Andrew Tong has been promoted to the newly created position of chief investment officer for Concert Real Estate Corporation and Concert Properties Ltd. The new role continues a 27-year pattern of assuming more senior responsibilities within the organization he first joined in 1994.

Since 2016, he has guided Concert’s open-ended property fund and will continue to serve as managing director of the CREC Commercial Fund LP, which has built a portfolio of more than 11 million square feet of industrial and office properties in 72 properties, representing more than $2.2 billion in asset value. As well, he has worked in almost all facets of the company including, sales and marketing, acquisitions, development and asset management for commercial and residential properties.

“Andrew’s critical and strategic thinking will be necessary as we continue to grow and enhance Concert’s income-producing assets,” observes Brian McCauley, president and chief executive officer of Concert Properties.

“Concert is an exceptional place where you are always learning and being challenged to grow,” Tong says. “It has been my privilege to work on best-in-class projects and innovative transactions that drive value and returns for the pension funds and institutional investors who entrust us with their hard-working capital.”