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| March 28, 2007 |
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TransGlobe continues to make headlines with major acquisitions in BC continuing its rapid growth strategy in the region. |
Canadian property management company closes a 20 building acquisition totaling 950 units in six different transactions. |
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Vancouver–BC– March 28, 2007 –TransGlobe Property Management continues its cross Canada expansion with the acquisition of 20 residential properties throughout British Columbia.
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The properties consist of bachelors, 1, 2 and 3 bedroom units, and like all TransGlobe properties, tenants will enjoy value-priced rental rates in safe, well-maintained and well-managed apartment buildings. |
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These deals bring TransGlobe BC holdings to over 3,110 suites and 150,000 square feet of commercial space making TransGlobe a major investor in the BC marketplace. |
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The buildings are located at:
515-525 Foster Street, Coquitlam
655 North Road, Coquitlam
2010 St. Johns Street, Port Moody
6920 Gilley Avenue, Burnaby
1114-1130 Howie Avenue, Coquitlam
2130 Cambridge, Vancouver
967 Collinson Street, Victoria
1948 McCallum Road, Abbotsford
1868 McCallum Road, Abbotsford
33690 Marshall Road, Abbotsford
33331 Old Yale Road, Abbotsford
7111 Linden Avenue, Vancouver
535 Niagara Street, Victoria
575 Marified Avenue, Victoria
1140 Hillside Avenue, Victoria
1576 Midgard Avenue, Victoria
625 Gorge Road West, Victoria
200 Gorge Road West, Victoria
3501 Savannah Avenue, Victoria
70 - 76 Dallas Road, Victoria
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“We love the province of British Columbia and are particularly proud to have solid roots, and to provide value–priced apartments in the region. The province is a wonderful place to live and represents an area for future growth. We are delighted to be a part of it,” comments TransGlobe President Daniel Drimmer.
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The company’s strategically built infrastructure supported by 1,000 employees, is well equipped to service all tenants and will continue to rent apartments at reasonable rates to all residents.
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“Our new tenants can look forward to the high service standard that defines TransGlobe. All Residents can have their service needs met any time of the day through our 24-hour, 7-day-a-week Customer Care Centre,” says Leonard Drimmer, TransGlobe CEO.
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Despite the company’s continued growth, TransGlobe continues its commitment to offer BC renters value-priced options in a very competitive rental market.
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Ownership and management of the properties begin today.
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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 22,000 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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