PAUL STEWART, BA, AACI, P. APP.
Education
Bachelor Degree, Double major in Business and Economics,
University of Guelph, Ontario, 1984
Professional Affiliations
- Appraisal Institute of Canada, (AACI) 1996
- Appraisal Institute (Associate MAI)
Professional Career
- Stewart Valuation Ltd. and valuation-net.com, Dec/99 to Present
- February 1999 December 1999
Fish Marks Jenkins Real Estate Consulting
Senior Consultant
- January 1996 January 1999
Colliers International Realty Advisors Inc.
Senior Consultant
- June 1993 December 1995
Edward F. Heberger & Associates - Connecticut, USA
Senior Consultant
- April 1984 May 1993
Warren Stewart & Associates, Toronto
Senior Consultant
Experience
Experienced in the valuation of a wide range of property types including, retail, office and industrial properties, as well as hotels, development land, recreational facilities, mining properties and many special use facilities. Currently specializing in investment grade office, retail and industrial property.
Consulting assignments have included highest and best use studies, feasibility studies and market studies. Extensive use of Geographic Information Systems (GIS) performing comprehensive trade area demographic analysis, gravity modelling and projecting retail capture rates.
Financial modelling using the latest versions of Argus and Project for investment properties.
Published Articles
- Valuing a Real Estate Partnership Interest: Liquidity Discount Factor vs. a Quantified Analysis. Published in the 1995 spring edition of ACTEC Notes, a quarterly of the American College of Trust and Estate Counsel.
- Real Estate and Bandwidth Does the Building Have the Backbone? Published in Spring 2000 edition of the Canadian Appraiser, a quarterly of the Appraisal Institute of Canada.
Expert Witness
Extensive experience in tax assessment appeals working for both the tax authorities and property owners. Qualified as an expert witness in the US Courts on matters relating to property valuation in tax and civil litigation cases and has appeared on numerous occasions in State and Superior Court, Connecticut, U.S.A.
Development
Acquired and rezoned vacant residential land, and constructed townhouses.
Securities
Former President and Compliance Officer of a registered securities dealer in the Province of Ontario between 1989 and 1993.
Selected Appraisal and Consulting Assignments include:
| Retail |
|
|
| Ambassador
Plaza, Windsor, Ontario |
Zellers
anchored community plaza |
2000 |
| Kanata
Centrum, Kanata, Ontario |
Entertainment Anchored
Shopping Centre |
2000 |
| Cloverdale Mall, Etobicoke |
Enclosed Community Shopping
Centre |
1998 |
| Meadowvale Town Centre,
Mississauga |
Enclosed Community Shopping
Centre |
1998 |
| Gerrard Square, Toronto |
Enclosed Community Shopping
Centre |
1998 |
| Gerrard Square, Toronto |
Enclosed Community Shopping
Centre |
1998 |
| Place de la Cathedrale,
Montreal |
Downtown, 2-Level Retail
Concourse |
96/97/98 |
| Georgian Mall, Barrie
- Regional Shopping Centre |
Regional Shopping Centre |
1997 |
| North York Sheridan Mall,
North York |
Portfolio of Seven Kmart
Plazas located across Canada |
1998 |
| Moringside Mall, Scarborough |
Portfolio of Seven Kmart
Plazas located across Canada |
1997 |
| Summit REIT, 29 Retail
Properties across Canada |
Oshawa Foods Retail Portfolio |
