Downtown Kitchener is now home to Google’s largest Canadian office.
Marking one of Waterloo Region’s largest office transactions to date, Google signed a lease yesterday for 185,000 square feet of office space in the Breithaupt Block, located in Kitchener’s Downtown core. Only five short years ago, Collins & Aikmann was manufacturing auto parts in this turn-of-the-century industrial building. Today, the Breithaupt Block is a local architectural gem and one of Kitchener’s greatest success stories.
Colliers International originally represented Perimeter Development in the sale of the factory in 2009 and worked closely with Perimeter and Allied REIT to position the property in a challenging market. The building has since been transformed into Class A, brick-and-beam office space. Google will take possession of the remaining existing office space later this year, and will build an additional, two-storey building on the property scheduled for completion in 2016.
News of the lease has been met with great excitement and anticipation. Kitchener has gained momentum in recent years as an emerging technology hub, welcoming companies like Google, Desire2Learn and Communitech Hub into the fold, and in turn, creating a now flourishing “Innovation District”.
John Lind, lead sales representative for the Breithaupt Block, believes this lease is an indication of more good things to come: “This is just further evidence that Waterloo Region is a fantastic place to work and to live. Google recognized the tremendous talent and entrepreneurial spirit found here, and committed to being part of it in a big way.”
Karl Innanen, Managing Director of Colliers International’s Waterloo Region office, commented, “This is a real vote of confidence for the Waterloo Region market, especially in light of BlackBerry’s current struggles. Google’s office expansion in Downtown Kitchener will have an incredibly positive ripple effect throughout the entire Region.”