Chief Operating Officer Appointed at Dream Industrial REIT

Dream Industrial REIT Strengthens Executive Team with Appointment of Gord Wadley as Chief Operating Officer

Dream Industrial REIT, a leading player in the industrial real estate sector, today announced a significant enhancement to its leadership structure with the appointment of Mr. Gord Wadley as its new Chief Operating Officer (COO), effective January 1, 2026. This strategic move, welcomed by both Dream Industrial REIT and Dream Office REIT, underscores the Trust’s commitment to reinforcing its operational platform as it pursues continued growth and efficiency across its extensive portfolio.

In his new and pivotal role at Dream Industrial REIT, Mr. Wadley will assume comprehensive responsibility for all facets of the Trust’s portfolio operations. His mandate will include overseeing critical functions such as property management and leasing, ensuring streamlined execution and maximizing the value of the Trust’s assets in its key geographic markets.

A Proven Leader from the Dream Group

Mr. Wadley transitions to Dream Industrial REIT from his current role as Chief Operating Officer at Dream Office REIT, bringing a wealth of experience and an impressive track record built over many years within the larger Dream Group of companies.

His career at Dream Office REIT commenced in 2011, where he quickly ascended through various progressively senior positions, demonstrating consistent leadership and strategic impact. Notably, he served as Vice President, Leasing, and later as Senior Vice President, Commercial Properties. This trajectory provided him with deep, hands-on experience in managing and optimizing complex commercial real estate operations, particularly in crucial areas like tenant relations, portfolio strategy, and lease negotiations.

Prior to joining the Dream organization, Mr. Wadley honed his expertise in commercial brokerage at CB Richard Ellis (CBRE). In this capacity, he specialized in providing commercial representation to a diverse clientele of corporate customers, managing complex real estate requirements on both a domestic and international scale. His tenure at CBRE equipped him with a broad, market-based perspective, which has proven invaluable in his subsequent executive roles.

Academically, Mr. Wadley holds a degree from Acadia University and further distinguished his professional credentials by earning an MBA in Real Estate Leadership from the University of Fredericton, New Brunswick. This blend of practical, market-tested experience and advanced academic training makes him an ideal fit to lead the operational strategy for Dream Industrial REIT’s rapidly expanding platform.

Executive Commentary on the Strategic Appointment

The leadership of Dream Industrial REIT expressed considerable enthusiasm regarding Mr. Wadley’s upcoming addition to the team, highlighting the strategic advantages he brings to the organization.

Alexander Sannikov, President and Chief Executive Officer of Dream Industrial REIT, emphasized the value of Mr. Wadley’s proven capabilities: “We are excited to have Gord Wadley join the Dream Industrial team as Chief Operating Officer. Gord brings a proven track record of operational excellence, strategic leadership, and effective execution over many years at Dream that will further strengthen our robust operating platform across our key markets. As we continue to grow our platform and portfolio, Gord’s experience and insight will be instrumental in driving efficiencies and delivering value to our shareholders, employees, and customers.”

The sentiment was equally positive at Dream Office REIT, where executives acknowledged Mr. Wadley’s tremendous contributions while expressing support for his career progression within the broader Dream ecosystem.

Michael Cooper, Chairman and Chief Executive Officer of Dream Office REIT, shared his gratitude and well wishes: “On behalf of Dream Office REIT, I want to express our deep gratitude to Gord for fifteen years of exceptional leadership and commitment. Gord played an instrumental role in shaping our strategy, strengthening our operations, and building trusted relationships that have been central to our success. We are pleased to see Gord assume a great growth opportunity within the Dream Group so that he can continue taking on increasing contributions to the organization and provide seamless transition for Dream Office to the many talented leaders ready to take on more responsibility.”

Implications for Dream Industrial REIT

Mr. Wadley’s appointment signals a clear focus by Dream Industrial REIT on operational scalability and performance optimization. The industrial real estate market remains highly competitive, and having a seasoned executive dedicated to maximizing property efficiency, optimizing leasing strategies, and maintaining best-in-class property management is crucial for sustaining a competitive edge.

As Dream Industrial REIT continues to expand its footprint through acquisitions and development, Mr. Wadley’s experience in managing large, complex real estate portfolios will be vital in ensuring that growth is executed efficiently and integrates smoothly into the existing operational framework. His leadership is expected to drive enhanced operational metrics, ultimately contributing to improved financial performance and greater value creation for the Trust’s unitholders.

The transition, facilitated by the strong ties and collaborative structure within the Dream Group, is anticipated to be seamless. His move provides a significant advantage for Dream Industrial REIT while simultaneously creating new opportunities for talented leaders within Dream Office REIT to step into elevated roles, demonstrating the depth of executive talent across the organization.

The appointment of Mr. Gord Wadley as COO marks a key step in solidifying the future operational strength and strategic direction of Dream Industrial REIT as it enters the next phase of its growth trajectory.

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