Remington Development

What Remington Development does

Remington Development Corporation is a privately held, family-controlled commercial real estate developer and asset manager headquartered in Calgary, Alberta, Canada. The company develops, owns, and manages a portfolio spanning office, industrial, retail, residential, and mixed-use properties, with additional in-house capabilities in land development, design-build construction, brownfield redevelopment, and long-term property management. It serves enterprise and institutional tenants across Western Canada and, since 2024, in the United States, with named anchor relationships including Nutrien, Imperial Oil, TC Energy, Worley, Amazon, FedEx, Schneider Electric, Cascades, Hexagon, Fountain Tire, Benevity, CMG, and Richelieu Hardware. Leadership is held under Chairman Randy Remington and SVP Ryan Remington.

The company's vertically integrated model covers site acquisition, master planning, design, construction, leasing, and ongoing asset management, with a 101-250 person team that has delivered 200+ projects over 20 years, including 8 brownfield redevelopments. Remington pioneered pre-cast concrete construction in Western Canada in the early 1990s and continues to differentiate on sustainability, holding multiple LEED Gold and Zero Carbon certifications across the portfolio, including on the Calgary Cancer Centre project. Revenue is generated through a mix of recurring rental income on multi-million sq ft of owned assets (industrial at ~$2.95-$3.83/sq ft, office at ~$26.95-$55/sq ft, retail at ~$11.22/sq ft), design-build contract revenue, development fees, and property management fees; the company is private and does not disclose financials.

Recent strategic activity has centered on geographic expansion into the U.S. via Remington Charleston Corporation (a 140,000 sq ft TC Energy-anchored office in Charleston, WV), product-line diversification into healthcare real estate through the Quarry Park Health Campus (targeted Q3 2027), a residential for-lease and management offering through BrightStar Properties, and continued build-out of the Quarry Park and Discovery Business Park master-planned communities.

Name

Remington Development

Legal name

Remington Development Corporation

Website

https://remingtoncorp.com

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Remington Development Corporation is a Calgary-based, family-controlled real estate developer and asset manager delivering office, industrial, retail, residential, and mixed-use projects across Western Canada and the United States.

Ownership category

akta.pro rank

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Commercial Office Leasing: Remington Development leases office space to tenants ranging from private businesses to Fortune 500 corporations. Revenue is generated through commercial leases with rental rates per square foot, operating costs, and taxes.
2. Industrial Leasing: Industrial warehouse and distribution facility leasing with rental rates, operating costs, and long-term lease agreements for manufacturing, logistics, and distribution companies.
3. Retail Leasing: Retail space leasing including inline retail, restaurants, and convenience retail with drive-through capabilities in mixed-use developments.
4. Land Sales and Leasing: Sale and lease of development land parcels for industrial, commercial, and mixed-use development, with flexible lot sizes from 1.37 acres to over 400 acres.
5. Residential Development: Integrated residential development including custom penthouses, premium rental apartments, townhomes, and condominiums. Alberta's first pre-cast multi-family residential project (Champagne) constructed by Remington.
6. Design-Build Services: Custom design-build services for offices, labs, manufacturing facilities and retail, providing turn-key development solutions for tenants requiring expedited or customized facilities.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels4 records

Core offering

No source content was provided in the input to describe the core offering.

Product overview

Remington Development Corporation is an integrated real estate development company offering a portfolio of commercial, industrial, retail, and residential properties across Alberta and into the United States. The company's core offerings include office leasing (Quarry Crossing, Meredith Block, Quarry Park Health Campus, Westwinds Business Campus), industrial leasing (Frontier Distribution Centre, Symmetry Industrial, Discovery Centre IV-VIII, Tower ONE), land development (Discovery Business Park, Tower Industrial Park), retail leasing (Meredith Block Retail, Rangewinds, Blume Retail, Discovery Crossing), design-build services, and residential development (deVille, Blume, Calais Villas, Gatestone, The Gates, Champagne, The Quarters). The company pioneered pre-cast construction techniques in the early 90s and was Alberta's first private developer to achieve LEED Gold certification. Services span from site selection and land acquisition through architectural/engineering services, construction, interior design, and property management.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Over 200 projects completed in past 20 years
• +4 more outcomes

Named customers12 records

Segments5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core, minor and flagship.

