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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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 [...]
RIM & Kitchener Waterloo’s Commercial Real Estate Market
RIM & Kitchener Waterloo Commercial Real Estate Last week I met with Matthew Kang from CTV to talk about the Kitchener Waterloo Commercial Real Estate Market, and whether or not there is a slowdown due to Research In Motion. First off, RIM is doing fine. 70 million subscribers; Billions in profit; zero debt. CTV was [...]
Apple Store Waterloo opens: A look at a HOT retail market
Update: The Apple Store in Conestoga Mall is now open. Have you been? Let us know how it is in the comments! Apple Store at Conestoga Mall in Waterloo Opens This week I had the pleasure of speaking with Ron Charles from CBC’s The National about the new Apple Store opening up in Waterloo’s Conestoga [...]
Kitchener Waterloo’s Hospitality Sector Is Hot
Something is in the air – maybe it’s the warm summer weather – business is booming in Kitchener Waterloo’s Hospitality sector. When people talk about the Hospitality sector of Commercial Real Estate, they’re usually talking about Hotels, Restaurants, Convention Centres, Golf Courses & other tourist attractions. In Kitchener Waterloo, the Hotel sector is hot. 2010 [...]
