Balsillie's other buy
From the Cambridge Times, May 18, 2007:
Officials at Research in Motion are saying little about a land purchase they have made in Cambridge.Let the speculation begin.
The Waterloo-based high-tech company that brought the world Blackberry technology could be ready to put down roots on the city's east side.
According to Real Track, a website that follows Ontario's commercial real estate market, RIM has purchased a 25.7-acre parcel of land from Mattamy (Galt) Ltd. for $3.7 million through a numbered Ontario company. Mattamy went through a land severance on the property at the city in February. The deal closed Feb. 16.
One of the guys from the sports desk who is from the area says where the land was purchased is "a stones throw from the 401 ... probably about 1 hour and 10 minutes from downtown Toronto."