1997 |
| Shoppers World Danforth,
Toronto |
Regional Shopping Centre |
1997 |
| Shoppers World Albion,
Toronto |
Regional Shopping Centre |
1997 |
| Kingspoint Plaza, Brampton |
168,000 s.f. Community
Shopping Centre |
|
| Heart Lake Town Centre,
Brampton |
130,000 s.f. Neighbourhood
Shopping Centre |
|
| Kipling Queensway Mall,
Etobicoke |
260,000 s.f. Shopping
Centre |
|
| Shoppers World Brampton,
Brampton |
770,000 s.f. Regional
Mall |
|
| Woodland Court Shopping
Centre, Richmond Hill |
60,00- s.f. Multi-Tenant
Retail |
|
| Portfolio of Seven Kmart
Plazas located across Canada |
Seven Community Shopping
Centres |
|
| Shaws Plaza, Plaistow,
New Hampshire |
152,000 s.f. Community
Centre - grocery anchor |
|
| School Street Square,
East Hartford, CT. |
148,000 s.f. Community
Centre - grocery anchor |
|
| East Hartford Plaza, East
Hartford CT. |
105,000 s.f. Neighbourhood
Centre - grocery anchor |
|
| Avon Marketplace, Avon,
CT. |
80,000 s.f. Community
Centre - upscale apparel |
|
| Hamden Plaza, Hamden,
CT. |
180,000 s.f. Community
Centre - mixed, junior anchors |
|
| Office |
|
|
| 3190 Steeles Avenue East,
Markham |
58,000 s.f. Class A |
2000 |
| 100 Borough Drive, Scarborough |
230,000 s.f. single-tenant |
2000 |
| First Canadian Place,
100 King Street West, Toronto |
2,500,000 s.f. Class AA |
1999 |
| 161 Bloor Street East,
Toronto |
250,000 s.f. Class A |
1999 |
| 130 Bloor Street West,
Toronto |
200,000 Class B |
1999 |
| Millennium Tower, Calgary |
450,000 s.f. Class A |
1998 |
| Place Bonaventure, Montreal |
3,000,000 s.f. Mixed Use
Complex |
1998 |
| North American Centre
Phase I & II, Toronto |
1,150,000 s.f. Class A |
96/97/98 |
| BCE Place, Canada Trust
Tower, 161 Bay Street, Toronto |
1,200,000 s.f. Class A |
96/97/98 |
| One Financial Place, 1
Adelaide Street East, Toronto |
810,000 s.f. Class A |
96/97/98 |
| Constitution Square Phase
I & II, Toronto |
715,000 s.f. Class A |
96/97/98 |
| Place de la Cathedrale,
Montreal |
480,000 s.f. Class A |
96/97/98 |
| One University Avenue, Toronto |
250,000 s.f. Class A |
96/97/98 |
| 155 Gordon Baker Road,
Toronto |
220,000 s.f. Class A |
96/97/98 |
| Canterra Tower, Calgary |
820,000 s.f. Class A |
96/97/98 |
| Bow Valley Square, Calgary,
Phase 1 - 4 |
1,470,000 s.f. Class A |
96/97/98 |
| Marine Building, Vancouver |
173,000 s.f. Class A |
96/97/98 |
| Guiness Tower, Vancouver |
255,000 s.f. Class A |
96/97/98 |
| Oceanic Plaza, Vancouver |
345,000 s.f. Class A |
96/97/98 |
| Waterpark Place 1 &
2, 10 & 20 Bay Street, Toronto |
300,000 & 500,000
s.f. Class A |
96/97/98 |
| 1 Mount Pleasant, 321
Bloor Street, Toronto |
730,000 s.f. Head Office |
1997 |
| 10 & 20 Carlson Court,
Etobicoke |
423,369 s.f. Class A Suburban |
1997/98 |
| 300 Consilium Place, Scarborough |
327,000 s.f. Class A Suburban |
1996 |
| Standard Life Centre,
121 King Street, Toronto |
500,000 s.f. Class A |
1996 |
| 100 Sheppard Avenue West,
North York |
250,000 s.f. Class A |
1996 |
| Century Place, Belleville |
110,000 s.f. Class A |
1997 |
| 33, 55, 77 & 201Mississauga
City Centre (Hammerson) |
808,000 s.f. Class A |
1997 |
| 370 King Street, Toronto |
205,000 s.f. Class B |
1996 |
| York Mills Centre, North
York |
550,000 s.f. Mixed Class
A & Retail |
1996 |
| 1 City Centre Drive, Mississauga |
380,000 s.f. Class A |
1996 |
|