Skyline Retail REIT Acquires Properties in Windsor and Dryden, Ontario
September 21, 2015 - Property Acquisitions
On Friday, September 18th, 2015, the Skyline Retail REIT purchased its second property in Windsor, ON, at 4140-4150 Walker Road. The property’s anchor tenants are Dollar Tree and Canadian Tire. The property was purchased for $8.4 million and has 21,916 square feet of retail commercial space.
On Monday, September 21st, 2015, the Skyline Retail REIT entered the town of Dryden, ON with the purchase of 620 Government Street. The property, whose anchor tenant is Wal-Mart, was purchased for $10.25 million and has 85,493 square feet of retail commercial space.
The Skyline Retail REIT currently comprises 45 properties in 31 communities across Ontario, with 1.3 million square feet of commercial 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:
Director of Marketing, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
(519) 826-0439(519) 826-0439 x 243
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