On Thursday, November 2nd, 2017, Skyline Retail REIT purchased a 12-property portfolio consisting of Rexall PharmaPlus stores in communities across Ontario.
Together, the properties comprise 145,489 square feet of retail space. The portfolio was purchased for $61.6M.
Properties in the portfolio include:
- 537-547 Frederick Street, Kitchener, Ontario (new community for the Retail REIT)
- 1505 Highbury Avenue, London, Ontario
- 71 Sandwich Street, Amherstburg, Ontario (new community for the Retail REIT)
- 399 King Street, Welland, Ontario (new community for the Retail REIT)
- 401 St. Clair Street, Chatham, Ontario
- 1507 9th Avenue East, Owen Sound, Ontario
- 466 Goderich Street, Port Elgin, Ontario
- 470 Centre Street North, Napanee, Ontario (new community for the Retail REIT)
- 1975 Bancroft Drive, Sudbury, Ontario
- 848 Lasalle Boulevard, Sudbury, Ontario
- 129 Trunk Road, Sault Ste. Marie, Ontario
- 13 Second Line West, Sault Ste. Marie, Ontario