News and Updates

News and Updates

News and Updates

Lansdowne 2.0 Redevelopment Plan Approved

November 24, 2025

On November 7, 2025, Ottawa City Council approved the $419M Lansdowne 2.0 redevelopment plan, marking the next phase in the evolution of this iconic retail, sports, and entertainment destination in the heart of the Glebe.The redevelopment includes a new 5,850-seat event centre on the east side of the stadium, new 12,400-seat north-side stands, and two…

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President & CEO Fred Waks Chairs the 47th Annual Lubavitch Gala Dinner Honouring Premier Doug Ford

November 13, 2025

On Monday, November 10th, our President & CEO, Fred Waks, proudly chaired the 47th Annual Lubavitch Gala Dinner, honouring Ontario Premier Doug Ford as the 2025 Man of the Year. Premier Ford has shown unwavering support for the Jewish community and helped advance important causes. Trinity staff joined Fred in showing our support by attending…

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Trinity’s Executive Chairman John Ruddy Attends OSEG Foundation’s Gourmet on the Gridiron

July 11, 2025

Trinity’s Executive Chairman John Ruddy attended the OSEG Foundation’s Gourmet on the Gridiron fundraiser, held at TD Place Stadium. This fundraiser brought together over 400 business and community leaders for an evening of dining, football-themed activities, and fundraising in support of youth sports programs. The event raised $284,000 to help remove barriers to participation for…

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Modern buildings line a bustling street at dusk, with traffic and pedestrians visible. The vibrant blue sky adds to the urban ambiance.

Trinity Quarterly Retail Update: Q1 2025

April 2, 2025

Click here to read Trinity’s Q1 2025 Retail Update.

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Trinity Acquires 170,000 SF Walmart And Food Basics Anchored Center In Toronto

April 2, 2025

Trinity Retail Fund II LP (“TRF II”) is pleased to announce the acquisition of Sheridan Plaza. Located at the intersection of Jane and Wilson in Toronto, this unenclosed shopping centre is anchored by Walmart and Food Basics, with other key tenants including Black Creek Community Health Centre and Tim Hortons. This acquisition marks a key…

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Food Basics store front at 2200 Jane St., showcasing its green signage and promotional banners. Shoppers walk by with bags in hand.
Sign for Hudson's Bay on a historic brick building, highlighting the store's prominent presence in retail and Canadian heritage.

Trinity’s President & CEO Discusses Hudson’s Bay Creditor Protection Filing

March 19, 2025

Trinity’s President & CEO, Fred Waks, recently spoke with the Toronto Star about Hudson’s Bay’s creditor protection filing. Click the link below to read the full article. Iconic Hudson’s Bay Has Filed for Creditor Protection, Says It Intends To Restructure

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Trinity Announces the Sale of Avalon Centre in Orleans, Ottawa

December 18, 2024

Trinity is pleased to announce the successful 100% interest sale of Avalon Centre, an 86,000 square foot grocery anchored retail property located in Orleans, Ottawa. Avalon Centre is 100% leased, anchored by Farm Boy with an exceptional roster of complementary tenants and features a well-configured layout, ample parking, and high-profile visibility along Tenth Line Road.…

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Aerial view of a commercial area featuring various shops and restaurants, with ample parking spaces and green surroundings under a blue sky.
A man in a black velvet blazer smiles confidently, set against an abstract background, with "1 FIRST JOB" text prominently displayed.

Trinity’s President & CEO Shares His Journey in Commercial Real Estate

November 14, 2024

Trinity’s President and CEO, Fred Waks, recently had the opportunity to sit down with CoStar to talk about life, family, and his journey through the commercial real estate industry. His leadership, experience, and vision continue to shape the path forward for Trinity. Click the link below to read the full article and gain valuable insights…

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Trinity Retail Fund II LP (“TRF II”) Acquires 148,000 Sf Grocery Anchored Shopping Centre in Québec

November 5, 2024

Trinity Retail Fund II LP (“TRF II”) is pleased to announce the acquisition of a premier 148,000 square foot grocery-anchored shopping centre located in Salaberry-de-Valleyfield, Québec. This strategic investment underscores Trinity’s commitment to enhancing its portfolio of high-quality retail properties in key markets. Located just 45 minutes from Montréal, Valleyfield is anchored by a 50,000…

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A busy retail parking lot featuring a prominent Pharmaprix store, with various parked cars and a clear blue sky in the background.
A speaker presents to a large audience at a golf event in a well-lit banquet room, with tables set and attendees engaged, highlighting camaraderie and networking.

