P.K. (Phil) Nanavati is a Principal, the Broker of Record and President of Martel Commercial Realty Inc., Brokerage. He has been a licensed Realtor since 1980 first in Victoria, B.C. and currently in Burlington, Ontario (a suburb of Toronto). In 1988, Phil was awarded the prestigious SIOR Specialist in Industrial and Office Real Estate designation by the Society of Industrial and Office Realtors in the active office category. He is Past-President of the Society and has been President of the Central Canadian Chapter as well as on the international board of directors. Apart from his real estate education, Phil has passed the Canadian Securities Course, has a Bachelor of Science Degree from M.I.T. and a Master of Science Degree from the University of Calgary. Phil is a member of the Commercial division of the Realtors Association of Hamilton/Burlington, past chair of the Ontario Real Estate Association’s Commercial Council and Chair-Elect of the Canadian Real Estate Association’s Commercial Council.

P. K. (Phil) Nanavati, SIOR

Broker of Record

Fengate Real Estate Ltd., Brokerage

105, 3425 Harvester Road

Burlington, Ontario

L7N 3N1

Telephone: (289) 288-3808

Facsimile: (289) 288-3821

Summary of Qualifications

A thorough, precise, highly dedicated real estate professional with over thirty seven years experience in various areas of real estate sales and marketing.

Education:

June 1995: CCIMcourse 200

June 1994: CCIMcourse 301

June 1989: CCIM courses 100 & 101

February 1987: OREA Brokers Course

January 1982: BCREA Real Estate Brokers Course

May 1981: BCREA Real Estate Salesperson Course

September 1980: Canadian Securities Course

December 1976: Master of Science - University of Calgary

May 1973: Bachelor of Science - MIT

May 1969: Grade 13 - University of Toronto Schools

Memberships and Affiliations:

Member of the Realtors Association of Hamilton/Burlington

Member of the Ontario Real Estate Association

Member of the Canadian Real Estate Association

Member of the Society of Industrial and Office Realtors

Member of the Burlington Chamber of Commerce

Member of the Burlington Economic Development Corporation

Employment Record:

July 2013 - President/Broker of Record

Present Fengate Real Estate Ltd., Brokerage

Burlington, Ontario, Canada

January 1995 - President/Broker of Record

July, 2013 Martel Commercial Realty Inc., Brokerage

Burlington, Ontario, Canada

June 1987 - Broker/Manager

December 1994 Martel Realty Ltd.

Burlington, Ontario, Canada

June 1985 - Director - Real Estate Sales and Leasing

June 1987 Lush Realty Corp.

Burlington, Ontario, Canada

February 1983 - Sales Associate

May 1985 Peter G. Lush and Associates

Burlington, Ontario, Canada

May 1982 - Sales Representative

January 1983 Nu-West Developments

Willowdale, Ontario, Canada

May 1980 - Sales Associate

May 1982 CENTURY 21 Western Homes Ltd.

Victoria, B.C., Canada

March 1979 - President

Present Sterling Development Corporation

Victoria, B.C., Canada

August 1978 - Project Manager

January 1979 Cascade Development Corporation

Calgary, Alberta, Canada

February 1978 - Administrator

August 1978 Harbour Square Commercial Complex

Victoria, B.C., Canada

January 1977 - Manager

January 1978 Harbour Square Squash Club

Victoria, B.C., Canada

Summary of Highlights:

During his tenure at Martel Commercial Realty Inc., Brokerage, Mr. Nanavati was the top sales person in the Martel organization a total of five times.

In 1997 Mr. Nanavati was the selling broker for three large parcels of development land in the City of Burlington. One of the properties was marketed on behalf of the Canada Lands Corporation and the other two were for private sector clients.

In 1996 Mr. Nanavati was chosen as the lead consultant for Union-Centra Gas to advise them on the marketing of surplus office real estate holdings in North York Ontario. This project involved an international marketing effort with advertising, direct mail to over 2,000 prospects as well as co-ordinating the exposure of the project through the real estate boards of Ontario.

In 1995 Mr. Nanavati joined with four other sales associates to form Martel Commercial Realty Inc. An independent Burlington based full service commercial real estate brokerage company that has since expanded to twelve sales staff.

In 1988 Mr. Nanavati was awarded the prestigious SIOR (Society of Industrial and Office Realtors) designation, in 1992 he was elected president of the Central Canadian Chapter in 1993 was elected to the National Board of Directors and in 2001 was elected President of the Society.

As Broker/Manager for Martel Real Estate , Mr. Nanavati was the selling manager of the Burlington commercial sales/leasing office managing a group of 8 sales associates and support staff.

As the Director of Real Estate Sales and Leasing for Lush Realty Corp., Mr. Nanavati was responsible for the co-ordination of all real estate activity. Lush Realty Corp. was an active commercial real estate brokerage organization in the Halton market with a strong development bias.

As a sales associate with CENTURY 21 Western Homes Ltd., Phil averaged over one million dollars in real estate sales each year and was their top salesperson in 1981. Also in 1981, he was one of the top 50 salespersons of the 1,000 plus member Victoria Real Estate Board.

As project manager for Cascade Development Corporation, Mr. Nanavati was responsible for the development of over 600 M.U.R.B. units in Calgary, Alberta. Duties included liaison with various levels of government, utility companies, architects, lawyers, surveyors, builders, property managers and sales staff.

As administrator of the Harbour Square Commercial Complex, Phil was manager in charge of over 45,000 square feet of office space, 90,000 square feet of retail mall space, 20 luxury condominium apartments, a squash club and a 200 car underground parking garage.