Skyline Commercial REIT Sells Mississauga, Ontario Properties

December 1, 2021 - Press Release

[Guelph, Ontario – December 1, 2021

On December 1, 2021, Skyline Commercial REIT sold properties in Mississauga, Ontario, at 2410, 2460 & 2500-2510 Tedlo Street.

Property Address Property Type SF
2410 Tedlo Street, Mississauga, Ontario Flex/small bay multi-industrial 34,600
2460 Tedlo Street, Mississauga, Ontario Single-tenant industrial 42,382
2500-2510 Tedlo Street, Mississauga, Ontario Single-tenant industrial 50,172
127,154

“Skyline Commercial REIT management identified 2410, 2460, and 2500-2510 Tedlo Street in Mississauga, Ontario as non-core assets appropriate for disposition,” said Michael Mackenzie, President, Skyline Commercial REIT.

“This sale aligns with the REIT’s strategy of modernizing its portfolio to be comprised of assets that serve the growing needs of the warehousing, distribution, and logistics sector. The capital from this sale will be directed toward new opportunities including funding for the REIT’s development pipeline, with the ultimate goal of creating further value for investors.”

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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Disclaimer

The information provided on this website is for general information purposes only and is derived from sources that Skyline Commercial 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.