Thalmic Labs leases building across from Charlie West
Kitchener – The rapid pace of growth in downtown Kitchener continues, with the latest development happening directly across the street from Charlie West. The historic building at 27 Gaukel St. that’s been the longtime home to Shreiter’s Home Furnishing for years has been leased to Thalmic labs, the Kitchener-based technology company that currently occupies the adjacent building.
The top two floors of the 26,000-square-foot building are going to be used as office space, with the main floor containing an employee cafeteria and meeting space. Schreiter’s is the process of moving to their new Belmont Avenue location.
The Gaukel Street building was acquired last year by Vanguard Developments Corp., which plans to heavily invest in renovations.
“We are renovating the whole space into classic brick-and-beam office space,” said Vanguard co-owner Tom Rakic.
Thalmic Labs is anticipated to move into the new space this Fall.