Strobel Holdings

Strobel Holdings is a private corporation formed in 1999 and has now been in business for over fifteen years. An investment holding company conducting management of real estate assets currently focused in Winnipeg, but, related business operations are conducted all over North America and in parts of Asia. It is a small to mid-sized company, with ov... er 100,000 square feet of office, retail, and restaurant properties, leased or held as part of its business operations through related companies. The company specializes in properties with a mixed commercial profile, both office and retail, or pure retail activities. Investments are mainly concentrated in the St James area along Portage Avenue and in the centre of Osborne Village. The company is currently investing in properties valued in the 2.5 to 4 million dollar range, preferring distressed opportunities, and seeking to grow in value through acquisitions and by development of existing holdings. The company is growing at a rate where it is doubling in size every three to five years. The company manages its own assets and does its own development and this allows tenant improvements and tenant management to be more responsive and performed with greater efficiencies. "Hands-on" involvement best describes this management approach. Tenants experience a Landlord that is more considerate and responsive since the Landlord has many experiences in common with that of the Tenant. This is of particular value where the Tenant is in the start-up of a new business venture where business costs are high and income is uncertain and irregular, and learning the new activity creates costs that are not anticipated or the result of inexperience. The result is that the Tenant-Landlord relationship is more a business partnership and less a anonymous income stream to the Landlord or a pure cost burden to the Tenant.Read More