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Building operations · Oct 23, 2024 · 52 min

Managing 37 Million Square Feet Like an Owner

DFWith Denise FroeseSVP, National Property Management, Triovest

Key takeaways

How Triovest manages like an owner

  1. Manage like an owner because you are one. Triovest owns assets as well as managing them for clients, and brings the same care and foresight to both.
  2. Hire for fit as much as skill. Culture is one of the best ways to keep people, so Triovest uses multiple interviews and brings in people from other teams before making key hires.
  3. Build one national platform. A steering committee and subcommittees with members from every region set realistic goals each year and roll out best practices consistently.
  4. Look past price when choosing vendors. Triovest is building a balanced scorecard that weighs past performance, sustainability, and how well a company takes care of its staff.
  5. Make sustainability everyone’s job. Every team member, including Denise, has sustainability goals, and building teams run tenant workshops to help reach Triovest’s emissions targets.

About the guest

DF

Denise Froese

SVP, National Property Management, Triovest

Denise leads national property management at Triovest, which manages about 37 million square feet of office, retail, and industrial space across Canada. She began her career as an economist, then spent almost 18 years at a major Calgary energy company, where she oversaw corporate real estate and facilities. She holds an MA in economics and an associate broker licence.

Episode summary

In this episode

Denise Froese came to property management after careers in economics, energy industry advocacy, and almost 18 years at a major Calgary energy company. There she led corporate real estate and facilities, including moving 2,000 employees into a new head office over 12 weekends.

She credits her service mindset to growing up working in her parents’ small businesses, and explains how she leads a national team, hires for fit, and keeps Triovest consistent across regions. She also walks through Triovest’s progress toward net zero and the role tenants and green leases play.

Denise shares the trends she is watching, from AI to downtown vibrancy, her advice for aspiring property managers, and how Triovest is moving beyond price when it chooses janitorial partners.

From the conversation

Transcript excerpts

We don’t just think and act like an owner but we are owners. So we try and bring that same level of care and diligence and strategic foresight to the assets that we third party manage…

Denise FroesePlay from 0:08

They always do the right thing and they’ve made me believe that my perspective matters.

Denise FroesePlay from 0:39

I really think my parents were… masters at customer service.

Denise FroesePlay from 10:14

Looking for a janitorial partner that keeps its people?

We’ll walk your building with you and send a written cleaning scope and price. Free, no obligation.

Read the conversation

Full episode transcript

Show transcript

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FAQ

Questions about this episode

How does Triovest choose janitorial companies?

Cost has traditionally driven the decision, but Triovest is introducing a balanced scorecard for proposals that weighs past performance, sustainability, and other factors. Denise wants stable, consistent staff and is looking at how well a company takes care of its people, with cost as one consideration rather than the only one.

What sets Triovest apart in property management?

Triovest is an owner as well as a third-party manager, so it brings an owner’s care to client assets. It also runs a single national platform, so best practices, training, and workflows are consistent in every region.

What book does Denise recommend?

The Cultural Intelligence Difference by David Livermore. It explains how to understand different perspectives and adjust your behaviour as a leader, and includes an online self-assessment.

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