TransGlobe completes the acquisition a residential garden complex in Abbotsford, B.C.; adds 110± rental suites to its Western Canadian holdings
Abbotsford, B.C. – September 6, 2007 – TransGlobe Property Management Services announced the purchase of an Abbotsford property comprised of two residential low-rises today. The two buildings are located at:
· 2929 Tims Street
· 2959 Tims Street
They add 44 and 66 units to TransGlobe's portfolio respectively and offer Transglobe residents all the benefits of a mature, residential neighbourhood combined with the proximity to the active downtown area of this fifth largest municipality in British Columbia . Located among plenty of trees and shrubbery and within a short walk of the Abbotsford City Hall as well as the South Fraser Way downtown corridor lined with a number of restaurants, shops and banks, the property constitutes one of the prime rental locations in this vibrant community.
The acquisition brings the total number of suites the company has added to its B.C. portfolio in the past month alone to 230±.
“Abbotsford has been an important part of our process of expansion into British Columbia ,” commented Daniel Drimmer, TransGlobe's president. “The residents in the province have been very receptive to what Transglobe has to offer and Abbotsford is a prime example of that.”
“Our style of property management is very progressive in its focus on customer service and we would certainly like to introduce as many B.C. residents to it as possible,” he added. “They will surely benefit from it as much as we will enjoy providing it.”
TransGlobe's expansion into British Columbia is expected to continue.
About TransGlobe Property Management Services
TransGlobe is the proprietor of multiple industrial, commercial and residential properties across Canada . Their locations include a number of major population centers in British Columbia , Alberta , Ontario , New Brunswick , Prince Edward Island and Nova Scotia .
With a portfolio of over 24,000 rental suites and more than 5.5 million square feet of commercial space, TransGlobe is one of the largest property management companies in Canada . With aspirations of providing quality rental options to as many Canadians as possible, the company has adapted a firm strategy designed to further expand and diversify its presence from coast to coast.
Backed by over a decade of experience and a philosophy of property management with integrity, TransGlobe remains equally focused on customer service. All of its residents enjoy the benefits of a 24/7 Customer Care Centre, a dedicated maintenance team as well as a Rental Rewards program - all designed to provide them with an unsurpassed rental experience. www.GOtransglobe.com
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