On July 7, 2023, Skyline Retail REIT sold a retail property at 9-11 Industrial Drive, Grimsby Ontario.
The property totals 25,167 square feet and is currently occupied by leading Canadian health club brand, Goodlife Fitness.
“Skyline Retail REIT continues to primarily focus on core grocery and pharmacy-anchored assets and identified this non-core, single-tenant property as appropriate for a strategic disposition capable of surfacing value for our investors. Congratulations to the buyer and our sincere thanks to all parties involved in this successful transaction,” said Craig Leslie, Vice President, Skyline Retail REIT.”
Post-disposition, the REIT comprises 118 properties in 70 communities in 5 provinces across Canada, with a total of 5,462,874 square feet of retail space.
For media inquiries, please contact:Jeff Stirling
Vice President, Corporate Marketing & Communications
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8