TransGlobe acquires new Class A commercial property in Victoria, B.C.
Upper Harbour Place II, the first new Class A property built in Victoria in 5 years
Victoria, B.C. – August 10, 2007 –TransGlobe Property Management Services today announced the addition of a new, Class A state-of-the-art office building in Victoria , B.C. to its commercial management portfolio. Upper Harbour Place 2, located at 655 Tyee Road , is the first new Class A property built in Victoria in 5 years.
Upper Harbour Place 2 is located within minutes of Victoria 's downtown core and faces the Victoria Harbour . The building is flexible, consisting of five rentable levels with more than 100,000 square feet of commercial space, a large bike storage area, two levels of below grade parking as well as an access-card security system.
“This acquisition adds a real gem to TransGlobe's portfolio in B.C., and provides commercial tenants in Victoria with a new, high quality property” said Daniel Drimmer , President of TransGlobe. “The building is an important part of our growth strategy in the B.C. market. It is complements our growing commercial holdings in Victoria and Vancouver.”
TransGlobe has a wide-ranging portfolio of commercial and residential properties across Canada . The company entered the important B.C. market only two years ago and has continued to grow and diversify its residential and commercial holdings. Currently the company has commercial and residential properties in Victoria , Vancouver , Abbotsford, Burnaby , Coquitlam, Nanaimo , New Westminster , Surrey and Port Moody. Further expansion in the province is expected.
About TransGlobe Property Management: TransGlobe Property Management is the proprietor for multiple industrial, commercial and residential properties across Canada. The locations include a number of major population centers across British Columbia, Alberta, Ontario, New Brunswick, P.E.I. and Nova Scotia
With over a decade of experience, a portfolio that includes over 24,000 apartments and more than 5.2 million square feet of commercial space as well as an unwavering dedication to property management with integrity, TransGlobe is one of the most renowned and fastest growing landlord companies in Canada.
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