Skyline Retail REIT Enters Belleville, Ontario and Trois-Rivieres, Quebec

Skyline Retail REIT Enters Belleville, Ontario and Trois-Rivieres, Quebec

On May 7, 2018, the Skyline Retail REIT, a privately-owned and managed portfolio of retail properties across Canada, announced the acquisition of two properties located in Belleville, ON, and Trois-Rivieres, QC.

Property acquisition details
Property Address Notable Tenants Square Footage Purchase Price
600-792 & 850 St-Maurice Street, Trois-Rivieres, QC Metro Grocery
Dollarama
Rossy Variety
112,746 $13.4M
110 North Front Street & 21 College Street West, Belleville, ON Metro Grocery 71,985 $14M

The properties are the Skyline Retail REIT’s first purchases in Belleville and Trois-Rivieres.

Introduced in 2013, the Skyline Retail REIT is fully managed and operated by the Skyline Group of Companies, a Guelph, ON-based real estate acquisition, management, and investment firm.