On Monday, December 23rd, Skyline Commercial REIT purchased a commercial portfolio in Cambridge, ON. The Fengate commercial portfolio consists of six properties with a total purchase price of $20.6 million, 62 individual tenants and almost 300,000 square feet of commercial space!
The building addresses in the portfolio include:
- 15, 101 and 131 Sheldon Drive
- 1177 and 1195 Franklin Boulevard
- 1425 Bishop Street
Skyline Commercial REIT wrapped up 2013 with 64 properties across 15 Ontario communities, and approximately 3.2 million square feet of commercial space.
About Skyline Industrial REIT
Skyline Industrial REIT (the “REIT”) is a privately owned and managed portfolio of industrial properties, focused on acquiring warehousing, distribution, and logistics-centred properties along major highway corridors and transportation routes in Canada.
Skyline Industrial REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the preferred Exempt Market Dealer for the REIT.
Skyline Industrial REIT is committed to providing outstanding places to do business and superior service to its tenants, while surfacing value with a goal to deliver stable returns to its investors.
To learn about additional alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca.
Skyline Industrial REIT is operated and managed by Skyline Group Of Companies.
For media inquiries, please contact:
Jeff StirlingVice President, Corporate Marketing & Communications, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
519.826.0439 x243
