More great news from Kitchener Waterloo’s business community, BufferBox has been acquired by Google. No numbers have been confirmed, but the rumours are that the deal was for approx $17 million. If you don’t know what BufferBox is yet, there is a great article about them in the Globe and Mail: Sick of missing your [...]
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Rendering revealed for Momentum’s condos at King & Victoria in Kitchener
The renderings for 1 Victoria in downtown Kitchener have just been released, and the building looks terrific: This building is proposed for the hard corner of King & Victoria where Carbon Computers currently is, opposite the Kaufman Lofts, the Health Sciences Campus, and the future site of the multi modal transit hub. Momentum Developments is [...]
Cushman & Wakefield led team wins RFP for Waterloo Region Transit Hub strategy
Thursday night was the Grand Opening of Cushman & Wakefield Waterloo Region Ltd. and we had a great launch party attending by many of our clients friends, colleagues from Toronto and also some local dignitaries like Waterloo Mayor Brenda Halloran and local MPP Michael Harris. In addition to introducing Waterloo Region to the Cushman & [...]
Sage II Condos in Waterloo – Turnkey Student Housing
The first phase of Sage Condos by IN8 Developments sold out fast, and the team is back again with the release of a taller, even more exciting luxury building,. Once again, the developer has a turnkey investors package available which includes a fully leased condo, the first year of management, and the condo being fully [...]
Allied REIT buys The Tannery District in Kitchener’s Warehouse / Innovation District
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 [...]
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 [...]