• Prostate Cancer CentrecoreStrategic or Co-development Partner · 1 January 2008Remington Charity Golf Classic in support of Prostate Cancer Centre. Over $3.6 million raised since the event's inception in 2008. This is Remington's signature charitable initiative.
• YMCAcoreStrategic or Co-development PartnerTitle sponsorship of the YMCA's Quarry Park Recreation Facility and City of Calgary Public Library. The Remington YMCA in Quarry Park contributes to health and wellness of individuals and families across a broad spectrum of economic backgrounds.
• Various Non-profit OrganizationsminorStrategic or Co-development PartnerSupports numerous non-profit organizations including Alberta Adolescent Recovery Centre, E4C, Alberta Cancer Foundation, Brown Bagging for Calgary Kids, Cerebral Palsy Association in Alberta, Alberta Children's Hospital, Canadian Cancer Society, Multiple Sclerosis Society of Canada, KidSport, Kids Cancer Care, JDRF, SAIT, the Kidney Foundation and many more.
• TC EnergyflagshipChannel Partner/ Reseller/ DistributorTC Energy is the tenant for the 140,000 sq ft office building being constructed by Remington Charleston Corporation in downtown Charleston, West Virginia. The building is 100% leased to TC Energy and will be home to over 450 employees. Expected completion November 1, 2026.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Morguard: Canadian real estate company owning, developing, and managing a diversified portfolio of office, industrial, retail, and multi-suite residential properties. Comparable as a private-ish, multi-asset Canadian commercial real estate owner-developer with a similar business mix to Remington.
• RioCan REIT: One of Canada's largest REITs focused on retail-focused, mixed-use, and increasingly industrial and residential developments. Comparable as a Canadian commercial real estate owner/developer with retail leasing operations and a growing focus on diversification into industrial and residential, similar to Remington's multi-asset strategy.
• Triovest Realty Advisors: Canadian commercial real estate investment, management, and development firm focused on office, industrial, retail, and mixed-use properties. Comparable to Remington as a privately held Canadian commercial real estate firm operating across multiple asset classes in Western Canada.
• SmartCentres REIT: Canadian REIT developing and operating retail, industrial, residential, office, and self-storage properties with a focus on mixed-use communities. Comparable for Remington's integrated retail/industrial/residential development model and master-planned community approach.
• First Capital REIT: Canadian REIT focused on grocery-anchored, mixed-use urban and suburban real estate. Comparable to Remington's retail leasing operations and mixed-use development approach, particularly in retail within integrated communities like Quarry Park.
• Dream Industrial REIT: Canadian REIT focused on owning, developing, and acquiring industrial properties across Canada and Europe. Comparable for Remington's industrial leasing and development business, particularly the Discovery Business Park distribution/logistics product in the Edmonton corridor.

Broad incumbents

• Brookfield Property Group: One of the world's largest commercial real estate owners, operators, and developers with significant office, industrial, retail, and multifamily holdings globally. Comparable as a large-scale integrated real estate developer and landlord serving enterprise tenants, though at materially greater scale and geographic reach than Remington.
• QuadReal Property Group: Global real estate investment, development, and operating company owned by British Columbia's pension plan, with significant Canadian office, industrial, retail, and residential holdings. Comparable as a large integrated Canadian real estate developer and landlord serving enterprise tenants.
• Cadillac Fairview: Major Canadian commercial real estate company owning and operating office, retail, and mixed-use properties across the country. Comparable as a Canadian office-led developer and landlord with an institutional-grade tenant base and integrated development capabilities.

Others

• Colliers International: Global commercial real estate services and investment management company providing brokerage, property management, and project management services. Comparable as a peer in the Calgary/Alberta commercial real estate ecosystem where Colliers frequently represents tenants and investors in the same office and industrial submarkets Remington develops.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Remington Development