Wednesday, August 1, 2007
InterRent REIT Announces Closing of 94 Suite Property Acquisition
This is InterRent's second building in Stratford, bringing its total ownership in this western Ontario city to 218 suites, or 11.3% of multi residential suites in Stratford. Located between London and Kitchener, Ontario, Stratford is a city with a population of 31,000, well known for its annual Shakesperean theater festival and its ideal location on the banks of the Avon River, with Lake Victoria in the center of the city. It has become a bedroom community for both larger population centers, as well as a popular retirement location for many of the area's affluent seniors.