanger affiliation means we have a global reach,” Bates says. “We flew under the radar. Now we’re telling people who we are.”
Binswanger is an international real estate organization headquartered in Philadelphia. It has more than 150 offices worldwide, including in the United States, Brazil, France and Japan, and provides a range of services to corporate and institutional clients globally, the company website says.
Bates bought Hectare Realty from Tom Murray, who remains with the company as a vice-president. Office manager Debbie Zdrilich and Kevin Brennan, now executive vice-president of Binswanger Hectare, also chose to stay when Bates took over the reins.
“I think it says a lot when people stay under new ownership. They’re all good employees and I like to think I’m fair,” Bates says.
The office also includes Bates’ nephew, Bill Bates, who specializes in transportation and logistics properties. The team of vice-president Jim Jacobsen and broker Ashley Shaw specialize in Brampton. Vice-president Jason Vance is teamed with Kevin Brennan. Vice-president Daniel Iannitto, office manager Diana Logan and sales representatives Oliver Rathbun, Grant Fisher and Vince Cavallo round out the office.
Binswanger Hectare provides international services with opinion of value reports, sales and leaseback and industrial and commercial sales and leasing.
The commercial business handles office, industrial and retail transactions of all sizes. “We pride ourselves as being deal makers, accommodating and assisting other agents to get their deal done,” Bates says.
Although relatively small in numbers, the affiliation with Binswanger levels the playing field. Being a smaller company has another benefit – in large brokerages, agents compete with each other, Bates says. “We work with each other.”
For more information: 905-624-4455 or www.binswangerhectare.com.
