Business
Slate Retail REIT Announces Acquisition of Shopping Center in Kentucky
TORONTO , Oct. 2, 2014 /CNW/ - Slate Retail REIT (the "REIT") (TSX: SRT.U / SRT.UN) toda...
About this update from Slate Grocery Reit Class U
[{"type":"text","content":"\n\n\nTORONTO, Oct. 2, 2014 /CNW/ - Slate Retail REIT (the \"REIT\") (TSX: SRT.U\n / SRT.UN) today announced that it has entered into a binding agreement\n to purchase Stonefield Square, a 90,991 square foot grocery-anchored\n shopping center located in Louisville, Kentucky for US$12.6 million\n (US$138 per square foot).  The property is anchored by The Fresh Market\n (NASDAQ: TFM).  The acquisition is expected to be completed in fourth\n quarter 2014 and remains subject to customary closing conditions.\n\n\nAbout Slate Retail REIT\nSlate Retail REIT is an open-ended real estate investment trust focused\n on U.S. grocery-anchored real estate. The REIT's portfolio includes\n over 30 properties located primarily across the top 50 U.S. metro\n markets. The REIT is focused on maximizing value through internal\n organic rental growth and strategic acquisitions. For more information,\n please visit www.slateretailreit.com.\n\n\nSOURCE Slate Retail REIT\n\n\n\n Blair Welch Chief Executive Officer 416 644 4267 Brady Welch Chief Financial Officer 416 644 4263 Copyright CNW Group 2014","length":1744,"tagName":"div"}]