Toronto , ON – April 4, 2007 – TransGlobe Property Management is proud to announce the acquisition of 40± residential suites in Napanee and Kingston , Ontario . TransGlobe takes ownership and management of these properties on April 5, 2007.
This is the company's first entrance into the cities of Napanee and Kingston and further solidifies TransGlobe's commitment to expand in new Canadian rental markets.
The properties offer a variety of rental suites to choose from and provide one, two and three bedroom apartments. The buildings are located at:
- 252 Belleville Road , Napanee
- 36 Raglan Street , Napanee
- 44 Linton Street , Kingston
The Belleville Road property offers convenience with easy access to Highway #401 and the Raglan building rests directly on the beautiful Bay of Quinte . Both locations provide residents with local amenities including nearby shops and schools nearby. The new Kingston property is located near the heart of Kingston and is merely minutes from Victoria Park.
The Canadian company has quickly become renowned for implementing community investment programs by devoting significant capital into its properties. TransGlobe will implement a number of upgrades and enhancements to the properties with a focus on the lifestyle needs of the Residents. Plans include:
· Exterior upgrades to beautify the properties such as landscaping, exterior façade work and enhanced signage.
· Extensive interior upgrades to include suite upgrades, bathroom renovations, ceramic tiles, kitchen countertops
· Numerous lobby and common area upgrades
“We are delighted to be expanding into two new cities today. Both Kingston and Napanee represent strong rental markets for us to grow in ”, notes Daniel Drimmer, President of TransGlobe.
The property management company maintains its philosophy to provide affordable rental housing and stands behind its commitment to preserve community living by investing capital into its holdings.
About TransGlobe Property Management : TransGlobe Property Management is the landlord for multiple industrial, commercial and residential properties from coast-to-coast. Locations include Halifax , Saint John , Ottawa , Cornwall , the GTA, Burlington , Kitchener-Waterloo, London , Calgary , Vancouver , Victoria and other major population centres.
With more than a decade of management experience, a portfolio that includes over 21,500 apartments and more than 5.2 million square feet of commercial space, TransGlobe is dedicated to property management with integrity.
