[Guelph, ON – October 15th, 2019]
On October 4th, 2019, Skyline Commercial REIT completed the sale of a single-tenant industrial property at 21 Steelwell Road in Brampton, ON. The total disposition was for 15,000 square feet at a total sale price of $3.6 million.
The capital from this sale will be re-deployed by the Skyline Commercial REIT toward other accretive acquisitions in established markets along major transportation arteries that meet the standards and growth potential of the Skyline Commercial REIT.
Post-disposition, the Skyline Commercial REIT has 83 properties in 34 cities across ON, QC, SK, MB, and AB, with over 6 million square feet of commercial space.
Press releases are disseminated by Skyline Wealth Management Inc. ("Skyline Wealth") on behalf of the Issuer as at the date of publication and Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy.