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Lenny Drimmer
Leonard Drimmer
CEO

News / Press Releases

July 16, 2007

TransGlobe adds prime located twin towers comprising 425 units and 15,000 square feet of rentable space as continuation of its unparalleled growth in the heart of Waterloo .

Waterloo , Ontario – July 16, 2007 TransGlobe Property Management Services is proud to announce the acquisition of a twin tower residential complex in the heart of Waterloo , Ontario .  The deal strengthens the company's foothold in the city and is in line with its philosophy of providing value-added and affordable rental housing in a variety of regions across the country.

The 18-storey towers are located at:

· 300 Regina Street North , Waterloo

The buildings offer plenty of outdoor and underground parking, a lobby with an intercom system, as well as a card-operated laundry that is located in the basement.  Tenants can choose between one, two and three bedroom suites with spacious rooms and large walkout balconies.  They also have access to an exclusive recreational centre, complete with two sport courts, an exercise room, a sauna, a billiards area as well as an impressive indoor pool. 

“We are very happy to be able to strengthen our presence in the beautiful community of Waterloo .  This particular property allows for exactly the kind of rental experience that we wish for our tenants to enjoy: clean, well equipped and conveniently located,” comments Daniel Drimmer, the President of Transglobe. 

The complex is also just steps away from University of Waterloo and Wilfrid Laurier University , thus making it the perfect destination for students who call Waterloo home during the time of their studies. 

The property is conveniently located in a residential neighborhood within minutes of downtown Waterloo and is easily accessible by Hwy. 85 and via public transit.  Trees, foliage as well as a number of parks surround the area .  It also offers proximity to a variety of retail and grocery amenities as well as Waterloo 's vibrant social life with a number of neighboring cafes, restaurants, lounges and nightclubs.

All of the building's tenants immediately benefit from TransGlobe's service-driven culture.  The company's 24-hour, 7-day-a-week Customer Care Centre and tenant service fleet h andles all maintenance and tenant issues in a timely and professional manner.  There is also a full-time, on-site Building Representative to look after the everyday upkeep and cleanliness of the facilities.

“We look forward to being able to provide our tenants at 300 Regina Street with not only quality rental housing, but also our style of customer service that is based on commitment and integrity,” continues Drimmer.  “That is what sets TransGlobe apart from our competition and that is what we take the most pride in.”

Further expansion into the area is expected.  Ownership and management of the property begin today.

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 23,000 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 . 

If you would like more information about the above, or to schedule an interview with Daniel Drimmer , TransGlobe's President or Leonard Drimmer , TransGlobe's CEO, please contact Holly Dollinger at 905-629-7770 or hdollinger@GOtransglobe.com .

 

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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 Holly Dollinger at 905-629-7770 or email hdollinger@GOtransglobe.com.
 
 

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