The Aldgate Group is a suburban Toronto (Scarborough) developer and property manager of commercial and industrial properties. Family run, The Aldgate Group prides itself on the personalized service we provide to our many tenants. All of our locations are located along public transit routes and the "401", Metropolitan Toronto's major highway, providing easy access to all parts of the city and the province.
The Aldgate Story
The History
In 1964, a few associates started Magnolia Builders Limited, a pioneering development company in the easterly Toronto suburb known as Scarborough. They began, humbly, by building two small industrial buildings and never looked back.
Over a period of twenty-three years Magnolia became Scarborough's largest exclusive developer of commercial and industrial space. By 1988 Magnolia's portfolio exceeded three million square feet which was all constructed, leased and managed by a small in-house team.
In 1978 Steve Goldberger joined the company and eventually headed up the property management, IT and general contracting divisions. Steve was directly involved in the construction of over one million square feet of office and industrial space and management of over three million square feet.
In 1988 the principals decided that it would be in everyone's best interest to dissolve the partnership and, subsequently, equally divided the assets of Magnolia and its sister companies.
It was in June of 1988 that the new Aldgate Group was founded with Steve Goldberger as President; and his brother Larry Goldberger as Vice President, Property Management.
The Portfolio
The Aldgate Group portfolio, consists of over 650,000 square feet office, retail and industrial properties. The "flagship" property, The Aldgate Corporate Centre,
is located at the corner of Markham & Ellesmere Roads in Scarborough. The final phase, a mixed-use retail/office/industrial development was completed in 2010 and rapidly reached 100% occupancy..
The Management Team
Aldgate is fortunate to have all of its properties located close to each other. We can service our tenants promptly and attentively,
and maintain our reputation for reliability and quality. We employ our own on-site HVAC, electrical, carpenter and painting personel and enjoy a dedicated and loyal staff, many of whom have been with us for
20 years or more.
The only time we seem to lose an existing tenant, is if we cannot accommodate his space requirements within our own inventory, at that time. Actually, most of our growth has been internal - by tenants expanding within our portfolio.
The Strategy
We believe we are in a good position. We have survived three recessions. Our properties have established themselves as quality locations. Our vacancy rate is lower than average.
Our game plan is to concentrate on keeping our existing tenants, by providing the exceptional personal service we are known for.
Realtors call Aldgate first, when looking for space in the east end of Toronto.
