About Us
Dunne Properties
Successful property development and management through respect and strong partnerships.
Dunne Properties had modest beginnings back in 1995 when Stephen Dunne, his wife, Joanne, and a partnership group acquired commercial land at the Historic Railyards in Kensington, Prince Edward Island, and constructed three new retail buildings totaling 10,000 square feet.
In addition to being the company’s first property development initiative, the project was also significant because the developers had a strong sense of community and saw the need for a design that complemented the architectural style of Kensington Railway Station, a National Historic Site of Canada.
Once the development was completed, Dunne Properties took on the role of property manager. From the beginning, Stephen and his team were respectful of tenants, got to know them well, and developed a great rapport. In 2015, the properties were sold to local ownership and remain a focal point for the community.
“Dunne Properties strive to be a responsive landlord. They not only listen to tenants, but pro-actively maintain the properties so they remain attractive and appealing to staff, diners and clients alike.”
Dunne Properties’ next development venture was in 2000 when Stephen, Joanne and another partnership group purchased and renovated two historic buildings in Charlottetown…what are now the Gahan House at 124 Sydney Street and the Sims Corner building at 86 Queen St. These classic buildings feature two of Charlottetown’s best-known restaurants on the ground floors, and office space on the upper floors. Once again, the company took on the role of property manager post-renovation.
Graphic Communications is an office tenant at 124 Sydney. Company president Craig MacLeod has this to say about his landlord: “Dunne Properties strive to be a responsive landlord. They not only listen to tenants, but pro-actively maintain the properties so they remain attractive and appealing to staff, diners and clients alike.”
The results of being tenant-focused and pro-active on property maintenance and upkeep are high occupancy and low tenant turnover. It’s a win-win relationship for everyone.
Dunne Properties and their investment partners have continued to expand their property development and management portfolio in the Charlottetown area in both commercial and residential properties. Click on either Residential or Commercial below to see the portfolios.
Today, Dunne Properties and its partners own and manage more than 150,000 square feet of high quality rental space that is called “home” by more than 500 PEI residents and workers. There are more developments on the horizon and the company has a firm commitment to stay true to its respect and strong partnership roots.