| January 25, 2007 |
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TransGlobe kicks off 2007 with the purchase of three buildings in Vancouver. |
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Vancouver–BC– January 25, 2007 –TransGlobe Property Management Services, has set its sights on the Greater Vancouver Regional District again after acquiring three apartment buildings in Vancouver today. This deal comes on the heels of a two-building acquisition in Burnaby and New Westminster last month.
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The properties, located at 2250 Dundas Street, 8678 Osler Street and 1323 West 71st Avenue, together, add another 87± apartments units to the company’s ever-growing residential portfolio of over 19,000 units. The buildings offer a variety of suites to suit various lifestyles. |
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One of the largest metropolitan areas in Canada, with prime rental locations throughout the GVRD, the region has been on TransGlobe’s radar since it entered BC’s rental market in July 2005. |
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"Vancouver is a fantastic city. We are proud to grow our presence in a city that has so much to offer its residents. We are committed to providing affordable homes to our tenants and our newest residents will benefit from accessible housing that is well-maintained and well-managed,” says TransGlobe President, Daniel Drimmer." |
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A core philosophy of the company is to acquire mid-market assets and leverage them to provide quality housing to its tenants. TransGlobe’s newest tenants will benefit from affordable, quality housing that is within the reach of renters. |
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TransGlobe employs and trains some of the most highly qualified Building Representatives in the industry and ensures that buildings meet TransGlobe’s superior standards through its Quality Assurance Department. Moreover, maintenance and tenant issues are handled in a timely, professional manner through the company’s 24-hour, 7-day-a-week Customer Care Centre. |
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"Our main goal is to keep our tenants happy. We are able to meet our objective by providing exceptional customer service that is unmatched in the industry. We go beyond offering affordable apartments by ensuring tenant satisfaction above all," contends Leonard Drimmer, TransGlobe CEO.
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TransGlobe assumes ownership and management of the properties today. |
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TransGlobe entered the Nova Scotia rental market in May, 2005 and currently owns and manages over 1,800 apartment units throughout HRM. Ownership and management of the properties begin 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 19,000 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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