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Lenny Drimmer
Leonard Drimmer
CEO

News / Press Releases

June 29 , 2007

TransGlobe proudly adds another 42± units to its British Columbia portfolio with the purchase of an Abbotsford residential building.

Abbotsford , British Columbia – June 29, 2007 – With this being its second major acquisition of the week in British Columbia , TransGlobe Property Management Services continues its rapid expansion into Canada 's western provinces.  This purchase adds another 42± to its existing Abbotsford portfolio of over 240 residential suites.

The property is located at:

  • 33095 Old Yale Road , Abbotsford , British Columbia

“We are very excited to see our presence in British Columbia develop at such a rapid pace.  It clearly shows that our efforts to provide affordable, high-quality rental housing, as well as our philosophy of property management with integrity have fallen on a very fertile ground,” said Daniel Drimmer, TransGlobe's President.  “The demand is definitely there and we are happy to be able to accommodate it.”

The property is located in a prime uptown, residential neighborhood of British Columbia 's fifth largest city.  With family-friendly neighborhoods, a vibrant and active community and a pleasant climate that is inherent to the region, Abbotsford is also one of the province's most beautiful and dynamic cities. 

The 3-story building offers 42 accommodating 1-bedroom and 2-bedroom layouts and is TransGlobe's second property on Old Yale Road .  Well-placed among trees and foliage that are common to the area and add to its scenic setting, the building also features a secured entrance with a lobby and an intercom as well as an on-site laundry room.  Its proximity to the Seven Oaks Shopping Centre, a number of local restaurants, the area's major highway, public transportation as well as Mill Lake and a number of local parks make this a superb location for tenants with varied needs and lifestyles. 

The residents of 33095 Old Yale Road will now also benefit from TransGlobe's commitment to offer high quality, value-added housing at affordable rates as well as its extensive network of customer services that includes a 24/7 Customer Care Centre and a professional tenant services fleet. 

TransGlobe intends to make the transition of ownership and management as smooth as possible and is certain that its core philosophy of property management with integrity will benefit the property's present as well as future tenants.  TransGlobe does not just rent out apartments – TransGlobe builds communities.

Ownership and management of the property begins 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 .

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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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