| March 21, 2007 |
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TransGlobe continues growth in GTA with purchase of 27,000 sq. ft. commercial office property. |
Canadian company acquires office building in the city of Toronto. |
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Toronto–ON– March 21, 2007 –TransGlobe Property Management Services is pleased to announce today the acquisition of a commercial property located at 400 Carlingview Drive, Toronto.
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The commercial building compliments the substantial holdings already owned and management by TransGlobe along the Hwy 427 Corridor. This latest addition to the TransGlobe portfolio positions the company to provide greater choice and variety for commercial tenants. |
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With only a five-minute drive to the airport and 20 minutes from downtown, the property offers an ideal location for commercial clients who want proximity to both. |
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The well-built, facility consists of two floors and offers 27,000± square feet of office space. It is well suited for single tenant occupancy; and TransGlobe has wasted no time in developing occupancy strategy with a first class organization to fulfill this plan. |
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“We are very pleased to be expanding our commercial portfolio in the GTA. This latest acquisition further enhances our portfolio spread and provides greater variety for commercial tenants to choose from,” comments Daniel Drimmer, President of TransGlobe. |
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TransGlobe is believed to be the largest landlord on the 427 Corridor. This deal exemplifies the company’s focus on expansion in Western GTA and to providing its tenants with superior property management solution second to none.
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The company has commercial properties located in Toronto, Mississauga, Downsview, Markham, Oakville, Kitchener, Victoria, Vancouver, Calgary and Halifax.
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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, 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 21,000 apartments and more than 5.2 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 416-629-6844 or email
bhajdu@GOtransglobe.com. |
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