Trinity Joins Efforts To Raise $43,000 for Ottawa Communities

October 4, 2024

On September 30, 2024, Trinity was pleased to be the presenting sponsor of the fifth Autumn Classic Golf Tournament at the Pineview Golf Course in Ottawa. The amazing weather reflected a successful day full of fun and networking! Trinity would like to thank all the generous sponsors as well as everyone who participated in the…

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Trinity Retail Fund Acquires Urban Grocery-Anchored Retail Property in the Heart of Montréal

August 28, 2024

Trinity is pleased to announce the acquisition of an urban grocery-anchored retail property located in the heart of Montréal. Les Commerces Le Séville is anchored by Marché Adonis (Métro Inc.), Bank of Montréal, and features over 325 feet of frontage on Sainte-Catherine Street West. We are excited to add this asset to our portfolio, further…

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Modern residential buildings dominate the street corner, featuring a mix of materials and balconies. Pedestrians and shops contribute to the lively urban atmosphere.
Save-On Foods storefront features vibrant green and brown signage, highlighting the store's kitchen and online shopping options, with construction in the background.

Trinity Adds Two New Retail Properties to Its Growing Alberta Portfolio

May 16, 2024

Read more about the recent acquisitions here. For more information, visit Commercial Leasing. General Leasing Inquiries: leasing@trinity-group.com. Vice President, Leasing / David Scorniaenchi (647) 726-1396 / dscorniaenchi@trinity-group.com

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Read About Our CEO Fred Waks’ Impactful Meeting With Pope Francis

June 29, 2022

A meeting with Pope Francis at the Vatican was ‘an incredible moment’ for these Jewish community leaders from Toronto.

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Pope Francis seated, engaged in conversation with a group of people, including religious leaders, against a colorful mural backdrop.

TRINITY GROUP IS THRILLED TO WELCOME LASALLE INVESTMENT MANAGEMENT TO THE RIDEAU AND CHAPEL PARTNERSHIP 

August 29, 2025

A Chicago-based real estate investment firm with a major Ottawa footprint has bought a significant stake in a downtown rental apartment development.  LaSalle Investment Management said Tuesday its flagship Canadian real estate fund, LaSalle Canada Property Fund, has purchased a 47.5 per cent interest in a project that will see a pair of 25-storey high-rises…

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Northumberland mall owners bringing new business to Cobourg

September 1, 2025

COBOURG — A national coffee chain, Booster Juice and Sunset Grill are among the new tenants moving to the Northumberland Mall property this year. Trinity Group (Trinity) had been the manager of the mall, located at 1111 Elgin St. W. in Cobourg, since May of last year, but in December the company purchased the property. Kevin Parsons, a senior property manager with Trinity, told Northumberland…

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Trinity, Timbercreek Partner on two Toronto developments

September 1, 2025

Timbertrin, a partnership between Trinity Group and Timbercreek, is moving forward with development plans for two prime Toronto intersections. The partnership has unveiled plans for two Toronto properties from the Main + Main portfolio, which they joined forces to acquire in early 2018. One is located at the southwest corner of Queen and Bathurst Streets and the other is…

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Trinity Begins Building its huge Ottawa development pipeline

September 1, 2025

Trinity Group has been laying the groundwork for years to develop several major residential-focused projects in Ottawa. The company and its partners hope they are now about to start reaping the rewards of a 2,700-apartment pipeline in the National Capital. Trinity and joint venture partner Timbercreek formally broke ground this week on Rideau and Chapel, a two-tower, purpose-built…

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LRT the ‘Driving Factor’ in Trinity’s planned residential builds in downtown Ottawa

September 1, 2025

A few blocks east of the Rideau LRT station, Ottawa’s Trinity Development Group has launched the first stage of its ambitious plan to build 2,700 new rental units near light rail stops over the next several years. Last week, Trinity broke ground on a new 25-storey mixed-use tower at 151 Chapel St. near the corner…

