Westbury International Builds Its Reputation One Project at a Time
President Michael H. DeGroote has no plans to make Westbury International (1991) Corporation one of the largest real estate developers in the country.
Instead he is successfully steering Westbury along a more "low-key" course marked by reputation and profitability.
"Westbury is a full-service real estate development Company, specializing in commercial/industrial land, residential development and property management" he says. "We take raw land and manage the development from design to final sale or occupancy. My philosophy is to work within our means. We do not speculate or enter into conditional sales. If we promote a residential or office project, we go ahead with it.
Westbury is located in Oakville. It began in 1991 with a residential property in London. Over the next few years the Company focused on the Oakville and Burlington area including 10 office building containing over 900,000 square feet. Now, Mr. DeGroote and his staff are concentrating on Oakville as a new commercial office market, making use of the reputation they have built to date.
"I live in Oakville and work in Oakville and I like having a hand in the growth of the community where I've been for some 25 years" he says. "I also have a very hands-on management style and I'd like Westbury's properties to be more local.
New projects taking shape over the next couple of years are:
- • Westbury Corporate Centre occupying 15 acres fronting on the Queen Elizabeth Way, East of Third Line, Oakville
- • Westbury Business Park II occupying 17.57 acres also fronting the Queen Elizabeth Way, East of Appleby, Burlington
Westbury's portfolio of managed properties included 40 tenants in over 900,000 square feet of class A office space in Oakville and Burlington. Westbury provides full service property management with a focus on customer satisfaction.