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 [...]
Tag Archives | kitchener waterloo
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 [...]
Sage Condos | Pre-Construction Condos in Waterloo
Sage Condos Sales Update Sales launched today in Waterloo, and the building already has a majority of the units sold. There is an extremely limited supply of 3 bedroom condos, and a decent selection of 5 bedroom condos. Contact us immediately to reserve the condo of your choice. Sage Condos is sold out, save for 3 penthouses which have not [...]
[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 [...]
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 [...]
144 Park, Waterloo – Will A Second Tower Be Announced?
144 Park, Waterloo 144 Park is a condo development in Waterloo that has been selling pre-construction for a couple years – and construction looks like it will finally get underway this fall. Second 144 Park Tower? 144 Park is a 19 floor tower at the corner of Park & Allen, adjacent to the Bauer Lofts [...]
Healthy resale prices at the42 Condos in Waterloo
Have you see the42 Condos yet? This mid rise condo loft development was just completed this year, and has a prominent Uptown Waterloo location at Bridgeport & Peppler. Momentum Developments is getting a lot of love around Waterloo these days for the release of their new development, RED Condominiums, which debuted last night to a [...]
RED Condos in Waterloo are over half sold out already
This morning we brought you anecdotal sales figures from the RED Condos in Waterloo launch last night (RED Condos in Waterloo Starts Sales with a BANG) and after meeting with one of the developers this afternoon, I have more details. Half of the RED Condos in Waterloo SOLD Momentum Developments, the firm behind RED Condominiums in [...]
