| December 12, 2006 |
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New Mississauga apartment building acquisition example of TransGlobe’s ongoing growth strategy. |
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Mississauga–ON– December 12, 2006 –Today’s acquisition of an apartment building in Mississauga is the latest addition to TransGlobe Property Management Services’ growing residential lineup in the GTA. |
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Located at 7 Elizabeth Street North, the property’s major intersection is at Elizabeth Street North and Lakeshore Road East. This deal adds 76 units to the company’s already sizable residential portfolio of over 18,500 units and offers a variety of bedrooms for rent. |
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As Canada’s sixth largest city, boasting a diverse cultural mix and vibrant business community, Mississauga is a prime destination for the property management leader and renters within the GTA. |
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"We have been steadily growing our holdings in Mississauga and across the GTA and are happy to add this property to the mix. This deal represents our third property in the Port Credit area and offers everything you need. You can live and work here and have plenty of things to see or do without ever having to leave the city," says TransGlobe President Daniel Drimmer. |
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As advocates for affordable housing, the company believes in making apartments accessible to everyone and rents its suites at reasonable rates. It also ensures that quality is not compromised by setting high service standards as a norm within the organization. |
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TransGlobe’s newest tenants will have the benefit of living in a building that is safe, well-maintained and well-managed. The property will undergo both exterior and interior renovations all with the tenants’ comfort in mind. They will also have quick response to service enquires and tenant issues and can talk with a TransGlobe representative anytime of the day or night through the company’s 24-hour-a day, 7-day-a-week Customer Care Centre. |
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"Service is top priority at TransGlobe because it is very important to our tenants. It is not just enough to provide them with apartments. This must accompany a commitment to providing residents with the best possible rental experience and that is what we aim to do. By putting the tenant at the centre of our operation, we have been able to provide service that is unmatched in the industry," says TransGlobe CEO, Leonard Drimmer.
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Ownership and management of the property begins today. |
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About TransGlobe Property Management: TransGlobe Property Management Services 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.
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With more than a decade of management experience, a portfolio that includes over 18,500 apartments and more than 5 million square feet of commercial space, TransGlobe is dedicated to property management with integrity. |
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If you would like more information about this topic, or to schedule an interview with Daniel Drimmer, President or Leonard Drimmer, CEO, please call Brenda Hajdu at 416-234-8444 ext. 1920 or email bhajdu@GOtransglobe.com. |
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