| September 15, 2006 |
|
|
TransGlobe makes its entry into the St. Thomas rental market with the acquisition of 118-unit high rise apartment building. |
| |
St. Thomas –ON – September 15, 2006 –The residents of 104 Confederation Drive in St. Thomas, Ontario will now benefit from the exceptionally high building and service standards of its new owner and property manager, TransGlobe Property Management. The company announced that ownership and management of the property begins today.
|
|
While a substantial number of the company’s 16,000-unit residential portfolio is concentrated in Southern-Western Ontario, the company continues to venture into new territories within the province and across Canada. This is TransGlobe’s first acquisition in St. Thomas and the company anticipates future growth in this region. |
| |
With its small-town charm and robust economy, St. Thomas is ideal for renters who appreciate a community that values family, health and safety, and has excellent employment opportunities. |
| |
“We are excited to be a part of this beautiful and quaint city. It is home to some of Canada’s finest manufacturers and the people of this city embrace a strong sense of community. We look forward to providing our new tenants with a well-maintained and well-managed property and with unmatched service standards,” says TransGlobe President Daniel Drimmer. |
| |
The property, located at the intersection of S. Edgeware Road and Burwell Road, has a number of amenities nearby, including schools, shopping facilities, libraries and churches. |
| |
Residents stand to benefit from the new management of owners who value good tenant relations and who lead by example. A hallmark of the company is its high service standards and the implementation of a 24-hour, 7-days-a-week Customer Care Centre. Potential and existing tenants can make rental, maintenance and other enquires any time of the day, in their language of choice, and have quick response to their issues. |
| |
“Whether it’s a maintenance or tenancy issues, our residents deserve immediate attention when they need it. That is why we have taken care to ensure that tenants get a live person when they call and that our Building Representatives and Service Team are equipped to handle matters in a prompt and professional manner,” says Leonard Drimmer, TransGlobe CEO. |
| |
As a core company philosophy, TransGlobe will be renting these suites at reasonable rates that are well within the reach of renters. This latest purchase adds another 118 units to the company’s impressive residential portfolio. |
| |
| |
About TransGlobe Property Management: TransGlobe Property Management is the landlord for multiple industrial, commercial and residential properties from coast-to-coast. Locations include Halifax, Ottawa, Cornwall, the GTA, Burlington, Kitchener-Waterloo, London, Vancouver, Victoria and other major population centres.
|
| |
With more than a decade of management experience, a portfolio that includes over 16,000 apartments and more than 4.5 million square feet of commercial space, TransGlobe is dedicated to property management with integrity. |
| |
- 30 - |
|
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 416-234-8444 ext. 1920 or email bhajdu@GOtransglobe.com. |
| |
| |
|
