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, Ontario, and Trois-Rivieres, Québec.
| Property Address | Notable Tenants | Square Footage | Purchase Price |
|---|---|---|---|
| 600-792 & 850 St-Maurice Street, Trois-Rivieres, Québec | Metro Grocery
Dollarama Rossy Variety |
112,746 | $13.4M |
| 110 North Front Street & 21 College Street West, Belleville, Ontario | 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, Ontario-based real estate acquisition, management, and investment firm.