Building Magazine


New acquisitions make TransGlobe Lethbridge’s largest landlord

TransGlobe Property Management Services has acquired nine properties located in residential communities throughout Lethbridge. Together they add approximately 547 suites to the firm’s portfolio, instantly vaulting it into the rank of the city’s largest landlord.

The buildings are located at:
37 Berkeley Place West
175 Columbia Boulevard West
256 Mayor Magrath Drive North
590, 600 Columbia Boulevard West
1304-1310 23rd Avenue
1603-1615 Scenic Drive South
2014 15th Avenue North
3210 23rd Avenue South
3310 23rd Avenue South

This acquisition comes on the heels of TransGlobe’s purchase of 253 rental suites in Calgary in January of this year.

The properties’ location near local colleges and universities are expected to appeal to Lethbridge’s large student population. “We certainly considered the fact that Lethbridge is home to the only university in Alberta situated south of Calgary and that two of the three colleges in southern Alberta have campuses there,” commented Daniel Drimmer, TransGlobe’s President. “We have always had great success with meeting students’ needs and these properties will allow us to do more of the same in Lethbridge.”

Have your say:

Your email address will not be published. Required fields are marked *