Skyline Commercial REIT Completes Sale of Brampton, ON Property
November 18, 2019 - Press Release
On October 4, Skyline Commercial REIT completed a disposition transaction of one property in Brampton, ON for $3.6 million. The single-tenant industrial property is located at 21 Steelwell Road and consists of 15,000 square feet of rentable space.
The capital from this sale will be re-deployed by Skyline Commercial REIT toward other accretive acquisitions in established markets along major transportation arteries that meet the standards and growth objectives of Skyline Commercial REIT.
Post-acquisition, Skyline Commercial REIT has 83 properties in 34 communities across ON, QC, SK, MB, and AB, with over 6 million square feet of commercial space.
About Skyline Commercial REIT
Skyline Commercial 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 offered as an alternative investment product through Skyline Wealth, the exclusive Exempt Market Dealer (EMD) for the REIT.
Skyline Commercial REIT is committed to providing outstanding places to do business and superior service to its tenants, while surfacing value and delivering 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