Big news today in Kitchener Commercial Real Estate, Allied REIT has purchased The Tannery District, the jewel of Kitchener’s Warehouse / Innovation District for $61.75 million. The Tannery District is a 340,150 square foot property redeveloped by Cadan Properties. It was the Lang Tannery, the largest tannery in the British Commonwealth at one point. With [...]
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Morty’s owners purchase Forwell Variety on King Street in Waterloo
Breaking news, the owner of Waterloo’s popular Morty’s pub has purchased the Forwell Super Variety store on King Street just south of University Ave in Waterloo. This is a high profile retail location, across the street from Wiflrid Laurier University, and just south of one of the busiest corners in Waterloo Region. Note: Morty’s Pub [...]
Waterloo’s The Record Talks to Benjamin Bach about WLU’s $60 mil Purchase
Student Housing Portfolio Sale One of Waterloo Region’s Largest Commercial Sales Last night I spoke with Brent Davis from The Record about WLU’s recent acquisition of the student housing portfolio on Bricker, Ezra and Hickory. The entire article can be found at this link. Below are some excerpts of my comments: “They ask for [...]
WLU drops $58.9 mil on Student Housing Investment Portfolio in Waterloo
Big news today, Wilfrid Laurier University has closed on their acquisition of the 765 bed Student Housing portfolio near WLU campus. This will be one of the largest commercial real estate transaction in Kitchener Waterloo this year. Laurier acquires apartment buildings adjacent to Waterloo campus WATERLOO – Wilfrid Laurier University has purchased 12 student-housing apartment [...]
Works Burger opening on King in Uptown Waterloo
The Works Burger has signed a deal to move into the former Janet Lynn’s space at 92 King Street South in Uptown Waterloo. View Larger Map New Kitchener Waterloo Restaurants This is the latest restaurant chain to come to Kitchener Waterloo; the Honest Lawyer recently announced plans to move into the main floor of 305 [...]
Kitchener Waterloo Commercial Real Estate is HOT
It’s getting cold out, but the commercial real estate market in Kitchener Waterloo is still HOT. The last couple of years have seen some huge brands set up shop in Waterloo Region, with others announcing plans to open in 2012 and 2013. Brands such as Google, Apple, Coach and Marshall’s have come into Kitchener Waterloo [...]
Is Facebook *actually* coming to Kitchener? Update on the rumours
Ever since DCN ran a story about Facebook potentially setting up offices in Kitchener’s Breithaupt Block development (link) people all over Waterloo Region have been talking about it. 570 News is running a story (below) in which they say they’ve confirmed that Facebook is coming to town. At the moment, the only source for this [...]
[Rumour] Whole Foods moving into Kitchener ?
Rumour on the street is that Whole Foods has purchased a site in Kitchener – not Waterloo - and will be coming to the region shortly. Harp Arora on Facebook asked about a location in Kitchener vs Waterloo. From what I’ve heard, Whole Foods wants a site that has at least 40,000 square feet of [...]
Lululemon opens temporary store in Uptown Waterloo Shops
Joining the long line of Retail tenants looking to move into Kitchener Waterloo, Lululemon Athletica has set up a temporary store in Waterloo Town Square in Uptown Waterloo for the holiday season, in the same spot they have been before. The store is well stocked, but has no signage as it is not a permanent [...]
Facebook taking office space in Kitchener at the Breithaupt Block ?
Update: No confirmation yet… See this post for latest details on Facebook in Kitchener Facebook moving into the Breithaupt Block in Kitchener ? UPDATE: 570 News has confirmed that the “company doing the work indicated it is for Mark Zuckerberg’s company” Facebook. UPDATE 2: The Record is now reporting: “D’Angelo said Facebook’s move to Kitchener [...]
