Jim Pattison Developments
Jim Pattison Developments is the real estate arm of The Jim Pattison Group, owning and managing 19-20 million square feet across 300+ commercial, residential, and industrial properties in Canada and the United States, with the largest grocery-anchored shopping centre portfolio in British Columbia and Alberta.
- Company typePrivate
- Founded2001
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Jim Pattison Developments does
Jim Pattison Developments Ltd. (JPD) is the real estate arm of The Jim Pattison Group, Canada's largest private company, operating as a vertically integrated commercial and residential real estate developer, owner, lessor, and property manager. Incorporated in December 2001 and operating as an independent business since 2006, JPD owns and manages a portfolio of 19-20 million square feet of income-producing properties across Canada and the United States, comprising 300+ properties and the largest portfolio of grocery-anchored shopping centres in British Columbia and Alberta (55+ such centres). The company's portfolio is conservatively valued at over $4 billion and spans retail, office, industrial, and residential asset classes, with US operations conducted through wholly-owned subsidiary JPDUS Inc. (Washington State).
JPD's revenue is generated primarily through recurring commercial and residential rent under direct leasing arrangements, supplemented by property development for its own portfolio and select third-party projects, and managed services through in-house property management brought online in 2022. There is no proprietary technology platform; the business is fundamentally capital- and relationship-intensive rather than software-driven, with customer acquisition handled by an internal leasing and business development team across a regional office network in Vancouver, Surrey, Edmonton, Calgary, Kamloops, Victoria, Nelson, Powell River, and Penticton. Named enterprise tenants include national grocery operators Lucky and Safeway, as well as automotive and office users such as Toyota.
The company pursues a sales-led, direct-to-tenant go-to-market model with no broker intermediaries. Pricing is quote-based and negotiated per property and unit, with multi-year commercial leases and monthly residential billing cycles. Growth has been driven by a combination of organic development (notably high-rise residential including One Burrard Place, one of Western Canada's tallest residential towers) and large portfolio acquisitions, including 2021 entry into the United States and a 2025 surge of investment across BC enclosed malls, Northern California grocery-anchored assets, and industrial properties.
Jim Pattison Developments firmographics
Firmographics- Name
- Jim Pattison Developments
- Legal name
- Jim Pattison Developments Ltd.
- Website
- https://jpdevelopments.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Jim Pattison Developments is the real estate arm of The Jim Pattison Group, owning and managing 19-20 million square feet across 300+ commercial, residential, and industrial properties in Canada and the United States, with the largest grocery-anchored shopping centre portfolio in British Columbia and Alberta.
- Ownership category
- akta.pro rank
Jim Pattison Developments industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Real Estate and Rental and Leasing (53), Real Estate Property Managers (53131)
- SIC
- Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
Keywords
Where Jim Pattison Developments is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices11 records
Markets served
Jim Pattison Developments business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Commercial Property Leasing: JPD leases retail, office, and industrial commercial spaces to business tenants across its North American portfolio. Revenue is generated through recurring commercial rent payments under long-term lease agreements.
- Residential Leasing: JPD leases residential units (e.g., One Burrard Place, Silverwood) to individual tenants, generating recurring residential rental income.
- Property Development & Sales: JPD develops new properties (commercial and residential) for its own portfolio and undertakes independent development projects spanning retail, office, industrial, and residential. Revenue may be realized through property sales or by bringing developments into the leasing portfolio.
- Property Management Services: Since 2022, JPD has brought property management in-house, providing maintenance, operations, and tenant services to its portfolio, supporting the leasing and retention of tenants.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Commercial Leasing — quote-based pricing |
| Other | Monthly | Residential Leasing — quote-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Jim Pattison Developments product offering
Product offeringCore offering
Jim Pattison Developments develops, leases, and manages commercial and residential real estate across Canada and the United States. Its portfolio spans shopping centres (including the largest collection of grocery-anchored centres in BC and Alberta), office complexes, industrial parks, and high-rise residential developments such as One Burrard Place in Vancouver. The company operates its own property management arm (in-house since 2022) and provides 24/7 tenant support through regional offices in BC, Alberta, and Washington State.