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Six-unit Freestanding building with drive-thru proposed at Northumberland Mall

September 1, 2025

COBOURG — A request for rezoning to build a freestanding multi-unit commercial building in the parking lot of Northumberland Mall is coming to council. Trinity Group has submitted a complete application for an amendment to the comprehensive zoning bylaw on behalf of Northumberland Shopping Centre Inc. Mark Deon, the senior vice-president of leasing at Trinity, told Northumberland News…

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Paskapoo Slopes development coming together, but stories still not open

September 1, 2025

Just east of Canada Olympic Park, Trinity Hills is taking shape on the slopes of Paskapoo. It’s a mixed-use area developers hope will become a destination in Calgary. “You’ll hear more now because now we’re gearing up to launch,” said vice president of sales and marketing for Metropia, Lee Koutsaris. “Now the retail is getting…

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Trinity files fresh plans for residential towers at Chapel and Rideau streets

September 1, 2025

An Ottawa developer has revived a plan to build two mixed-use highrises at the former site of a Jewish community centre in Lowertown. In planning documents filed with the city, Trinity Development Group says it is proposing to construct a pair of 25-storey condo towers with retail space on the ground floor at 151 and…

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Robert Wells

Vice President, Development &Acquisitions

Rob joined Trinity in 2020 with over 22 years of experience in land use planning and development across both the public and private sectors. He has led projects ranging from small-scale infill to complex mixed-use high-rise developments in Toronto, Ottawa, and the Greater Toronto Area.

 Rob’s expertise spans the full development lifecycle, including municipal approvals, stakeholder engagement, and final permitting. He has been directly involved in redeveloping over 4.5 million square feet of mixed-use space and currently oversees a portfolio of 2.2 million square feet of residential and retail development.

John Ruddy

John Ruddy

Executive Chairman

Fred Waks

Fred Waks

President & CEO

Adam Cohen

Adam Cohen

Chief Financial Officer

Ahmed Sayed

Ahmed Zayed

Vice-President, Construction & Design.

David Scorniaenchi

David
Scorniaenchi

Vice-President, Leasing

Bradley Gordon

Bradley
Gordon

Vice-President, Operations

Rossi Sas

Rossi Sas

Vice-President, Investments

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Rossi Sas

Rossi Sas

Vice-President, Investments

For over 30 years of investing in private real estate, Trinity has been able to achieve strong risk adjusted returns sought after by our sophisticated institutional partners.

Rossi joined Trinity in 2015 as a financial analyst. He is responsible for sourcing, underwriting, and negotiating acquisitions and dispositions across Canada. He is also responsible for project financing and joint venture agreements.

Rossi has over 10 years of experience in direct real estate investment, asset management and development, in addition to financing. Rossi has transacted on over $1.3B of assets across retail and multi-family asset classes as well as land development.

Rossi received an Honours Business Administration degree from the Ivey Business School at Western University.

John Ruddy

John Ruddy

Executive Chairman

Fred Waks

Fred Waks

President & CEO

Adam Cohen

Adam Cohen

Chief Financial Officer

Ahmed Sayed

Ahmed Zayed

Vice-President, Construction & Design.

David Scorniaenchi

David
Scorniaenchi

Vice-President, Leasing

Bradley Gordon

Bradley
Gordon

Vice-President, Operations

Rossi Sas

Rossi Sas

Vice-President, Investments

Bradley Gordon

Bradley Gordon

Vice-President, Operations

Exceptional properties attract exceptional tenants. Through holistic management and strategic implementation, Trinity has managed to achieve both.

Bradley joined Trinity in 2020 as Vice-President, Operations

Bradley is responsible for the management of Trinity’s existing property portfolio and the onboarding of newly acquired properties. He directly oversees tenant relations, property maintenance, contract negotiations, accounts receivable, and financial reporting.

Bradley has over 13 years of experience in property management, land development, and asset management. Throughout his career he has managed over 4.5 million square feet across commercial, residential, and industrial asset classes. Bradley holds the Professional Land Economist (PLE) designation.

