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Nico Zentil

Nico Zentil*

Senior Vice President

*Sales Representative

Capital Markets

License: *Sales Representative

Nico Zentil* Senior Vice President
Capital Markets *Sales Representative
Ottawa Commercial Real Estate Preston Square
333 Preston Street
7th Floor
Ottawa, Ontario K1S 5N4

Professional Experience


Nico specializes in the acquisition and disposition of investment properties for corporate, institutional and private equity investors on a local and national level.

As a member of CBRE's National Investment Team – comprised of certain leading investment sales professionals across North America – Nico heads the Ottawa Capital Markets desk and is responsible for deal origination and execution in the National Capital Region.  Since 2011, Nico has completed over $3.5B in sales comprising some of Ottawa's largest and most high profile investment transactions including the sale of Constitution Square (1,060,000 SF, $480M, downtown office) which represented the largest deal in Ottawa's history; Minto Place (945,000 SF, $195M[50%], downtown office complex); and the Minto Low Rise Portfolio (850 suites at $180M).  Having actively worked in both the Toronto and Ottawa market, Nico has developed a strong client base and past successes have been the result of his ability to run an efficient and effective process for each assignment.

Nico is often quoted in the media on the subject of investment real estate and frequently participates in public speaking engagements. Marketing, underwriting, due diligence, and transactions are all part of the services Nico provides.




  • Consistent top producer in the Ottawa office since 2011
  • Recipient of a Best in Ottawa Business (BOBs) award for real estate deal of the year (2017)
  • 2012 – Brokered the largest industrial deal in Ottawa's history - Innes Business Park ($79M)
  • 2016 – Brokered the single largest multi-family transaction in Ottawa's history - Minto Portfolio ($180M)
  • 2017 – Completed the single largest real estate deal in Ottawa's history - Constitution Square ($480M)


Significant Assignments


Significant Portfolio Trades
  • Blackberry Portfolio, Suburban Office, 2,500,000 sq. ft., $305,000,000
  • Main and Main Portfolio, Development, 2,100,000 sq. ft., $298,000,000
  • Minto Low Rise Portfolio, Multi-Residential, 850 Suites, $180,250,000
  • Sunlife Portfolio, Industrial, 670,198 sq. ft., $78,750,000
  • DREAM Portfolio, Office, 425,000 sq. ft., $74,300,000
  • Investors Group Portfolio, Industrial, 556,234 sq. ft., $68,150,000
  • Minto Portfolio, Industrial, 285,000 sq. ft., $37,750,000
  • 1250-1270 Humber Place, Industrial, $32,800,000


Significant Individual Trades
  • Constitution Square, Downtown Office, 1,060,000 sq. ft., $480,600,000
  • Minto Place, Downtown Office Complex, 945,000 sq. ft., $195,500,000 (50% interest)
  • Minto Place, Downtown Office Complex, 945,000 sq. ft., $135,000,000 (33% interest)
  • 319 McRae Avenue, Joint Venture Equity Raise, +215,000 sq. ft., $80,000,000
  • 234 Laurier Avenue, Downtown Office, 452,000 sq. ft., $75,500,000
  • 215 Slater Street, Downtown Office, 110,000 sq. ft., $66,000,000
  • Merivale Shopping Centre, Retail, 219,000 sq. ft., $57,460,435
  • 1100-1101 Polytek Road, Industrial, 242,766 sq. ft., $42,500,000
  • 150 Metcalfe Street, Downtown Office, $40,500,000
  • 5705 Hazeldean Road, Retail, 137,000 sq. ft., $37,450,000
  • 2200-2204 Walkey Road, Office, 158,898 sq. ft., $28,500,000
  • 90 George Street, Downton Retail/Office, 50,797 sq. ft., $24,500,000
  • 425 Legget Drive, Suburban Office, 129,000 sq. ft., $22,400,000
  • 2215 Gladwin Crescent, Industrial, 201,000 sq. ft., $22,000,000
  • 59 Camelot Drive, Suburban Office, 106,000 sq. ft., $21,500,000
  • 305 Rideau Street, Multi-Residential Land, 220,000 sq. ft., $16,250,000
  • 415 Legget Drive, Suburban Office, 195,000 sq. ft., $16,000,000
  • 81 Metcalfe Street, Downtown Office, 56,000 sq. ft., $14,500,000
  • 1081 Carling Avenue, Urban Office, 56,000 sq. ft., $13,200,000
  • 1481 Michael Street, Industrial, 107,000 sq. ft., $12,000,000
  • 251 Laurier Avenue, Downtown Office, 56,000 sq. ft., $11,500,000


Professional Affiliations/Accreditations


  • Real Estate License registered with the Real Estate Council of Ontario (RECO).




  • University of Ottawa Bachelor of Arts (Hons)
  • Harvard Executive Education - Harvard Law School Program on Negotiation




  • Broccolini Construction
  • Bridgeport Realty Capital Partners
  • Brookfield
  • Canada Pension Plan Investment Board
  • Canderel Developments
  • Canril Corporation
  • CMHC
  • City of Ottawa
  • DREAM Office REIT
  • GWL Realty Advisors
  • Investors Group
  • Manulife Investments
  • Morguard Investments
  • Minto Properties
  • North American Development Group
  • Ontario Realty Corporation
  • Oxford Properties
  • Public Works & Government Services Canada
  • Standard Life Realty
Nico Zentil* Senior Vice President
Capital Markets *Sales Representative
Ottawa Commercial Real Estate Preston Square
333 Preston Street
7th Floor
Ottawa, Ontario K1S 5N4