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" There; a numhoom Ill Industrial spaue gmng on In Canada's Technology Irmnglc with Kluhcrwr “Marlon Guelph and t ambndgc all 26mg an [numbing demand As a result, due to arguably the lowest mdusuul space vacancy level, m Canada. leas- mg costs are mueasmg and 2 PIECE [EITHER "VINE 809M351 Due to the nature of our business, inventories will vary at each Outlet area experiencing industrial mini-boom " LOt “BRIE BED!!!) mute and murc Indusnul bulldlngs Jr: going up to men (he mung demand A “1.1er studs by (B Richard Eihs anu'd palms out the t TT has a regional ucamy rate below two per cent wnh current leasmg pnces running m the $4 50 to SS 75 mugs for qualrry space we scum up man INVENTORY a. new wm BRINGING m saunas [0 Will! "(surmount commv cmsm ITS nouns mama! lhe mung lease parts have created opportunures lor ant‘slurS and users to con- struct new buildings The any of Waterloo's mdusuul mummy rate declined to 1 57 per cem from 4 97 per cent as a result of continuing growth In the CTT [EITHER BEGUM!!! Wuh Waterloo being the smallest oi the CTT Indusmal markets In Ierms of square footage, the addmon of new space or the availability of old or new space can easily skew the vacancy rates, The low vacancy level resulted In an average asking lease pnce of $475 compared mth an average ranging from $450 to $5 75inthe CTT asa whole, Wah such an active market, the ctty has seen a posmve absorption of Just under 130,000 square footage m the first quarter of this year. With limited vacancy and llmiled land for indusrrial development, net absorption m this sector will remain low. The international Associa- non of Business Communica- lors (IABC) Grand Valley chapter will hold its spring annual general meeting June 13 at the Waterloo Inn. With the assistance of Wil- frid Laurie: University market- ing professor Brad Davis, the meeting will focus on "The Social Impacts of Advertising". Topics~will include shock advertising - cutting through the noise; adbusters and sub- Patio Furniture IAIN: Emmi Valley enamel Io has! annual general meelinu vertising __ a cultural counter- attack; criticisms of advertising - IS anything new r, stereo- typing by omission; the myth of self-immunity: and preven- tative measures - anticipation and preparation for crists -- ircrcrjir,riii?i,, Tjitt_'C'iiiftz The Bank of Montreal recently announced a major "west- ment in the Waterloo area through us purchase of two local Canada Trust bank branches The bank ml! acqullt the branches and substantially all of the business located at the Glen Forest plaza, and the plaza at the comer of Weber Street and Lincoln Road. "Bank of Montreal IS delighted to welcome the customers at these locations," said Steve Murphy, senior vice-president of the corporation Ill southwestern Ontario. "The bank's expansion in the Golden Triangle area adds to an already strong presence and continues a longstanding tradition of serving this community" Murinhy also sad all 'active stall at the two branches wall be offered positions leith the Bank of Manual. _ ' "Customers will continue to be served by the same famil- iar faces as these locations become Bank of Montreal branches. r “This area has a strong economic base and the future looks equally vibrant. The bank is excited about expanding us commitment here." Bank of Montreal purchases two Waterloo Canada Trust branches how to be down wind when It hits the fan. The meeung will run from 8-lih30 am, with a hot buffet included. The cost to attend is S32 for members and $45 for non- members. To register, call Kelly Pollage at (519) 824-4400, or c-mall IcmorrisoMiltwfpxom. Payment will be accepted at the door the morning of the meeting,