Richard Crenian talks about setting-up expectations to manage day-to-day challenges. Business is an enigma, you plan carefully, you strategize, you execute and yet most businesses will, at times, present you with a dilemma that is unexpected. As a manager, you are expected to foresee the many crossroads that your business may be facing such like changing economics, market demand, regulations, competition, employee downtime, production and service issues.
Are you business ready?
Richard and Brad talk about some important traits of being a good leader. They discuss topics such as having optimism and compassion and their impact on employees.
Showing vulnerability in the workplace can create a culture of trust and is a leadership quality that demonstrates a human quality in management.
Your employees’ skills are what fuel the company’s engine.
Hiring the right employee positively transforms the efforts of the team as a whole. In this video, Richard Crenian and Brad Powe discuss the importance of hiring the best people available to you at the time. Don’t be easily enamoured by minimum-wage employees for that fact alone. This might lead you to hire somebody that doesn’t work out in the long-run, causing you to spend more to replace that employee than you would have spent hiring the right talent in the first place.
What do you think are the primary factors to consider when recruiting talent?
It isn’t easy to give an employee the pink slip. However, it doesn’t have to be fraught with embarrassment.
Richard Crenian and Brad Powe discuss the essentials of laying off an employee in a respectful manner. It all starts with open communication rather than aggressive confrontation. Approach the topic matter-of-factly, and explain that each employee has an important role to play in order to meet company objectives. If that isn’t enough to elicit that employee’s positive contributions, gently but firmly suggest that, perhaps, they might pursue another career opportunity more aligned with their passions.
The commercial real estate has for decades been viewed as an alternative asset by investors, but no more as evidenced by positive results in this regard. Especially in Canada, the commercial real estate has recently caught the attention of potential investors as a safe bet. Richard Crenian, the CEO of ReDev Properties, believes that it’s the right time to invest in Canadian commercial real estate. Learn more
(Toronto, July 23, 2018) ReDev Properties Ltd. is pleased to announce the completion of a lease with Taco Bell at Imperial Square, located in Woodlawn Road West, Guelph, ON. This is a 2,000 square feet pad that was built for Taco Bell which includes a restaurant and a drive-through facility.
“This is an ideal location for a fast food restaurant in Guelph given how close it is to a very busy Cineplex, the only major multiplex facility in that part of the region,” said Richard Crenian, President and Founder of ReDev Properties. “We are delighted to have provided Taco Bell with a location ideally suited to their needs.”
Taco Bell Canada also announced their intention to become a 700-restaurant brand in Canada. Currently, Taco Bell Canada operates 170 Canadian restaurants in over seven provinces and is the leading Mexican-inspired quick service chain in the country. Richard Crenian, President and Founder of ReDev Properties said, “Imperial Square is well located with excellent potential for continued growth.” Imperial Square is fully leased, featuring a strong mix of prominent national tenants including Cineplex, A&W and Mandarin.
About ReDev Properties Founded in 2001 by Richard Crenian, ReDev Properties is a leading real estate investment management firm with an exceptional track record of successfully owning, developing, and managing over $2.5 Billion of real estate properties across Canada. ReDev focuses solely on commercial real estate, which enables the firm to deliver competitive investment performance, while ensuring alignment of interest with partners.
(Toronto, July 20, 2018) ReDev Properties is proud to announce the sale of Dixie Road Plaza, in the City of Mississauga. The building (86,547 square feet) is situated in the westerly part of the Greater Toronto Area. It is zoned for mixed-use with great accessibility via public transit.
“The area has a strong retail market and this property offers a diversified blend of retail, restaurant, and showroom use,” said Richard Crenian, Founder and President of ReDev Properties. “We believe this was the right time for ReDev to sell this property to ensure the best return for our investors.”
The complete press release is posted at https://www.redevgroup.com/redev-properties-announces-the-sale-of-dixie-road-plaza-mississauga
(Toronto, July 20, 2018) ReDev Properties has completed a lease agreement with paints giant, Sherwin-Williams, at Kensington Commons in Edmonton.
“This is an ideal partnership,” said Richard Crenian, Founder and President of ReDev Properties.
“Sherwin-Williams is moving into a site surrounded by mature developed neighbourhoods where residents are likely to be interested in renovating or improving their homes.” He added, “We are pleased we could accommodate Sherwin-Williams after both sides work diligently to find terms that worked.” Kensington Commons opened its doors to tenants in 2014 and features a strong mix of national and local tenants. Along with retail, there are financial services and personal and wellness centres located on a site that has direct access to 137 th Avenue and 127 th Street; both primary roadways servicing the north-eastern sector of the city
The complete press release is posted at https://www.redevgroup.com/redev-properties-welcomes-sherwin-williams-to-edmontons-kensington-commons
