Skyline Retail REIT Sells Property in Sarnia, ON
June 30, 2020 - Press Release
On June 30, 2020, Skyline Retail REIT, a privately-owned and managed portfolio of retail properties across Canada, announced the sale of a multi-tenant retail plaza located at 1378-1386 Exmouth Street in Sarnia, ON.
The plaza comprised 21,802 square feet of retail space and had two tenants, Best Buy and A&W. The total sale price for the property was $5.75M.
| Property Address | Tenants | Total Sq. Ft. | Sale Price |
|---|---|---|---|
| 1378-1386 Exmouth Street | · Best Buy · A&W |
21,802 | $5.75M |
Post-disposition, Skyline Retail REIT comprises 110 properties in 66 communities in five provinces across Canada, with a total of 4,541,776 square feet of retail space.
About Skyline Retail REIT
Skyline Retail REIT (the “REIT”) is a privately owned and managed portfolio of retail properties, focused on acquiring well-located properties with service-oriented, national brand tenants in secondary and tertiary communities across Canada.
Skyline Retail REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the exclusive Exempt Market Dealer for the REIT.
Skyline Retail REIT is committed to providing outstanding places to conduct business and services. It prioritises superior service to its retail tenants while surfacing value with a goal to deliver stable returns to its investors.
To learn about additional alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca.
Skyline Retail REIT is operated and managed by Skyline Group of Companies.
For media inquiries, please contact:
Jeff Stirling
Director of Marketing, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
(519) 826-0439(519) 826-0439 x 243
Related Articles:
Skyline Retail REIT Sells Property in Brandon, MB
November 10, 2020
Skyline Retail REIT sells a 16,986 square foot property...Skyline Retail REIT Purchases Retail Plaza in St-Félix-de-Valois, QC
June 12, 2020
On June 10, 2020, Skyline Retail REIT, a privately-owned...Skyline Group of Companies CEO Jason Castellan Featured on RealREIT 2020 Conference Panel
September 24, 2020
Panel discussed real estate valuation and investment...