Toronto‑based Oxford Properties has tapped former OMERS executive Sara Queen to lead its U.S. operations. Queen will assume the role on July 20, moving to New York where she will report directly to Eric Plesman, president and CEO of the pension plan’s real‑estate arm. The change follows Randy Hoffman’s departure last year.

Queen’s appointment signals Oxford Properties’ intent to deepen its presence in the U.S. market, where the firm has already secured several high‑profile assets. Her experience at OMERS, which manages a portfolio worth billions, positions her to steer acquisitions and portfolio optimization amid tightening capital flows.

The leadership shift arrives as U.S. commercial real estate grapples with rising vacancy rates and shifting demand. Investors will monitor how Queen’s strategic focus on value‑add properties and data‑driven asset management impacts Oxford’s earnings and shareholder returns.

With Queen at the helm, Oxford Properties aims to consolidate its competitive edge in North America. The appointment underscores the firm’s commitment to leveraging seasoned talent to navigate a volatile market, potentially driving higher asset quality and profitability for stakeholders.