Product overview
Jim Pattison Developments (JPD) is the real estate arm of The Jim Pattison Group, operating as a diversified real estate investment, management, and development company since 2006. The company offers a unified suite of real estate services: Commercial Development (shopping centres, office complexes, industrial parks), Residential Development (modern living spaces including high-rise towers), Property Management (brought in-house since 2022), and Leasing (commercial and residential opportunities). JPD manages a portfolio of over 19 million square feet of income-producing properties across Canada and the United States, including the largest portfolio of grocery-anchored shopping centres in British Columbia and Alberta, with 55+ grocery-anchored shopping centres and 300+ total properties. The portfolio is conservatively valued at over $4 billion.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Development
Quantifiable outcome
- Largest portfolio of grocery-anchored shopping centres in British Columbia and Alberta
- +2 more outcomes
Companies that use Jim Pattison Developments
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Jim Pattison Developments technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Jim Pattison Developments partnerships and signals
Strategic signalScale indicators8 records
Recent moves9 records
Expansion highlights5 records
Jim Pattison Developments competitors and assessment
Company assessmentDirect peers
- North American Development Group: NADG is a privately-held, vertically-integrated commercial real estate developer with retail and mixed-use focus. Closely comparable to JPD as a private, vertically-integrated retail real estate operator with a portfolio across North America.
- Phillips Edison & Company: Phillips Edison is a US REIT focused on grocery-anchored neighbourhood shopping centres. Direct analogue to JPD's grocery-anchored US expansion thesis through JPDUS Inc.
- RioCan REIT: RioCan is Canada's largest REIT with a portfolio heavily weighted to retail, including grocery-anchored centres. Comparable in scale and Canadian retail real estate focus, though more diversified across formats.
- First Capital REIT: First Capital owns and operates grocery-anchored, mixed-use retail in Canada's densest neighbourhoods. Strong peer to JPD for grocery-anchored strategy and Canadian urban real estate.
- Choice Properties REIT: Choice Properties is one of Canada's largest owners of grocery-anchored retail properties, backed by Loblaw. Comparable to JPD for scale, anchor-tenant concentration, and Canadian retail real estate strategy.
- Brixmor Property Group: Brixmor is a US publicly-traded owner/operator of open-air shopping centres. Comparable to JPD for grocery-anchored community retail strategy and active property management.
- Morguard Corporation: Morguard is a Canadian diversified real estate company owning and managing commercial, residential, and hotel properties. Comparable to JPD for diversified Canadian real estate ownership and vertically integrated operations.
- Crombie REIT: Crombie REIT is a Canadian REIT focused on grocery-anchored and necessity-based shopping centres across Canada, closely aligned with JPD's flagship grocery-anchored retail strategy and Sobeys-anchored tenancy model.
Broad incumbents
- Ivanhoé Cambridge: Ivanhoé Cambridge is a major global real estate investor and operator owned by CDPQ. Comparable as a large institutional Canadian real estate platform with diversified retail, office, residential, and logistics holdings.
- Cadillac Fairview: Cadillac Fairview is one of Canada's largest owners, operators, and developers of commercial real estate. Comparable to JPD for Canadian commercial real estate scale and institutional ownership, though CF focuses more on premium office and malls.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Jim Pattison Developments social profiles
Digital presenceJim Pattison Developments financial estimates
Financial estimateRevenue estimate
Valuation estimate
Jim Pattison Developments leadership team
Management profileNumber of profiles
Profiles6 records
Jim Pattison Developments subsidiaries and ownership
Company hierarchySubsidiaries1 record
Jim Pattison Developments funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Jim Pattison Developments 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 Jim Pattison Developments
What does Jim Pattison Developments do?
Jim Pattison Developments develops, leases, and manages commercial and residential real estate across Canada and the United States. Its portfolio spans shopping centres (including the largest collection of grocery-anchored centres in BC and Alberta), office complexes, industrial parks, and high-rise residential developments such as One Burrard Place in Vancouver. The company operates its own property management arm (in-house since 2022) and provides 24/7 tenant support through regional offices in BC, Alberta, and Washington State.
Is Jim Pattison Developments a public or private company?
Jim Pattison Developments is a private company. It is classified as corporate owned and is currently operating.
When was Jim Pattison Developments founded?
Jim Pattison Developments was founded in 2001. It employs 11 to 50 people.
Where is Jim Pattison Developments based?
Jim Pattison Developments is headquartered in Vancouver, Canada, in the North America region.
How does Jim Pattison Developments make money?
Four revenue lines are on record. Commercial Property Leasing is the primary driver. The others are residential Leasing, property Development & Sales and property Management Services.
Who are Jim Pattison Developments's main competitors?
Direct peers on record are North American Development Group, Phillips Edison & Company, RioCan REIT, First Capital REIT, Choice Properties REIT, Brixmor Property Group, Morguard Corporation and Crombie REIT. Broad incumbents are Ivanhoé Cambridge and Cadillac Fairview.
Does Jim Pattison Developments have an API?
No public API is recorded for Jim Pattison Developments.
What industry is Jim Pattison Developments in?
Jim Pattison Developments's product category is Commercial Real Estate Development. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales). Its NAICS code is 53 and its SIC code is 6512.