I was reading a report that CBRE research put out (Canadian Multi-Housing Marketview) that had this image showing some large commercial multi-family transactions in Canada in 2009:
In Kitchener Waterloo, the largest transaction in this sector that sold was the apartment building at 345 King Street, that sold for over $28 million to an investor represented by our firm Keller Williams. It is a student residence, leased exclusively to a university.
For more information about the commercial real estate market in Waterloo Region, contact me today at Benjamin@BenjaminBach.com or call me at 519.772.4376.
KW Commercial is your one stop shop for commercial, investment, retail and multi family advice and brokerage in Waterloo Region.
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