[Guelph, ON – October 16, 2019]
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 one of five private investment products under Skyline Group of Companies, a national real estate investment, and property management organization. Skyline Commercial REIT is committed to providing the best in class commercial spaces to its tenants with the focus on delivering stable returns to its investors.
Skyline Group of Companies currently manages approximately $4.5 billion in assets and provide over 2,600 investor households with exceptional investment opportunities in these privately-held products.
To learn more about Skyline Commercial REIT, please visit www.skylinecommercialreit.ca.
To learn about additional alternative investment products offered through Skyline Wealth Management, please visit www.skylinewealth.ca.
Skyline Commercial REIT is operated and managed by Skyline Group of Companies.
For media inquiries, please contact:
Cindy BeverlyVice President, Marketing & Communications
Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
519.826.0439 x602