| July 18, 2006 |
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TransGlobe adds prominent Victoria flagship asset to an exceptional lineup of properties. |
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Victoria –BC – July 18, 2006 –TransGlobe Property Management announced today that the company is continuing to increase its presence in Victoria by adding a prominent flagship apartment building and retail complex to its already significant portfolio. Ownership and management of the property take effect immediately. |
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The property located at 425-475 Simcoe Street adds 177± apartment suites, consisting of 1 and 2 bedroom units, to TransGlobe’s growing portfolio. |
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This impressive building is part of the city’s skyline and is located in the hub of the James Bay area. Just blocks away from the downtown seawall and the Provincial Legislative Buildings, residents have plenty to see and do in this sought-after BC community. |
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“Victoria is a desirable place to live and work in. It boasts some of Canada’s most temperate climates, diverse populations and has a strong economy. We are proud to have a presence here and will continue expansion in this desirable region of British Colombia,” says TransGlobe President Daniel Drimmer. |
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Within the vicinity is Vancouver’s Inner Harbour and the Port Angeles Ferry, with near-by attractions such as the Royal British Columbia Museum, Toussard Wax Museum, Imax Theatre and more. |
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On the premises is a retail complex complete with a Thrifty Foods grocery store, Starbucks, drycleaner’s and other shops. As well, residents have the convenience of an on-site gymnasium, swimming pool, sauna and underground parking. |
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As part of the company’s dedication to improving the lives of its residents, the property is also slated for interior and exterior upgrades, which will further enhance the building’s appearance, giving residents a more comfortable and attractive space to call home, as well as a convenient place to shop. |
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“Our residents have responded positively to the upgrades we have made to properties in the past. It communicates to them that we value our investment and that we are committed to providing them with comfortable, well-maintained and well-managed residences. We will continue to maintain the high standards our tenants have come to expect,” comments Leonard Drimmer, TransGlobe CEO. |
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About TransGlobe Property Management: TransGlobe Property Management is the landlord for multiple industrial, commercial and residential properties from coast-to-coast. Locations include Halifax, Ottawa, Cornwall, the GTA, Burlington, Kitchener-Waterloo, London, Vancouver, Victoria and other major population centres.
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With more than a decade of management experience, a portfolio that includes approximately 15,000 apartments and over 4.2 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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