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, ON (new community for the Retail REIT)
- 1505 Highbury Avenue, London, ON
- 71 Sandwich Street, Amherstburg, ON (new community for the Retail REIT)
- 399 King Street, Welland, ON (new community for the Retail REIT)
- 401 St. Clair Street, Chatham, ON
- 1507 9th Avenue East, Owen Sound, ON
- 466 Goderich Street, Port Elgin, ON
- 470 Centre Street North, Napanee, ON (new community for the Retail REIT)
- 1975 Bancroft Drive, Sudbury, ON
- 848 Lasalle Boulevard, Sudbury, ON
- 129 Trunk Road, Sault Ste. Marie, ON
- 13 Second Line West, Sault Ste. Marie, ON