KRP Properties
KRP Properties is a private commercial real estate firm in Kanata North, Ottawa, owning 30+ office properties totaling over 1 million rentable square feet and serving 230+ companies across technology, healthcare, professional services, education, and government. It operates a fully integrated in-house model spanning leasing, development, construction, property management, and security as part of the Wesley Clover International ecosystem.
- Company typePrivate
- Founded1986
- HeadquartersKanata, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What KRP Properties does
KRP Properties is a privately held commercial real estate firm founded in 1986 in Kanata North, Ottawa, and operating as a subsidiary within the Wesley Clover International ecosystem. The company owns and manages a portfolio of 30+ commercial office properties totaling over 1 million rentable square feet, serving approximately 1,000 tenants across 230+ companies in technology, healthcare, professional services, education, defense, and government. Its customers include Ericsson, Boston Scientific, Marvell, Fullscript, Farm Credit Canada, Carleton University, and the University of Ottawa, among others.
The business is built on a fully integrated, in-house operating model covering leasing, design and development, construction, property management, security, and skilled trades (HVAC, electrical, plumbing, building maintenance). Technology infrastructure includes FacilityConnex smart building integration for centralized real-time monitoring of HVAC and lighting, Building Automation Systems, a tenant portal (Angus Anywhere) for service requests, EV charging via ChargePoint, and green energy through Bullfrog Power. Value-added programs include KRP Green (ESG), the KRP Advantage tenant discount network (50+ local partners), and a community events calendar.
KRP generates revenue primarily through recurring monthly commercial leases based on rentable square footage, supplemented by in-house property management services and design/build construction revenue for tenant fit-outs. Pricing is quote-based and not publicly disclosed. Distribution combines a direct enterprise leasing team (VP Leasing Todd Beech, Senior Leasing Manager Sharon Etmanskie), a self-serve website availability search, and a commercial real estate broker network. The geographic footprint is entirely domestic, concentrated in the Kanata North business park in Ottawa, Ontario.
KRP Properties firmographics
Firmographics- Name
- KRP Properties
- Legal name
- KRP Properties
- Website
- https://krpproperties.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- KRP Properties is a private commercial real estate firm in Kanata North, Ottawa, owning 30+ office properties totaling over 1 million rentable square feet and serving 230+ companies across technology, healthcare, professional services, education, and government. It operates a fully integrated in-house model spanning leasing, development, construction, property management, and security as part of the Wesley Clover International ecosystem.
- Ownership category
- akta.pro rank
KRP Properties industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Lessors of Real Estate (5311)
- SIC
- Operators Of Nonresidential Buildings (6512), Lessors Of Real Property, Nec (6519)
- akta.pro primary industry
- Office Property Management (BPAJAGAA)
- akta.pro secondary industries
- Office Tenant Representation (BPAJALAA), Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)
Keywords
Where KRP Properties is headquartered
LocationHeadquarters
- HQ city
- Kanata
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
KRP Properties business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Commercial Office Leasing: Primary revenue stream from leasing office space to tenants across the 30+ property portfolio in Kanata North. Includes traditional leases, flexible configurations, and full-floor options. Revenue is generated through monthly rental payments based on rentable square footage.
- Property Management Services: In-house property management services including building maintenance, security, and operations provided to tenants as part of the fully integrated service model.
- Design, Development, and Construction: Custom office design, development, and construction services for tenants requiring build-out or customization of their leased spaces.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Flexible office suites from 881 RSF to full-floor configurations |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
KRP Properties product offering
Product offeringCore offering
KRP Properties owns and operates a portfolio of 30+ commercial office buildings totaling over 1 million rentable square feet in Kanata North, Ottawa. The firm leases office space ranging from small suites (881 RSF) to full-floor configurations (89,980 RSF) and delivers fully integrated in-house services covering leasing, design/build construction, property management, 24/7 security, and skilled trades (HVAC, electrical, plumbing) across the portfolio.
Product overview
KRP Properties operates a fully integrated commercial real estate platform offering office space leasing, property management, design/development, and construction services across a portfolio of 30+ properties in Kanata North. The core offering centers on commercial leasing (from small suites to full floors) supported by in-house property management, security, and skilled trades. Value-added services include the KRP Advantage Program (tenant discount card), KRP Green (ESG/sustainability initiative), Events Calendar (community programming), and Tenant Portal (service management). The company also offers flexible coworking access through Hub350 partnership and maintains partnerships with Brookstreet Hotel and Marshes Golf Club for tenant amenities.
