MACC Commercial Properties

What MACC Commercial Properties does

MACC Commercial Properties is a family-owned and operated commercial real estate company founded in 1996 in Dieppe, New Brunswick, by Normand Caissie. The company owns and leases a portfolio exceeding 1 million square feet of warehouse, office, retail, and multi-residential space across New Brunswick, Nova Scotia, and the Greater Toronto Area, with assets concentrated near the Greater Moncton International Airport, key highway corridors, and downtown centers. Its core customer base consists of light industrial, manufacturing, distribution, logistics, retail, office, and residential tenants requiring flexible commercial space in strategic locations.

The business operates an integrated model that combines recurring rental income with in-house construction and property management services. In 2022 it launched MACC Construction Inc, a wholly-owned full-service construction management subsidiary offering build-to-suit commercial and industrial builds, customizations, renovations, and adaptations; it is also an authorized builder for American Buildings' pre-engineered metal structures. Dedicated property management covers day-to-day maintenance, landscaping, snow removal, repairs, and tenant support. Revenue is generated through subscription-style recurring leases (warehouse, office, retail, multi-residential), one-time construction contracts, and ongoing property management fees; pricing is quote-based and not publicly disclosed.

MACC extends its reach through two strategic partnerships: Fusion Commercial Properties, focused on heritage commercial properties, and Three Creek Developments Inc. (Bonvie Place), focused on multi-residential buildings. The company markets primarily through its website, a tenant portal, LinkedIn and Facebook, and industry associations including BOMA New Brunswick-Prince Edward Island and the CANB Construction Association Moncton Northeast. It has a stated ambition to expand its portfolio across Canada.

Name

MACC Commercial Properties

Legal name

MACC Commercial Properties

Website

https://maccproperties.ca

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

MACC Commercial Properties is a family-owned New Brunswick commercial real estate firm owning and leasing over 1 million sq ft of warehouse, office, retail, and multi-residential space across New Brunswick, Nova Scotia, and the Greater Toronto Area, serving light industrial, logistics, retail, and residential tenants.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Rental and Leasing Services (532)

SIC

Operators Of Nonresidential Buildings (6512), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Build-to-Rent (BTR) Community Management (BPAJAFAC)

Keywords

• Commercial real estate leasing
• Warehouse space rental
• Property management services
• Construction management
• Industrial property leasing

Headquarters

HQ city

Dieppe

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Marketing or Sales, Others

Revenue model

1. Commercial Real Estate Leasing: Revenue generated from leasing commercial properties including warehouse space, office space, retail space, and multi-residential apartments. Provides flexible commercial space solutions across New Brunswick with properties near major transportation hubs.
2. Construction Services: Full-service construction management company (MACC Construction Inc) offering build-to-suit commercial and industrial properties, customization, renovation, and adaptation of commercial spaces.
3. Property Management Services: Day-to-day maintenance, landscaping, snow removal, repairs, tenant support, and ongoing building care services for owned properties.

Distribution channels2 records

Marketing channels4 records

Core offering

MACC Commercial Properties leases and manages commercial real estate including warehouse, office, retail, and multi-residential space across New Brunswick, Nova Scotia, and Ontario. The company delivers the full commercial real estate lifecycle through its in-house MACC Construction Inc subsidiary (build-to-suit construction, renovation, and adaptation) and a dedicated property management team handling maintenance, landscaping, snow removal, repairs, and tenant support.

Product overview

MACC Commercial Properties operates as an integrated commercial real estate platform offering property leasing (warehouse, office, retail, multi-residential) alongside construction and property management services. The core platform includes MACC Commercial Properties itself, complemented by MACC Construction Inc (full-service construction management for build-to-suit commercial and industrial properties). Strategic partnerships extend the portfolio: Fusion Commercial Properties focuses on heritage properties, while Bonvie Place (Three Creek Developments) focuses on multi-residential buildings. Property management services include day-to-day maintenance, landscaping, snow removal, repairs, and tenant support. The portfolio exceeds 1 million square feet across New Brunswick, Nova Scotia, and the Greater Toronto Area.

Differentiator

Problem solved

Functional benefit

Products and services

• MACC Commercial Properties (Commercial Real Estate Leasing) Leasing of warehouse, office, retail, and multi-residential commercial space across New Brunswick, Nova Scotia, and Ontario for businesses and residential tenants seeking properties near major transportation hubs.
• MACC Construction Inc Full-service construction management offering build-to-suit commercial and industrial properties, plus customization, renovation, and adaptation services for existing commercial spaces in New Brunswick.
• Property Management Services

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Fusion Commercial PropertiescoreStrategic or Co-development PartnerMACC partnered with a reputable real estate company to create Fusion Commercial Properties, which focuses on heritage properties. This partnership extends MACC's expertise into heritage commercial real estate segment.
• Three Creek Developments Inc. (Bonvie Place)coreStrategic or Co-development PartnerMACC collaborated with another respected company to establish Three Creek Developments Inc., operating under the name Bonvie Place, which focuses on multi-residential buildings. This partnership expands MACC into the multi-residential real estate segment.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• FirstService Corporation: Large North American provider of property management and real estate services. Comparable to MACC in the integrated service model (management + ancillary services) though operating at vastly greater scale across residential and commercial portfolios.
• RioCan Real Estate Investment Trust: Largest Canadian REIT, primarily retail-focused with growing industrial exposure. Adjacent comparable as a dominant Canadian landlord overlapping with MACC's retail and emerging industrial/logistics tenant base.
• BGIS (Brookfield Global Integrated Solutions): Major facilities management and property services provider in Canada. Overlaps with MACC's property management services (maintenance, snow removal, repairs) at much larger institutional scale.
• Colliers International: Global commercial real estate services firm with property management, leasing, and investment services in Canada. Overlaps with MACC's full-lifecycle CRE offering, but as a much broader, publicly listed services platform.

Direct peers

• Morguard Corporation: Canadian owner/operator of office, retail, and multi-residential real estate. Directly comparable to MACC across asset classes MACC serves (light industrial analog to Morguard's mixed commercial) with a similar integrated ownership-and-management approach.
• Dream Industrial REIT: Canadian REIT focused on light-industrial and logistics properties. Closest institutional comparable to MACC's warehouse/light-industrial core, operating in the same asset class with multi-province Canadian exposure.
• Killam Apartment REIT: Canadian REIT operating multi-residential apartment buildings across multiple provinces. Directly comparable to the Bonvie Place (Three Creek Developments) multi-residential partnership in MACC's portfolio.
• Crombie Real Estate Investment Trust: Canadian REIT investing in grocery-anchored retail, office, and mixed-use properties. Comparable to MACC's retail/office leasing business in serving commercial tenants with a long-term ownership model.
• Canadian Apartment Properties REIT (CAPREIT): Largest Canadian multi-residential REIT with national portfolio across provinces. Direct comparable for multi-residential property management at scale, mirroring the asset class served by MACC's Bonvie Place partnership.

Regional players

• Allied Properties REIT: Canadian REIT focused on urban office workspace, with concentration in Toronto and Montréal. Comparable to MACC's office leasing segment as a competing institutional operator, though primarily in central business districts rather than suburban industrial.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/maccproperties.ca
• LinkedInlinkedin.com/company/macc-commercial-properties

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 MACC Commercial Properties