John Ruddy

John Ruddy

Executive Chairman

Fred Waks

Fred Waks

President & CEO

Adam Cohen

Adam Cohen

Chief Financial Officer

Ahmed Sayed

Ahmed Zayed

Vice-President, Construction & Design.

David Scorniaenchi

David
Scorniaenchi

Vice-President, Leasing

Bradley Gordon

Bradley
Gordon

Vice-President, Operations

Rossi Sas

Rossi Sas

Vice-President, Investments

David Scorniaenchi

David Scorniaenchi

Vice-President, Leasing

Forged by strong tenant relationships and a first-class, mixed-use portfolio, Trinity is an industry leader in creating a desirable sense of place for our diverse retail mix

David Scorniaenchi is the Vice-President, Leasing, specializing in strategic lease negotiation. He joined Trinity in 2019 and brings over 13 years of experience in real estate.

David leads all aspects of Trinity’s leasing portfolio across Canada and our team of leasing professionals in driving value and delivering premium retail and office space to our tenants. He plays a significant role in managing relationships with partners and tenants, lease negotiations and transactions, design and development of future retail spaces, and maintaining a strong marketing program. Prior to joining Trinity, David served as Director, Real Estate at Dream Unlimited, responsible for the urban Toronto portfolio. He was instrumental in bringing an enhanced retail offering to the newly developed Canary District including Marcheleo’s grocery store. Earlier in his career, David managed a portfolio of shopping centres located in the GTA & Ottawa at Choice Properties REIT.

John Ruddy

John Ruddy

Executive Chairman

Fred Waks

Fred Waks

President & CEO

Adam Cohen

Adam Cohen

Chief Financial Officer

Ahmed Sayed

Ahmed Zayed

Vice-President, Construction & Design.

David Scorniaenchi

David
Scorniaenchi

Vice-President, Leasing

Bradley Gordon

Bradley
Gordon

Vice-President, Operations

Rossi Sas

Rossi Sas

Vice-President, Investments

Ahmed Sayed

Ahmed Zayed

Vice-President, Construction & Design.

B-Arch. M.Sc. (Arch), MREI, LEED AP

Ahmed Zayed is a seasoned professional with over 15 years of experience in real estate development, design, and construction. Ahmed joined Trinity in 2018, and he now oversees the design and construction management of all Trinity’s projects and developments.

Ahmed holds a Masters of Real Estate and Infrastructure (MREI) degree from Schulich School of Business, York University, Toronto, and a Master’s of Science in Architecture from Cairo University. He is also a LEED AP certified professional.

Throughout his career, Ahmed has successfully managed and directed diverse mixed-use developments and master plans. His proficiency extends to sustainable design, site feasibility analysis, building codes, and constructability. In addition to his work in Canada, Ahmed has also made significant contributions to the real estate landscape in Dubai, where he was involved in several landmark projects including One Za’abeel and the Deira Enrichment Masterplan.

Ahmed also serves as a Co-Instructor at the Schulich School of Business, York University, Toronto.

John Ruddy

John Ruddy

Executive Chairman

Fred Waks

Fred Waks

President & CEO

Adam Cohen

Adam Cohen

Chief Financial Officer

Ahmed Sayed

Ahmed Zayed

Vice-President, Construction & Design.

David Scorniaenchi

David
Scorniaenchi

Vice-President, Leasing

Bradley Gordon

Bradley
Gordon

Vice-President, Operations

Rossi Sas

Rossi Sas

Vice-President, Investments

Adam Cohen

Adam Cohen

Chief Financial OfficerCPA, CA

Trinity’s exceptional properties are supported by efficient capital allocation, a robust operational platform, and continued investment in our deep bench of talented professionals

Adam joined Trinity in 2022 as Vice-President, Finance.

Adam is responsible for all financial aspects of the firm, including financial planning and analysis, investor financial reporting, treasury, taxation, and IT.

Adam has extensive global experience in finance and real estate and has been involved in corporate transactions exceeding $1.5B. Prior to joining Trinity, Adam held progressively senior positions at Skyline Investments, European Commercial REIT, AGF Investments, and Goldman Sachs. In these roles, Adam was responsible for FP&A, investor relations, corporate strategy, deal execution, and system integrations.

