Third Space Properties Inc.

About Third Space Properties Inc.

Third Space Properties Inc. is a real estate operator headquartered in San Francisco, CA. Third Space Properties Inc. operates in Vancouver, British Columbia, Canada. Its investment focus is on Condominiums, Industrial and Logistics.

Third Space Properties Inc. is a private, purpose-driven real estate investment, development, and management firm headquartered in Vancouver, British Columbia. Founded in 2020, the company has 6 years of continuous operating history. The firm manages its regional portfolio with a dedicated professional workforce of 11 to 50 employees. The enterprise focuses its real estate strategy on a diversified portfolio that includes residential, mixed-use, office, retail, and industrial assets. Its business model integrates a triple-bottom-line approach—prioritizing people, planet, and profit—with a specific emphasis on increasing housing affordability in Vancouver through its "Third Space Ratio" model. This initiative aims to deliver one below-market rental home for every three market-rate homes built, targeting a 25 percent affordability threshold across its developments. The company manages a portfolio of at least 20 properties located throughout Metro Vancouver and the Fraser Valley. Its development activities include purpose-built rental communities, condominiums, and light-industrial facilities.

Principals at Third Space Properties Inc.