Differentiator
Problem solved
Functional benefit
Products and services
- Office Space Leasing Commercial office space leasing across 30+ properties in Kanata North, Ottawa, offering flexible suite configurations from small offices (881 RSF) to full-floor options (89,980 RSF). Serves enterprise tenants, mid-market firms, and startups needing move-in ready or plug-and-play space in Canada's largest technology park.
- Property Management Full-service property management including building maintenance, operations, security, and tenant services delivered by in-house teams. Includes 24/7 on-site security, emergency services, maintenance response within 20–30 minutes, and a tenant portal for service requests.
- Design, Development & Construction In-house design, development, and construction services for tenant fit-outs, custom build-outs, and property improvements. Delivered by in-house Directors of Construction, project managers, and skilled trades (HVAC, electrical, plumbing).
- Commercial Property Portfolio A portfolio of 30+ Class A commercial office buildings totaling over 1 million rentable square feet across the Kanata North business park, including addresses on Legget Drive, March Road, Hines Road, Terry Fox Drive, Innovation Drive, and Solandt Road. Trusted by over 230 companies and approximately 1,000 tenants.
Quantifiable outcome
- Response time of 20-30 minutes for maintenance requests
- +4 more outcomes
Companies that use KRP Properties
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles4 records
KRP Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
KRP Properties partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core and minor.
- Wesley Clover InternationalcoreParent company and ecosystem partner. KRP Properties is part of Wesley Clover International, a global private investment management firm that enables entrepreneurs, fosters innovation and helps technology companies scale. Through its unique ecosystem approach, Wesley Clover creates conditions for a collaborative business and tech community to thrive.
- Kanata North Business Association (KNBA)coreKNBA strives to create an environment for business success by fostering connections, building awareness and cultivating community pride in Canada's largest technology park. KRP actively participates in KNBA events, networking, and community initiatives.
- Bullfrog PowercoreGreen energy provider partnership. KRP Properties partnered with Bullfrog Power to become the largest property management organization choosing green energy in Canada. All public and common areas are powered by green energy.
- ChargePointcoreEV charging infrastructure partnership. KRP partnered with ChargePoint to provide electric vehicle charging stations across all properties, making it easier for tenants and visitors to choose clean transportation.
- FacilityConnexcoreSmart building technology partnership. FacilityConnex provides integrated smart building technology across the KRP portfolio, enabling operators to access, control, and monitor all connected buildings from a single interface.
- Alacrity GlobalminorPart of the Wesley Clover ecosystem. Alacrity Global is an international network of startup incubators designed to nurture the next generation of tech entrepreneurs through hands-on training, access to investors and market opportunities.
- L-SPARK AcceleratorminorPart of the Wesley Clover ecosystem. L-SPARK is Canada's leading corporate accelerator dedicated to driving corporate collaboration through specialized programs connecting high-potential startups with established industry leaders.
- Brookstreet HotelcorePart of Wesley Clover portfolio. Brookstreet Hotel is Ottawa's leading conference and getaway destination offering world-class accommodation, exceptional dining, spa services, and recreational activities. Adjacent to KRP properties, it enhances the tenant experience.
- The Marshes Golf ClubminorPart of Wesley Clover portfolio. Premier golf destination featuring a championship course within a protected wildlife sanctuary, 9-hole executive course, pickleball courts, Ironstone Grill, and Blackbird Falls putting course.
- Wesley Clover FoundationminorPart of Wesley Clover ecosystem. Foundation supports initiatives in entrepreneurship, health & wellness, education and community impact with a focus on strengthening the local community.
- Wesley Clover ParksminorLocal not-for-profit outdoor recreation and learning hub promoting health and education in the immediate and extended communities. Part of Wesley Clover Foundation initiatives.
- BOMA OttawaminorIndustry association representing the commercial real estate industry in the National Capital area. Serves as the recognized advocate of building owners and managers.
- Greater Ottawa Home Builders' Association (GOHBA)minorIndustry association representing home building and renovation professionals in the Greater Ottawa region.
- Ottawa Construction AssociationminorVoice of Ottawa's non-residential construction industry. One of the largest regional construction associations in Canada with more than 1,100 firms active in all sectors of the region's construction market.
- Habitat for Humanity ReStoreminorDonation partner for adaptive reuse program. Gently used materials including doors, appliances, and furniture are donated to support affordable housing and reduce landfill waste.
- Camp Quality Eastern OntariominorCharitable beneficiary of KRP's annual Red Dragon Charity Golf Tournament. Provides uplifting camp experiences for children affected by cancer and blood disorders. KRP has raised close to $350,000 to date.
- Canadian Blood ServicesminorCharitable partnership for blood drives hosted at KRP properties, supporting community health initiatives.