John Ruddy

John Ruddy

Executive Chairman

Fred Waks

Fred Waks

President & CEO

Adam Cohen

Adam Cohen

Chief Financial Officer

Ahmed Sayed

Ahmed Zayed

Vice-President, Construction & Design.

David Scorniaenchi

David
Scorniaenchi

Vice-President, Leasing

Bradley Gordon

Bradley
Gordon

Vice-President, Operations

Rossi Sas

Rossi Sas

Vice-President, Investments

Fred Waks

Fred Waks

President & CEO

I want Trinity to be known for our ability to realize the full potential of an opportunity, and for having the expertise to deliver lasting value for our investors — and our communities.

Fred Waks joined Trinity in early 2015 as President and Chief Executive Officer.

Fred most recently held the position of President and Chief Operating Officer at RioCan, where he gained national recognition for being an integral part of the team who transformed the company into the largest retail landlord in Canada. During his tenure, RioCan grew from $100 million to $15 billion in assets. His profile and expertise have made him a sought-after expert on real estate development with top tier Canadian business media. Previously Fred was Chairman of the European Commercial Real Estate Investment Trust and Vice-Chair of Extendicare.  Most recently appointed as a member of the Board of Directors of the Ontario Energy Board. 

Fred is an active community leader and is involved with a number of local and national charities; he sits as Chairman on the Friends of Simon Wiesenthal Centre Board of Directors, he served as Past Chair of the Sunnybrook Hospital Foundation, Chair of Sherman Campus Leadership Committee, Honorary Trustee of the ROM, and Past Chair of the Jewish Foundation of Toronto. Fred is a recipient of the Queens Diamond Jubilee Medal for service to Canada and his community. Most recently, Fred was a proud recipient of the King Charles III Coronation Medal.

John Ruddy

John Ruddy

Executive Chairman

Fred Waks

Fred Waks

President & CEO

Adam Cohen

Adam Cohen

Chief Financial Officer

Ahmed Sayed

Ahmed Zayed

Vice-President, Construction & Design.

David Scorniaenchi

David
Scorniaenchi

Vice-President, Leasing

Bradley Gordon

Bradley
Gordon

Vice-President, Operations

Rossi Sas

Rossi Sas

Vice-President, Investments

John Ruddy

John Ruddy

Executive Chairman

MULTI-USE DEVELOPMENTS, SINGLE-MINDED EXCELLENCE

John Ruddy founded Trinity in 1992, having already established himself as one of Canada’s foremost and most respected developers. As Executive Chairman, John is responsible for leading the strategic direction of the organization, and is committed to continuing Trinity’s position as Canada’s leading real estate development group.

Trained as an architect, John began his career in the industry in 1977 before founding Trinity to focus on the then emerging large format retail centres. Under his leadership, Trinity has gone on to develop more than 25 million square feet in communities across Canada, employing industry-leading designs and creative mixed-use strategies.

John is a prominent and active philanthropist, serving as Honorary Chair at the Royal Ottawa Hospital Campaign for Mental Health, and spearheading their $25 million campaign to fund research, care and advocacy. He has also established the Trinity Foundation, providing support at the community level for youth education and sports, seniors, health and the arts. His passion for sports led him to be the champion and lead donor for the revival of the football program at Carleton University after a 15 year absence.

He is a majority shareholder of Ottawa Sports and Entertainment Group, which owns the CFL franchise Ottawa Redblacks, the Ottawa Fury Soccer Club, and the OHL Ottawa 67’s. Originally founded to re-establish CFL football in the nation’s capital, OSEG is also responsible for the revitalization of 48-acre Lansdowne Park — a redevelopment that exemplifies Trinity’s ambitious and forward-thinking approaches to vertical mixed-use developments.

John Ruddy

John Ruddy

Executive Chairman

Fred Waks

Fred Waks

President & CEO

Adam Cohen

Adam Cohen

Chief Financial Officer

Ahmed Sayed

Ahmed Zayed

Vice-President, Construction & Design.

David Scorniaenchi

David
Scorniaenchi

Vice-President, Leasing

Bradley Gordon

Bradley
Gordon

Vice-President, Operations

Rossi Sas

Rossi Sas

Vice-President, Investments