Skyline Retail REIT Purchases First Property in Sarnia, Ontario

February 14, 2015 - Property Acquisitions

On Thursday, December 10th, 2015, the Skyline Retail REIT entered its 34th community: the city of Sarnia, ON. The Retail REIT acquired a 21,802 square foot property at 1378-1386 Exmouth Street, with Best Buy and A&W serving as anchor tenants. The property was purchased for $5.52 million.

Post-acquisition, the Skyline Retail REIT comprises 48 properties in 34 communities across Ontario, with over 1.44 million 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 Acquires Hanover, Timmins, and Coniston Properties

August 25, 2014

On Monday, August 18, 2014, the Skyline Retail REIT...

Skyline Retail REIT Purchases Second Property in Port Elgin, Ontario

May 14, 2015

On Wednesday, April 13th, 2015, the Skyline Retail...

Skyline Retail REIT Acquires Additional Property in Sault Ste. Marie, ON

October 4, 2018

On October 4, 2018, the Skyline Retail REIT, a privately-owned...

Disclaimer

The information provided on this website is for general information purposes only and is derived from sources that Skyline Retail REIT believes are reliable. This website does not constitute an offer of, or solicitation for, the purchase and sale of any securities under any circumstances. Please read the confidential offering documents before investing, as they contain important information on fees and risk factor. Nothing herein should be construed as investment, legal, tax, regulatory or accounting advice.