THE MOST TRUSTED NAME IN COMMERCIAL REAL ESTATE!
At Related Holdings Ltd., we’re more than property owners, we’re builders of opportunity. Rooted in Grand Falls-Windsor, we create spaces where local businesses can grow, connect, and belong. Every building we restore, lease, or reimagine adds new energy to our community
Every square foot we lease is designed to help local entrepreneurs, professionals, and creators thrive right here in Newfoundland.
Tenants aren’t numbers to us, they’re partners. We believe in doing the little things right, and the big things with heart.
Through revitalization, innovation, and authentic Newfoundland character, we’re reimagining what local business spaces can be.
We invest in community, not just property. Our buildings are living parts of the town where ideas spark, businesses grow, and neighbours connect.
Grand Falls-Windsor, NL
Head Office
WHY CHOOSE RHL
Local Ownership, Local Advantage
We live and work where you do. Decisions are made right here in Central Newfoundland fast, flexible, and built on real relationships, not red tape.
Spaces That Help You Grow
From modern offices to retail storefronts, our properties are designed for visibility, functionality, and long-term success with the option to scale as your business expands.
More Than a Lease — It’s a Partnership
RHL tenants gain access to our local marketing network, digital ad screens, and community platforms like Exploits Connect; giving your business added exposure and support you won’t find anywhere else.
OUR STORY
What sets Related Holdings apart is not what we do, but how we do it. We think outside of boxes, buildings and business lines. We simply think differently and that produces innovative outcomes. We are a partner who is invested in seeing every tenant succeed.
We practice ingrained values such as integrity and honesty, which act as the foundation to all our development activities. Our goal is to exceed expectations through actively managing tenant resolutions, maintenance management and lease negotiations.
Every business has a beginning and we could write a book on Related Holdings Ltd. Like a lot of businesses, RHL has survived some tough times and has come out on top. Preston Pardy is the President and CEO of Related Holdings Ltd, part of the Gray Press Holdings group of companies.
The Cara Complex
Constructed in the 1940s, was home to Newfoundland Telephone, the original Angio Telephone building.
The Old Bank
Constructed in the 1930s, this building was built for Bank of Montreal. The building still contains the original two vaults.
The Depot
The old town Depot on Lincoln Road was constructed in the 1960s.
ProCon Building
The ProCon building has 3 ground level suites and 2 second floor suites, with a certified wheel chair lift.
OUR MISSION
Related Holdings Ltd. is dedicated to revitalizing and enhancing the economic vitality of our small-town communities through strategic commercial real estate leasing solutions. Our mission is to be the trusted partner of choice for local businesses and property owners, facilitating mutually beneficial lease agreements that promote sustainable growth, foster vibrant town centers, and create thriving environments for commerce. We are committed to maintaining the highest standards of integrity, transparency, and professionalism in all our dealings, ensuring the prosperity of our clients and the long-term prosperity of the communities we serve.
At Related Holdings Ltd., our mission is deeply rooted in community development. We strive to transform vacant spaces into bustling hubs of commerce, helping small-town businesses flourish and creating a sense of place that residents can be proud of. Through a focus on innovative leasing strategies, collaborative partnerships, and a dedication to maintaining the unique character of each town, we aim to foster economic growth, job creation, and a stronger sense of community. Our vision is to be a catalyst for positive change in the small towns we serve, making them vibrant, thriving, and economically resilient for generations to come.
We are a full service commercial real estate company with a long-standing reputation for providing the highest level of service. Our mission is to serve our clients as partners in their future and to focus on growing relationships by providing quality solutions through a combination of experience, talent and teamwork with a commitment to values. Our clients success is our success
Find the PERFECT SPACE
Founded in June 1977, by Frank Pardy, Related Holdings Ltd is a Newfoundland owned and operated commercial real estate company.
Related Holdings Ltd began as a family business and still is.
But over the decades, it’s become something more:
A community of families, a network of local businesses, and a pillar of the Exploits Region’s downtown revival.
Today, under the leadership of Preston Pardy, that same spirit continues rooted in loyalty, trust, and the belief that when one business grows, we all grow.
Est. 1977
WHEN LIFE HITS HARD — BUILD SOMETHING STRONGER
After his daughter’s hockey tournament in April 2022, Preston Pardy, a local coach and entrepreneur, came home feeling unusually unwell. What began as a precautionary hospital visit quickly escalated into a medical emergency: Preston had suffered multiple heart attacks.
After a very lengthly delay, 11 days later, he was rushed from Grand Falls-Windsor to St. John’s for testing. He was told that he needed bypass surgery immediately. After waiting days, cancelled surgery after cancelled surgery, Preston was flown to Ottawa for open-heart surgery. There, doctors performed a triple bypass and repaired a leaky heart valve.
Recovery was anything but easy. With his heart functioning at less than 30%, a defibrillator implanted, and later a diagnosis of Crohn’s disease, most people would have slowed down. But Preston could not.
Unable to lift much more than a paint can, he still spent countless nights at what would become Pardy Central transforming an empty space into a vibrant community hub. His determination paid off. Today, Pardy Central stands as one of Central Newfoundland’s busiest venues, hosting birthdays, team builders, and private events that bring families and athletes together.
But that was just the beginning.
Soon after, Preston took on a challenge that many others had passed over: the old Town Square Mall, a distressed property in downtown Grand Falls-Windsor. Where most saw risk, he saw potential. Through vision and hard work, he transformed it into The High Street Hive, a thriving business and creative hub now home to over a dozen local companies and numerous jobs, helping to breathe new life into the downtown core.
His drive to create opportunity didn’t stop there. Most recently, with his digital marketing background with Gray Press Media Inc, Preston as now launched The Local Advertising Machine, a growing network of digital video screens including the massive 150-inch video wall, the largest in Central Newfoundland. The platform gives small businesses a new way to reach customers while supporting the local economy and strengthening community connections.
Though new projects are already in development, Preston’s story is less about the businesses he’s built and more about the resilience behind them.
His journey is a reminder that setbacks don’t define you, your response does.
For anyone facing illness, loss, or roadblocks of their own, his message is simple:
“If life knocks you down, rebuild. If you’ve got a dream, chase it. You never know who you might inspire, maybe even your own kids watching you refuse to give up.”
Anyone who’s ever been knocked down, told to slow down, or thought their best days were behind them.
If life throws you a setback don’t stop.
If you’ve got a dream go after it.
If you’re tired build anyway, your strength might just become someone else’s hope.