Narland is an entrepreneurial Real Estate Investment and Management Company based in Western Canada.
We are dedicated to sourcing fundamentally sound and profitable real estate opportunities.
Opportunities include commercial and residential income properties development partnerships, third party asset and management contracts and joint ventures.
With over 35 years of operations, the company has established a solid reputation in the real estate industry and with its investor group, clients and partners.
Our expertise includes all aspects of the real estate investment cycle including acquisition/disposition, financing, due diligence, leasing, asset and property management project/development management and most in-depth market knowledge.
Our investments are geographically focused on Western Canada and the United States.
Our Investment Approach
Narland actively pursues opportunities to acquire real estate which fulfill our primary investment objective:
“To strategically source quality real estate product with manageable risk, which produces stable cash flow, and the potential to measurably enhance value through implementation of a defined add value strategy in order to meet our investment return objectives.”
Narland participates, in each real estate investment, along with its investors, which ensures our strategic decisions are motivated by objectives that are consistent with those of our investors.
Comprehensive due diligence, strong market knowledge and attention to detail ensure that the risks associated with our investments are thoroughly understood, and meet our stringent risk profile parameters.
Once acquired, Narland applies a proactive approach to leasing, construction and asset management which ensures our add value strategies are fully realized and both market value and investor returns, are maximized.
Implementation of these key investment values have consistently proven to improve the asset’s market position, cash flow and property values, allowing us to meet or exceed our projected return expectations.
Our Management Approach
Narland is a boutique-style management company with over 35 years of experience in the Property Management industry. Narland specializes in managing small to mid-sized office, retail and industrial properties across Western Canada, on behalf of its investor groups as well as for third parties including corporations, REITS and private individuals.
Our strategic asset and property management programs ensure the most value is realized at the properties we manage both internally and on behalf of our clients.
Our flat organizational structure, lends itself to a quick and flexible decision-making process.
Our entrepreneurial nature and flat corporate structure allow us to be nimble and customize our management style to work with our clients. We operate as an extension of our client’s organization to provide seamless interaction. We are committed to providing the highest quality and personalized level of customer service to both the owners and the tenants.
Our proven operational systems and strong team of experienced personnel ensure the highest standards of building maintenance and tenant service.
Our construction background and extensive contractor and consultant alliances ensure competitive pricing and superior quality for building improvements.
Our hands-on management style results in quick responses and cost-effective solutions.
Our Services
The Narland Team are experienced real estate investors/managers who maintain real estate assets (both Narland owned and Third Party) in a fastidious manner, paying diligent attention to all aspects of the asset in order to maximize value. We focus on establishing strong relationships with our clients, tenants, and investors.
Narland offers the following range of services:
Property Acquisitions/Divestitures
Asset Management
Property Management
Project Management
Leasing
Our strategy to achieve these objectives is based on 3 key initiatives:
Investing in the asset.
We implement asset specific capital improvement programs to maintain, improve and showcase our assets.
Active management.
We manage our third party owned assets like owners; focused on performance improvement.
Demonstrating fiscal prudence.
We minimize our risks and create value through careful financial analysis and maintaining a prudent capital and operating budgets.
Our Leadership Team
Narland’s success is in its people. We have a core team of highly dedicated and experienced people, both in the office and in the field. This fantastic team is led by:
Chris Sherry
President / Partner
Chris joined Narland in 2003 as Vice President and became a partner shortly thereafter. Today, Chris is the President of the company and is focused on the long-term growth of the organization and is responsible for the company’s acquisitions, development and leasing departments. During his tenure, Chris has participated in transacting over $1 Billion of real estate with Narland, coordinated over $200 million in new commercial/residential developments and has successfully negotiated over one million square feet of leasing.
Elissa Dabiri
COO / Partner, RPA
Elissa joined Narland in 2003, becoming a partner in 2021. As Chief Operating Officer, Elissa is responsible for the successful execution of all operational aspects of Narland including property and asset management, project management, due diligence and real estate transactions, risk management, tenant relations and client relations/development. Elissa oversees Narland’s finance, operations, information services and administration departments.
Peter Chappell
Advisor
Peter joined Narland in 1993, and became a partner in 1996. During his tenure at Narland, the company acquired and managed over $1 billion in commercial real estate and developed over $200 million in residential and commercial real estate. Peter now provides input and advice on various aspects of the business including operational and financial structure.
Raj Opal
Director of Finance, CPA
Raj joined Narland as Controller in 2012, becoming the Director of Finance in 2021. Along with a CPA (Certified Professional Accountant) designation, Raj brings over 15 years of accounting real estate experience. He also holds his British Columbia Trading Services License. Raj’s responsibilities include overseeing all company accounting functions, ensuring accuracy of internal and external financial reporting, acquisition financial analysis and coordination of financing/refinancing efforts. He is also responsible for the implementation and improvement of policies and procedures.
Elan Burghall
Senior Property Manager
Elan has worked with the Narland team since August 2013. She has over 15 years of experience in commercial real estate, lease negotiation, property administration and property management. In her role at Narland, she works closely with the Building Operators, Property Team and the COO to execute the management of a diverse, growing portfolio consisting of over 1 million square feet which includes a mix of office, retail and industrial properties.
Edward Gudewill
Vice President of Acquisitions, CFA
Edward joined Narland in 2022 as Vice President of Acquisitions. He brings over 12 years of financial and capital markets experience serving institutional investors at Raymond James Equity Research, and high net worth families at Richardson Wealth, raising capital and managing a portfolio in excess of $700 million across all asset classes. Including private real state. Mr. Gudewill ‘s responsibilities include identifying and evaluating potential real estate acquisitions and divestitures to maximize profitability for the company and its investors. He is also a CFA Chartholder.