Skyline Commercial REIT Acquires 3 New Properties
August 31, 2017 - Press Release
On August 31, 2017, Skyline Commercial REIT acquired three new properties in South-Western Ontario, and entered the community of Ayr.
5 Fleming Drive, Cambridge, ON, was purchased for $7.15M and has a total of 75,607 square feet of commercial space.
17 Woodyatt Drive, Brantford, ON, was purchased for $2.9M and has a total of 72,527 square feet of commercial space.
5 Cochrane Drive is the Commercial REIT’s first property in the community of Ayr, ON. The two-building property was purchased for $3M and has a total of 44,414 square feet of commercial space.
Post-acquisition, Skyline Commercial REIT comprises 89 properties in 33 communities across Ontario, Quebec, Alberta, and Saskatchewan. The portfolio has a total of more than 5.5M square feet of commercial space.
About Skyline Commercial REIT
Skyline Commercial REIT (the “REIT”) is a privately owned and managed portfolio of commercial properties, focused on acquiring industrial and logistics-centred properties along major highway corridors and transportation routes in Canada.
Skyline Commercial REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the exclusive Exempt Market Dealer for the REIT.
Skyline Commercial REIT is committed to providing outstanding places to do business and superior service to its 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 Commercial 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
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