NewGen Completes Deal on New Building

Press Release: Monday, January 16, 2012

NewGen Completes Deal on New Building

New office

Today, NewGen announced that it has completed the negotiation of a new office building located in White Rock, BC. This new office is somewhat of a coming home. The building, located just 1 block from the waterfront, was home to NewGen’s first office space. “We used to be a tenant, now we’ll have the whole building.” Co-owner Lee Van Iderstine remarks.

NewGen will be the sole tenant in the new building, using the expanded space to facilitate NewGen’s continued growth.

Residents of the area may recognize the building by the “Buchanan Printing” sign that has been there for well over a decade.

This new office will become NewGen’s head office and base of operations, featuring an expanded helpdesk, a state of the art Network Operations Center and a larger more streamlined Service Center.

There is a lot of work to be done before NewGen can utilize the space, this work will include a complete redesign and renovation of the space, as well as significant green technology upgrades. “We’ve started talks with BC Hydro to see how we can design the new space to take advantage of the latest energy-saving technologies.” says Lee.

We will share more details and photos as the project progresses.

NewGen is expecting to move into the new space in July 2012. 


© NewGen Technologies Corporation. The information contained herein is subject to change without notice. The only warranties for NewGen’s products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. NewGen shall not be liable for technical or editorial errors or omissions contained herein.

The information contained herein may include projections or other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements. These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements.

  • Posted by
    Lee Van Iderstine
    Co-owner & CIO
    Lee co-founded NewGen in 1996 with business partner Robin Hiet-Block. Today, Lee is responsible for identifying new trends and technologies, developing NewGen's offerings, and helping the Client Leadership team find technology solutions to their client's business challenges. Lee's position is fundamental in ensuring that NewGen, and NewGen's clients, maintain a competitive advantage by staying ahead of the technology curve. Lee also has responsibility for the company's sales and marketing activities, including client acquisition, brand strategy, and internal and external communications.

Awards