- Hub350minorFlexible coworking spaces, meeting rooms, and event venues available to KRP tenants for collaboration, client hosting, workshops, and hybrid work support.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
KRP Properties competitors and assessment
Company assessmentBroad incumbents
- Morguard Corporation: Morguard is a Canadian real estate company that owns and manages a national portfolio of office, industrial, retail, and multifamily assets. It is comparable to KRP as a vertically integrated Canadian office landlord/property manager, though operating at national scale rather than focused on a single submarket.
- Brookfield Property Partners: Brookfield Property Partners operates one of the world's largest real estate portfolios, including premier office assets globally. It is comparable to KRP in the office ownership and operating segment, with far broader scale, geographic reach, and capital base.
- QuadReal Property Group: QuadReal is a major Canadian real estate operating company with a diversified portfolio spanning office, retail, industrial, multifamily, and student housing. Comparable to KRP as a large institutional office landlord and property manager, though at significantly larger scale and broader asset-class mix.
Others
- RioCan REIT: RioCan is one of Canada's largest REITs, though predominantly retail-focused rather than office. Included as an adjacent Canadian real estate operator comparable to KRP on the scale and REIT-style landlord business model, with materially different asset-class focus.
Direct peers
- Allied Properties REIT: Allied is a Canadian REIT focused on urban office workspace, primarily in Toronto, Montréal, Vancouver, and Ottawa. It is a direct peer to KRP in operating and leasing Class-A office space to knowledge-worker tenants in major Canadian innovation hubs, including Ottawa.
- Dream Office REIT: Dream Office REIT owns, leases, and manages a portfolio of office properties in urban centres across Canada, including Toronto, Calgary, Edmonton, and Mississauga. It directly competes with KRP in the Canadian office landlord segment with a similar leasing-driven business model.
Emerging players
- BGIS: BGIS is a Canadian facilities management and real estate services provider offering property management, project delivery, and energy services to commercial real estate owners. Comparable to KRP on the property management and integrated service delivery side, though primarily a third-party FM provider rather than a landlord-operator.
Regional players
- CBRE (Ottawa): CBRE's Ottawa office provides commercial real estate brokerage, property management, and valuation services across the National Capital Region. Comparable to KRP on the leasing, tenant representation, and property management services side, with broader service breadth but no principal landlord exposure.
- Cushman & Wakefield (Ottawa): Cushman & Wakefield's Ottawa office delivers commercial brokerage, property management, and advisory services for office, industrial, and retail assets. Comparable to KRP on the property management and office leasing services side, again as a third-party provider rather than a principal.
- Colliers International (Ottawa): Colliers operates a major Ottawa commercial real estate brokerage and property management practice representing both landlords and tenants. It is comparable to KRP on the office leasing and property management services side, though functioning as a third-party intermediary rather than as a principal landlord.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
KRP Properties social profiles
Digital presenceKRP Properties compliance and trust
Trust signalCompliance2 records
KRP Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
KRP Properties leadership team
Management profileNumber of profiles
Profiles9 records
KRP Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
KRP Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about KRP Properties
What does KRP Properties do?
KRP Properties owns and operates a portfolio of 30+ commercial office buildings totaling over 1 million rentable square feet in Kanata North, Ottawa. The firm leases office space ranging from small suites (881 RSF) to full-floor configurations (89,980 RSF) and delivers fully integrated in-house services covering leasing, design/build construction, property management, 24/7 security, and skilled trades (HVAC, electrical, plumbing) across the portfolio.
Is KRP Properties a public or private company?
KRP Properties is a private company. It is classified as corporate owned and is currently operating.
When was KRP Properties founded?
KRP Properties was founded in 1986. It employs 11 to 50 people.
Where is KRP Properties based?
KRP Properties is headquartered in Kanata, Canada, in the North America region.
How does KRP Properties make money?
Three revenue lines are on record. Commercial Office Leasing is the primary driver. The others are property Management Services and design, Development, and Construction.
Who are KRP Properties's main competitors?
Broad incumbents on record are Morguard Corporation, Brookfield Property Partners and QuadReal Property Group. RioCan REIT is listed as an others. Direct peers are Allied Properties REIT and Dream Office REIT. BGIS is listed as an emerging player. Regional players are CBRE (Ottawa), Cushman & Wakefield (Ottawa) and Colliers International (Ottawa).
Does KRP Properties have an API?
No public API is recorded for KRP Properties.
What industry is KRP Properties in?
KRP Properties's product category is Commercial Real Estate. Its primary akta.pro industry code is BPAJAGAA, Office Property Management, with a secondary code of BPAJALAA, Office Tenant Representation. Its NAICS code is 53112 and its SIC code is 6512.