On Friday, March 3rd, 2017, the Skyline Retail REIT purchased its first properties in the province of Quebec, with the acquisition of a 7-property portfolio anchored by Jean Coutu, a Quebec-based drugstore chain. The total purchase price for the portfolio was $35.25M, and the 7 properties total 149,324 square feet of retail space.
2722 Boulevard Royal, Shawinigan, Québec
8995 & 9021-9041 Boulevard Saint-Michel, Montreal, Québec
4916-4930 Boulevard Saint-Jean, Montreal, Québec
405 Boulevard Grand, L’Ile Perrot, Québec
2310 Rue Saint-Louis, Gatineau, Québec
6455-6461 Avenue Christophe-Colomb, Montreal, Québec
5510-5520 Chemin de la Cote-des-Neiges, Montreal, Québec
Post-acquisition, the Skyline Retail REIT comprises 63 properties in 42 communities across Ontario and Québec, with over 1.9M square feet of retail space.